Mexico races to liberalise energy market before deadline

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Wind Power Monthly

MEXICO: Mexico’s pro-renewables government has until the end of April to hammer out all the reform regulations aimed at liberalising the energy market.

The pressing deadline was among the many challenges cited by government officials and local sector parties yesterday on the second and final day of Mexico WindPower 2014.At the same time, Mexico has plans to develop more than 10GW by 2022. “Attention now centres on parliament,” said Ramón Fiestas, chair of the Global Wind Energy Council’s (GWEC) Latin American section.

MPs will vote on the wide range of specific government regulations fleshing out December 2013’s liberalisation reform, ending a 75-year state monopoly on oil, gas and electricity.

In order to do that, new independent bodies such as a transmission system ooperator, regulator and electricity market operator must be set up with “strong legal integrity, management and technical autonomy and economic self sufficiency”, said energy minister Pedro Joaquin Coldwell.