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Institute of the Americas
10111 N. Torrey Pines Rd., La Jolla, CA, 92037
In 2013, the Government of Mexico began a series of constitutional reforms aimed at unleashing the nation’s energy sector and boosting economic growth and competitiveness. A key element along the energy reform path was the Energy Transition Law, approved by the Mexican Congress in December 2015. The Law set forth revised regulations for the sustainable use of energy and established clean energy and emissions reductions goals, including a target of 25% of energy from clean energy sources by 2018, 30% by 2021 and 35% by 2024. As part of the energy transition, Mexico introduced a new annual tender structure in 2016. To date, two auctions have been carried out with commitments totaling over 5,000MW and an estimated investment of $6.6 Billion. The third long term auction was launched in April 2017 and results are expected to be announced in November. Meanwhile, a redoubled effort to reduce costs and increase competitivity at state firm CFE continues apace but the need to attend to questions as to the new role and objectives for each of the company’s unbundled segments remains critical. How the government and new investors manage and navigate sustainability issues across all segments of Mexico’s energy sector is similarly crucial.
Join us for a webinar discussion and analysis of the progress to date in Mexico in meeting its clean energy commitments, the keys to consolidating the reforms, and outlook for the successful development of the clean energy projects on tap in Mexico with Marcelino Madrigal, Commissioner of the Energy Regulatory Commission (CRE) in Mexico
The webinar will be held on Thursday, August 24 at 9:00 am San Diego (11 am Mexico City time) Madrigal’s formal presentation will be followed by a Q&A session with the audience
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