Mexican electricity reform (Energy In America)
Will it raise trade tensions with the U.S. The host for this episode is Jay Fidell. The guest for this episode is Emily Medina.
Emily Medina, a researcher with EPRINC in Mexico, will help us understand the Mexican Electricity Reform that has just been announced and how it will affect producers and consumers in Mexico and invesstors and trade partners in the U.S. Mexico has proposed a sweeping overhaul of its electricity market to favour its state-owned utility, in a move that would deal a blow to the use of renewable energy in the country and raise trade tensions with the US and Canada.
A fast-track bill introduced in Congress would change the order in which electricity is dispatched into the national grid, sending private investors to the back of the queue behind power from CFE, the state utility. Renewables producers, currently dispatched first because they are the cheapest, would lose that premier place.
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