US Freeze of LNG Exports' Impact on Mexico's Energy Landscape
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US Freeze of LNG Exports' Impact on Mexico's Energy Landscape

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By MBN Staff | MBN staff - Thu, 02/01/2024 - 09:00

Various civil society organizations in Mexico have responded to Biden's environmental move, urging the Mexican government to cancel Liquefied Natural Gas (LNG) projects for their perceived ecological impact. Moreover, SENER's announcement of an updated Transition Strategy in the Official Gazette underscores Mexico's commitment to cleaner technologies and fuels, focusing on energy efficiency and reducing reliance on fossil fuels in response to climate change.

 

Here is your weekly roundup! 

 

US LNG Project Halt’s Impact on Mexico

The Biden administration has announced a freeze on approvals for new LNG exports to non-Free Trade Agreement (FTA) countries “until the Department of Energy can update the underlying analyses for authorizations.” This decision marks a significant departure from the United States’ traditional stance, signaling a reassessment of the climate and health impacts associated with oil and gas ventures.

 

Greenpeace, Organizations Urge Mexico to Cancel LNG Projects

In response to President Joe Biden's decision to halt approvals for new LNG export terminal projects in the United States due to their environmental impact, various civil society organizations in Mexico are urging the Mexican government to do the same.

 

CRE Updates General Administrative Provisions for Interconnection

CRE updated its General Administrative Provisions (DACG) outlining the contributions required from applicants seeking interconnection of power plants or connection of load centers. These provisions focus on the execution of works related to electrical networks, specifically those not covered in existing expansion and modernization programs.

 

H2V2 Mexico Accelerates Green Hydrogen Leadership

H2V2 Mexico recently launched FH2 Mexico, a local venture aimed at leveraging global technologies for green hydrogen production, positioning Mexico as a key player in this transformative era. Antonio Caballero, President, H2V2 Mexico, underscores the critical importance of green hydrogen in Mexico's evolving landscape. He emphasizes FH2's dedication to bolstering the country's prominence in green hydrogen projects, contributing to economic development, and enhancing energy security.

 

Storage Systems, Sustainable Practices in Mexico’s Energy Future

According to the Inter-American Development Bank (IDB), the deployment of Storage Systems (SAE) holds the key to accelerating the transition toward cleaner energy sources in Latin America and the Caribbean. These systems address the intermittent nature of solar and wind energy, providing a means to store electricity and ensuring a consistent power supply.

 

Uncertainty Looms Over AMLO’s Energy Self-Sufficiency Goal

As President Andrés Manuel López Obrador's term ends, his plan to achieve energy self-sufficiency in fuel production faces mounting uncertainty. López Obrador estimates a shortfall of 100Mb/d to 200Mb/d in fuel production, casting doubt on the fulfillment of his pledge to end fuel imports by the end of his tenure. This follows an announcement from earlier this month when the government projected a gasoline deficit of only 62Mb/d by September 2024.

 

SENER Published Updated Transition Strategy

SENER announced a development in Mexico's commitment to sustainable energy. Published in the Official Gazette (DOF), the updated Transition Strategy outlines the nation's path toward cleaner technologies and fuels. With a focus on promoting energy efficiency and reducing reliance on fossil fuels, this strategy plays a pivotal role in Mexico's response to climate change.

Photo by:   pixabay

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