Five years after the energy reform, regulatory compliance remains a principal issue and challenge for industry and government alike. Upstream operators have been facing a considerable burden of compliance costs given the complexities of the Mexican regulatory framework. Also important to understand is the backdrop created by Mexico’s political transition which includes the possibility that CNH and CRE will be placed under the authority of SENER and other new challenges that will increase the industry’s compliance risk profile.
The consequences of these sources of regulatory risks may vary from
delay in permits and authorizations,
non-compliance of contractual obligations,
contractual penalties including no access to additional exploratory periods and potentially unfavorable public relations issues and media coverage.
Join us for a webinar presentation with Marco Cota, CEO of Talanza Energy, a firm dedicated to the study and analysis of energy policies and regulatory compliance in Mexico. He will share his perspectives on the main risks related to regulatory compliance for upstream operators and the current backdrop for the sector in Mexico.
The webinar will be held on Thursday, November 15 at 10:00 am San Diego (12:00 pm Mexico City time). Mr. Cota’s formal presentation will be followed by a live Q&A session with the audience.
Por muchos años, Centroamérica ha buscado la forma de alcanzar la seguridad energética de diferentes maneras. Los países han considerado una amplia gama de alternativas para reducir la importación de petróleo, como han sido la incursión del gas natural y una mayor penetración de energías renovables más allá de la hidroelectricidad. Mesa Redonda sobre la Transición Energética en Centroamérica
The program’s objectives are to support participants to expand their knowledge and skills in the renewable energy sector (i.e. technology, markets, policies, economic and social dimensions); to further their understanding of the energy-women nexus & the possible link to energy poverty; and to expand their professional network to other regions of the world.
The aforementioned program initially hosted a group of 50 female executives, government officials, and academia in their mid-career in the field from APEC’s 21 economies.
Jacqueline and a group of fifteen fellow participants have been nominated to attend the one-week face-to face training in APEC HQ in Singapore to take place in late Oct. early November. The training will bring policy, gender and business experts to widen participants learning of social, gender and environmental co-benefits of renewable energy developments. It will take place during Singapore International Energy Week (SIEW).
Mexico’s Electric Sector Renewable Energy Deployment
For years leading up to the 2013/2014 structural reforms, Mexico’s electric sector faced major challenges ranging from high generation costs, a lack of investment on transmission and distribution lines and networks and limited renewable energy deployment. The challenges had important impacts on the sustainability of the nation’s power sector and Mexico’s economic competitiveness more broadly.
A significant element of the reforms was the transformation of national energy firms Pemex and CFE to state-productive companies. Additionally, the reforms threw off many of the restraints on private and international investment and, historically, established a new electric market where generation and commercialization of electricity is open to competition.
As part of the new electric market and transformation of CFE, the Ministry of Energy (SENER) published the “terms for the Strict Legal Separation of the Federal Electricity Commission” or TESLS for its acronym in Spanish. The TESLS institutes the new company’s structure, approved by the Board of CFE that prescribes the company to be divided vertically and horizontally in state productive or affiliates. In the new market structure, CFE remains as the primary retail supplier of electricity. However, as part of the reforms the company is undergoing a major overhaul and transformation into a holding company with separate generation, transmission, distribution, supply and marketing subsidiaries that operate semi-independently.
Webinar presentation with Jorge Araujo, CFE’s Director of Financed Investment Projects. He will share insights on CFE’s restructuring and transformation, and where the implementation stands today in the context of Mexico’s energy reform and electric market.
The webinar will be held Friday, July 27 at 10:00am San Diego (12:00 pm Mexico City time; GMT/UTC – 8 hours). Araujo’s formal presentation will be followed by a live Q&A session with the audience.
#Energy #Cooperation We welcome & recognize the XXVIII La Jolla #EnergyConference ⚡ as a key event to facilitate dialogue on some of the most important energy and sustainability issues in the region 🇲🇽 🇺🇸 Congrats! @iamericas @IOA_Energy @TheodoreGildred
Agradezco a @jermartinioa del @iamericas la oportunidad de compartir con los participantes del seminario Geopolitics of Energy mis perspectivas sobre el sector energético mexicano como Non-Resident Fellow del @IOA_Energy
This year, our “Geopolitics of #Energy Workshop” previous to the XXVIII La Jolla Conference. https://t.co/ww0wcFRfMU is hosting participants from #Argentina #Brazil #Colombia #Guyana #Mexico and the #US