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Project Insights

Mexico’s new power plan to burden CFE with debt

The government’s proposed system for financing the expansion of generation infrastructure will not guarantee the most cost-efficient outcome The government’s proposed system for financing the expansion of generation infrastructure will not guarantee the most cost-efficient outcome.
By Elena Mataro 20 June 2019 Americas / Policy & Regulation 0 34321
Mexican Energy Minister Rocio Nahle. (SENER)

The key issue: Mexican state power utility the CFE plans to expand its installed capacity by 6.3 GW by the end of 2020, mainly through gas-fired plants that are under development. It also aims to add a further 6.4 GW of capacity by 2023, 3.8 GW of which will be gas-fired, according to the 2019-2023 development plan published by the Energy Ministry on 31 May.

Interfax analysis: Mexico’s latest the National Electricity System Development Programme, which the government is required to update...