Mexico’s big green chill
Although Mexico is a country bathed in sunshine, the administration of President Andrés Manuel López Obrador and his Morena Party have unequivocally pivoted from the pro-renewables, private investment-friendly policies of their predecessors in the space of just two and a half years. As a result, renewable energy investment has frozen, particularly for projects that involve private capital, argues attorney and project developer Patrick C. Jordan.
The Mexican government has charted a new course in favor of the state-owned oil and gas authority, Petróleos Mexicanos (PEMEX). This means a ramping up of gas output and prioritizing grid access and energy dispatch of the fossil fuel plants of the state utility, the Federal Electricity Commission (CFE). While these initiatives should come …
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