Vestas is the leader in the wind industry worldwide. Vestas’ added value for our clients, as well as the government, is our comprehensive view of the sector. We understand the business from end to end, starting with the development of a wind farm project all the way to plant generation and power consumption. These projects are not just about energy generation but also about generating returns for investors. This capacity of adapting to new markets, understanding the new rules of the game and being able to move all the drivers of a project — CAPEX, OPEX, technology and capital costs — creates a competitive edge in project optimization considering all the elements that we provide. Understanding the Mexican context is fundamental. Without the whole picture of the country’s interconnection or grid management needs, we cannot help clients
The future looks promising for wind energy. Some players in the industry were concerned after the first power auction’s results because the largest share of megawatthours and CELs were awarded to solar energy projects, but we expected wind to play a more important role in the second power auction and that happened. The Mexican government has made a strong commitment regarding clean energy in the Energy Transition Law, stating that 35 percent of the country’s power must be produced from clean energies by 2024, and we expect wind to represent between 40-50 percent of that goal. With the competitive prices we are seeing per megawatt-hour of wind energy, we hope to reach 12GW of capacity installed by 2020. There are already 4GW installed and several large projects in the pipeline and the strong technical attributes of wind energy will be increasingly acknowledged.