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State electric utility demands restrictions on private players

12/26/2019
State electric utility demands restrictions on private players

Photo: Agencia Reforma (Archivo)

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• DEMANDS: State power utility (CFE) has presented an all-encompassing plan measures that it says the Mexican Government and regulatory agencies must address to strengthen the company’s position in the market but that critics say would dial back the country’s 2014 energy reform.

• DOCUMENT: Dated October 2nd, CFE requested in a 17-page document some 80 rule-changing measures ranging from limiting new clean energy actors to enter the market and even forcing self-organized manufacturing clusters to sell surplus power they produce.

• EXCESS: “This is an excess because not only does it involve destroying the investment of these companies, but they also intend to sell the energy to CFE at the price they want”, said a source in the private sector who asked not to be named.

• PLAYING FIELD: Last week, López Obrador defended his government’s actions arguing that they didn’t attempt to resurrect CFE’s electricity generation monopoly but that they were rather necessary to even the playing field with private power generators.

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  • Home
  • Opinion
    • Amy Glover
    • Andrés Martínez
    • Carlos Elizondo
    • Cecilia Farfán
    • David Shields
    • Gerónimo Gutiérrez
    • Guest Column
    • Jorge Suárez Velez
    • Joy Olson
    • Luis Rubio
    • Mia Armstrong
    • U.S. Mexico Foundation
    • Vanda Felbab-Brown
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    • Border Crossings
    • Knowledge Transfers
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    • Migration Tides
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    • Travel Security
    • USMCA Insights
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© 2019 Mexico Today.