Tag Archives: CFE

Billions of Pesos in Investment Jeopardized by Electricity Reform

By KELIN DILLON Over 196.7 billion pesos in investment into Mexico’s energy sector are now in jeopardy, following Mexican President Andrés Manuel López Obrador’s (AMLO) controversial proposals to reform the nation’s electric industry, according to opponents of the bill. The proposed law would allow Mexico’s government-owned Federal Electricity Commission (CFE) to gain priority over private energy plants to upload their

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The Tempest over Mexico’s Proposed Electricity Bill

By RICARDO CASTILLO There is no doubt that the Mexican Supreme Court’s harsh blow against President Andrés Manuel López Obrador’s (AMLO) Energy Bill on Wednesday, Feb. 3, which shot down 22 articles of the controversial edict pushed through last year by Energy Secretary Rocío Nahle, wobbled the administration. The court voted against the bill because of what it considered radical

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Private Sector Rejects AMLO’s Proposed Electric Reform

By KELIN DILLON Mexico’s private business sector has accused Mexican President Andrés Manuel López Obrador’s (AMLO) proposed reform to the nation’s electric industry of being an “indirect expropriation” of investments made by private companies. The proposed law would allow Mexico’s state-owned Federal Electricity Commission (CFE) to gain preference over private energy plants to upload their production to the grid, limiting

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