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Mexico

Mexico

Mexico announces 6.5GW wind for 2018

MEXICO: Mexico's federal government has revealed a plan to attract around $14 billion of investment in 6.5GW of new wind development to 2018, tripling the country's 2.6GW current capacity.

Mexico is set to triple its wind capacity
Mexico is set to triple its wind capacity

Energy minister Pedro Joaquín Coldwell presented the "investments in wind energy in Mexico" plan — as yet unpublished — before the Mexican Wind Energy Association, AMDEE and other energy sector players on Monday.

As a kick-start, state utility CFE will develop eight projects totalling around 2.3GW, confirmed CFE director general Enrique Ochoa.

A further 700MW, from other developers, are already under construction, according to AMDEE, which tallies around 1GW of new capacity year-end 2014.

The plan fleshes out the electricity reform law of December 2013, enforcing the liberalisation of all energy sectors and ending CFE's 75-year power generation and trading monopoly.

That process involves ongoing work to create a wholesale electricity market, confirmed Coldwell.

Liberalisation will spur a wave of smaller developing outfits, AMDEE research coordinator Mauricio Velasco told Winpower Monthly.

The plan also outlines obligatory and thorough public consultancy procedures to offset the mounting blockading of wind projects by indigenous communities.

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