{"id":3371,"date":"2021-02-10T17:58:26","date_gmt":"2021-02-10T23:58:26","guid":{"rendered":"http:\/\/accesstomexico.mx\/blog\/?p=3371"},"modified":"2021-02-11T18:00:55","modified_gmt":"2021-02-12T00:00:55","slug":"mexico-energy-bill-could-raise-emissions-and-prices-bnef-says","status":"publish","type":"post","link":"https:\/\/accesstomexico.mx\/blog\/mexico-energy-bill-could-raise-emissions-and-prices-bnef-says\/","title":{"rendered":"Mexico Energy Bill Could Raise Emissions and Prices, BNEF Says."},"content":{"rendered":"\n
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BLOOMBERG<\/a><\/p>\n\n\n\n

Mexico President Andres Manuel Lopez Obrador\u2019s latest effort to nationalize the power sector threatens to undercut renewables production that has slashed electricity prices in recent years. <\/p>\n\n\n\n

A proposed bill to prioritize power generation by the state utility CFE over privately-owned wind and solar projects could also raise Mexico\u2019s emissions, BloombergNEF said in a report. Wind and solar production more than doubled from 2018 through 2020, partly thanks to energy reforms undertaken by the previous government, said James Ellis, BloombergNEF head of research for Latin America. The growing share of renewables has helped cut wholesale electricity prices by 69% over that time frame.<\/p>\n\n\n\n

Under the new proposal, hydropower plants would be dispatched first, followed by natural gas, oil and coal power plants owned or under contract to state-owned CFE. Wind and solar would come last. The president, known as AMLO, said on Tuesday said that the bill is essential to keeping power costs low for Mexican citizens and argued that private power generators will inflate costs.<\/p>\n\n\n\n

But \u201csuch re-prioritization of dispatch not based on costs will distort wholesale power prices,\u201d BNEF said in its report. \u201cIn an economically efficient system, wind and solar would always be dispatched first,\u201d said Ellis. \u201cCFE aren\u2019t developing wind and solar and they have a very old fleet of plants. Even their thermal plants are less efficient then their private counterparts.\u201d<\/p>\n\n\n\n

Energy generated by CFE plants is, on average, costlier than that from renewables, said Julio Valle, spokesman for Mexico\u2019s wind and solar associations Amdee and Asolmex. \u201cIt\u2019s difficult to understand where the president\u2019s getting his information,\u201d he said.<\/p>\n\n\n\n

Amy Stillman. (2021). Mexico Energy Bill Could Raise Emissions and Prices, BNEF Says. USA. Bloomberg<\/em>. Recuperado de <\/strong><\/p>\n\n\n\n

https:\/\/www.bloomberg.com\/news\/articles\/2021-02-10\/mexico-energy-bill-could-raise-emissions-and-prices-bnef-says?srnd=premium<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

BLOOMBERG Mexico President Andres Manuel Lopez Obrador\u2019s latest effort to nationalize the power sector threatens to undercut renewables production that has slashed electricity prices in recent years.  A proposed bill to prioritize power generation by the state utility CFE over […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3371","post","type-post","status-publish","format-standard","hentry","category-uncategorized","clearfix"],"_links":{"self":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/3371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/comments?post=3371"}],"version-history":[{"count":1,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/3371\/revisions"}],"predecessor-version":[{"id":3373,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/3371\/revisions\/3373"}],"wp:attachment":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/media?parent=3371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/categories?post=3371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/tags?post=3371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}