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Weekly Roundups

CFE Relies on Fuel Oil For Power Production

By María José Goytia | Wed, 05/25/2022 - 18:43

According to its annual report sent to the Senate, CFE drastically increased its use of fuel oil for power production. Meanwhile, a district court denied Iberdrola an amparo to protect its plant in Nuevo León. Furthermore, CFE explores geothermal generation in Puebla.

Ready for more? Here is the Week in Energy!

 

CFE Increases Use of Fuel Oil for Power Production

CFE increased the use of fuel oil for electricity generation by 34.7 percent in 2021. The oil residue is greatly polluting due to its high sulfur content. CFE generated around 45.22TWh of electricity through fuel oil, equivalent to 13.8 percent of its total power production. The figure shows a drastic increase compared to the 33.56TWh produced in 2020, equivalent to 5.6 percent of the state-owned company's electricity generation for that year.

 

Iberdrola Loses Amparo Case Against CRE

Iberdrola suffered a new setback in a Mexican court. The Spanish company was denied an injunction to maintain the generation permit for its power plant in Nuevo Leon, losing the battle against the energy regulator, CRE. On Monday, May 23, a district judge, dismissed Iberdrola's request for an amparo filed on May 18 against the federal government's provisions for granting electricity generation permits.

 

New Exploratory Well Promotes Geothermal Activity in Puebla

With the purpose of building an exploratory well to provide some insight regarding the geothermal resources of the region and their potential use for energy generation, CFE recently conducted an analysis of environmental impact in Chignahuapan, Puebla. The total required investment required to build the new power plant reportedly stands at US$3.3 million.

 

Spain Maintains Interest in Mexico's Energy Sector

Despite the constant regulatory changes implemented by the government, Spain maintains its interest in Mexico as an attractive energy sector destination. Jaime de la Figuera, Director of international expansion, IFEMA said the institution aims to foster a collaborative energy development approach between Spain and Mexico through the exchange of information and solutions. The first Mexican edition of Genera, a 25-year-old Spanish trade fair specializing in energy, environment and the energy transition, would be a key part of these efforts.

 

Iberdrola Brings Electricity to Vulnerable Communities in Oaxaca

Vulnerable communities in Oaxaca gained access to electricity thanks to the Lights of Hope program carried out by Iberdrola and Iluméxico. Through the installation of photovoltaic (PV) solar panels, the program fights energy poverty in communities that cannot be interconnected to the national grid due to their remoteness. The initiative started in 2019 in the Huasteca region of San Luis Potosi. Due to its success, the second round of distributed generation (DG) installation was designed to improve access to energy in Oaxacan municipalities.

 

New Alliance Boosts Solar Distributed Generation

On April 29 2022, the National Institute of Social Economy (INAES) presented a nine-year roadmap to develop cooperative community-based business models to produce sustainable power, hoping to spread DG’s benefits to Mexico’s many communities.

 

The data used in this article was sourced from:  
Reforma, Bloomberg, Mexico Business News
Photo by:   Pixabay
María José Goytia María José Goytia Journalist and Industry Analyst