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 KELIN DILLON Mexico’s National Action Party (PAN) and Party of the Democratic Revolution (PRD), which, along with the Institutional Revolutionary Party (PRI) make up the Va Por México coalition, called out the PRI for not presenting further roadblocks to President Andrés Manuel López Obrador’s (AMLO) electric reform alongside them in a private meeting held on Monday, Oct. 4. The
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By KELIN DILLON In the first of a set of constitutional reforms proposed by Mexican President Andrés Manuel López Obrador (AMLO), Mexico’s upcoming electricity reform will see the state-owned Federal Electricity Commission (CFE) collaborate with the country’s private sector on power plants, though the CFE will ultimately own the majority of projects. Within the proposal, the private sector is encouraged
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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 Questions have arisen surrounding the capability of Mexico’s state-owned Federal Electricity Commission (CFE) to pay for a proposed six new projects for its infrastructure. The company’s new investment plan would require 62 billion pesos in funding, which would generate an estimated 4,438 megawatts of energy in turn. Now, companies looking to potentially join in on the projects
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By KELIN DILLON Mexico’s state-owned Federal Electricity Commission (CFE) is currently facing arbitration from the U.S.-based company Whitewater Midstream for a non-payment of gas acquired during February’s pipeline freeze and subsequent gas shortage in Texas. Estimates say that the CFE could owe as much as $100 million to Whitewater Midstream, which is one of the main suppliers of natural gas
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By THE PULSE NEWS MEXICO STAFF Mexico’s Second Collegiate Court Specializing in Economic Competition, Broadcasting and Telecommunications voted unanimously on Thursday, July 1, to revoke a definitive suspension that had been granted to halt the implementation of President Andrés Manuel López Obrador’s controversial electricity reform bill. The collegiate court, composed of three magistrates, agreed to revoke the suspension because they
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By KELIN DILLON Mexico’s state-owned Federal Electricity Commission (CFE), widely touted by President Andrés Manuel López Obrador (AMLO) as his solution to lower energy prices for the average Mexican, has in fact reportedly increased its costs by 20 percent from January to April of this year. The CFE’s use of expensive, nonrenewable fuels is apparently driving its prices up, as
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By ANTONIO GARZA, former U.S. ambassador to Mexico
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By KELIN DILLON Following controversial changes in Mexico’s electrical law, rammed through Congress on orders from President Andrés Manuel López Obrador (AMLO), the government-owned Federal Electricity Commission (CFE) will reportedly use plants up to 41 years old, with no plans to replace them. The newly passed law changes the order in which each kind of generated energy is uploaded to
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