World : Mexico is one of the ten countries with the highest investment in clean energy in the entire planet

Mexico is one of the ten countries with the highest investment in clean energy in the entire planet and in terms of energy efficiency it has consolidated as the leader of Latin America, assured the Secretary of Energy, Pedro Joaquín Coldwell, in the ordinary session of the Consultative Council for the Energy Transition (CCTE), where the clean energy progress report was presented to the first semester of 2018, which, according to the available data, reached 24.12 percent of electric power generation with clean sources.

In this sense, it was highlighted that Mexico is placed less than one percentage point to reach the goal established in the Energy Transition Law of having 25 percent generation with clean sources by the end of 2018. It was also explained that this year The first phases of six of the winning projects in the Electric Auctions with one thousand 564.93 MW came into operation: four photovoltaic projects with a total capacity of 965.93 MW and two wind farms with 599 MW.

It should be noted that one of the technologies that contributed a lot to obtain this result was efficient cogeneration.

For its part, the Mexican Institute for Competitiveness (IMCO) presented the results of the annual review of the planning instruments: The Transition Strategy to promote the Use of Cleaner Technologies and Fuels; The National Program for the Sustainable Use of Energy (PRONASE) and the Special Program for Energy Transition (PETE).

The IMCO reported that solar photovoltaic energy grew by more than 1,300 percent in a period of four years and wind energy grew by 154 percent in the same period. This is mainly due to two important actions: the realization of the electric auctions and the implementation of a Clean Energy Certificates (CEL) market.

He also stressed that from 2013 to 2016, the energy intensity was reduced by 5 percent. In the case of PRONASE, he pointed out that the total percentage of progress is 97 percent, complying with the provisions of the Energy Transition Law and positively impacting the positioning of our country at the international level and Mexico has placed itself in the 12th place, surpassing the site 16 that was in 2016.

Regarding the Special Program for the Energy Transition, he noted that as of November 15, 2018 there were 55 lines of action completed at 100 percent and 142 activities that had met their goal. The average advance of this instrument is 96 percent and this has influenced Mexico to be among the ten countries with the greatest attraction for investments in Renewable Energy. In 2017 alone, Mexico accounted for 36 percent of investments in Latin America.

For its part, the Climate Initiative of Mexico (ICM) informed the plenary of the CCTE that on November 21, the Financing Project for the Access of Renewable Energy Technologies of Distributed Electricity Generation (FATERGED), now called CSolar, was launched. it was established with a guarantee fund of 96 million pesos deposited in Nacional Financiera, which will allow the detonation of credits for SMEs of up to 960 million pesos at a preferential rate in a market of close to 4 million companies likely to be benefited.

The Secretary of Energy, Pedro Joaquín Coldwell, in front of more than 150 people participating in the Council, recognized the governments, agencies and international institutions that have supported Mexico in the energy transition: World Bank, Inter-American Development Bank, German Cooperation Agency, the Danish Energy Agency, the French Agency and the Renewable Energy Laboratory of the United States.

He also recognized the representatives of the Academy, the NGOs and the private sector, for their participation and commitment to the energy transition.

 

Source : http://www.bnamericas.com/news/electricpower/mexico-is-one-of-the-ten-countries-with-the-highest-investment-in-clean-energy-in-the-entire-planet

Smart Grid Bulletin November 2018


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