Sheinbaum Pledges 60 CFE Combined Cycle Plants

President Claudia Sheinbaum has committed to building 60 combined cycle power plants through CFE during her six-year term, aiming to generate 26,000MW. She made the announcement during the inauguration of a new combined cycle plant in Villa de Reyes, San Luis Potosi. 

Sheinbaum stated that the nation's energy development primarily rests with CFE, asserting that the company is being "renationalized" and regaining its essence as a public enterprise. She acknowledged CFE workers, crediting them with preventing the company's privatization, which she attributed to past neoliberal governments. The president emphasized that energy-related constitutional reforms approved this year have restored CFE and PEMEX as public enterprises belonging to the people of Mexico. 

The new combined cycle plant in Villa de Reyes represents a public investment of US$350 million. It is expected to provide electricity to over 2,400 homes sustainably, reducing pollutant emissions by 53% and saving 40% of water in its operation. 

Luz Elena González Escobar, Energy Minister, highlighted that the plant contributes to a presidential commitment to ensure accessible and fairly priced electricity for all. She noted a goal of achieving 100% electricity coverage in Mexican homes during this administration. Emilia Esther Calleja, Director General, CFE, added that the plant's construction created over 1,200 jobs and is projected to produce approximately 3,500MWh annually. Calleja also referenced a planned investment of US$12.331 billion for the 2024-2030 period to increase electricity generation capacity across Mexico.