By KELIN DILLON Just one day after Mexico’s head of the Federal Electricity Commission (CFE), Manuel Bartlett, claimed that private-sector energy providers would not be compensated for contracts potentially cancelled by the country’s proposed electricity reform, National Regeneration Movement (Morena) Senator Ricardo Monreal on Saturday, Oct. 16, urged the CFE and its officials to remain “prudent” about the goals of
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AMLO’s Electricity Reform Bill
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By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López Obrador (AMLO) left no doubt on Monday, Oct. 10, as to which energy sources would be prioritized under his new electricity initiative. During his daily morning press conference, AMLO had Energy Secretary Rocío Nahle read out the details of his proposed electricity reform, which, she said, would return control
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By KELIN DILLON On Friday, Oct. 8, officials from the the United States and Mexico held a call with one another to discuss the potential effects Mexico’s proposed electric reform could have on the relationship between the two countries, less than two weeks after Mexican President Andrés Manuel López Obrador (AMLO) sent the reform to Congress for approval. Mexico’s Deputy
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By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López Obrador’s (AMLO) proposed electricity reform would nullify at least 32 existing contracts with private electricity generators, especially those of independent energy producers, which, according to data from Federal Electricity Commission (CFE), are valued at 1.6 trillion pesos. To put that in context, that sum would constitute enough money to
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By THE PULSE NEWS MEXICO STAFF Regardless of whether his controversial electric energy reform — currently in Congress awaiting passage — is approved, there will be no government concessions for the exploration and exploitation of Mexico’s lithium reserves, President Andrés Manuel López Obrador (AMLO) said Thursday, Oct. 7. During his daily morning press conference at the National Palace, AMLO warned
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Walking Away from AMLO’s Electricity Reform
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By THE PULSE NEWS MEXICO STAFF Moody’s Analytics, one of the three top credit rating agencies in the world, said Wednesday, Oct. 6, that Mexican President Andrés Manuel López Obrador’s (AMLO) controversial electricity reform initiative would have negative implications for the country’s credit rating. “The initiative would be negative for the Mexican power sector because it would decrease its operational
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By KELIN DILLON On Tuesday, Aug. 10, Mexican Judge Juan Pablo Gómez Fierro declared that Mexican President Andrés Manuel López Obrador’s (AMLO) controversial reform to Mexico’s Electricity Industry Law (LIE) is unconstitutional and therefore should not proceed, calling it expensive and dirty in the process. Gómez Fierro previously froze the reform in March for further review on its constitutionality, much
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By KELIN DILLON Mexican President Andrés Manuel López Obrador (AMLO) asked the country’s Supreme Court of Justice (SCJN), Mexico’s highest judicial body, to reverse the appeal-based suspensions to his contentious electricity reform on Tuesday, April 27. López Obrador recently and controversially extended the term of the SCJN’s president Arturo Zalvídar by two years, opening the door for AMLO to potentially
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