As more people consume more electricity, we want to make sure the quality of energy they are consuming is improving. Renewable energy is not only cleaner than conventional generation but also cheaper. The issue is the concentration or distribution of power generation in certain regions which requires new grid interconnections and improved grid stability. It will be critical to ensure electricity can move from one region to another. Solar energy’s ability to scale up or scale down is a huge benefit, given that basically every region in Mexico can install solar panels in a cost-effective way. We hope for a trickle-down effect in distributed generation, enabling easy access to this technology across socioeconomic spectrums
The short-term auctions are among the big puzzles for next year. The Ministry of Energy already published the capacity market manual, a milestone for the industry, and the next one on our list is the manual for establishing three-year contracts for capacity and electricity, known as short-term auctions. CFE’s subsidiaries are still in the process of putting their structures together but next year they will play an important role in the market. For us, 2016 was a transition year but 2017 will be the actual period where the market is up and running, boosting real competition. We can say without a doubt that next year will be the most interesting period for the Energy Reform. We also expect consultancies and law firms to step up their game, which would make the reform’s implementation more dynamic and faster and would spice up competition.