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Sky the limit for Mexico wind

No ceilings for investors under nation's energy reform, says president

Sky the limit for Mexico wind image

The President of Mexico has said no limit will be set for private renewables investors wanting to do business in the country under its energy reform.

In a statement read to delegates at the Mexico WindPower 2014 conference by energy secretary Pedro Joaquín Coldwell, Enrique Peña Nieto (pictured) hailed the sector as offering a way to counter “the current negative impact on the environment”.

He added: “The use of renewable energy is there to help us solidify the path which will rekindle humankind with nature.”

Coldwell stressed that under Mexico’s energy reform the role of the independent system operator will be “key to ensuring a sound implementation as a facilitator of supply and demand”.

The new legislation, passed in December 2013, ends a 75-year oil, gas and electricity monopoly and is set to make 2014 a year of change for the wind industry.

The reform will enable greater involvement of the private sector and allow a higher level of flexibility in bilateral cooperation between private entities.

A target of 35% clean energy has been set for all the players in the power sector and will help establish a renewables roadmap. Exactly how this can be achieved will depend on secondary regulation aimed to be passed shortly.

“The Mexican government has set clear targets for the sector, challenging the industry to install 2GW per year for the next decade. We accept the challenge and with any luck Mexico will be one of the major wind markets globally going forward,” said Global Wind Energy Council secretary general Steve Sawyer.

The Mexican Wind Energy Association, AMDEE, has set a target of 12GW of wind power by 2022.

Image: Wikimedia Commons

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