New Energy Reform to open up market
Mexico City, 28 February 2014 – Mexico WindPower 2014 wrapped up last night on a high note, with delegates anticipating a booming wind market in Mexico as a result of the new Energy reform bill passed last December. The new legislation marks the beginning of the end of Mexico’s 75 year-old oil, gas and electricity monopoly, establishes an electricity market, and will give wind power the opportunity to compete.
The conference was opened by Mexican Secretary of energy Pedro Joaquín Coldwell, representing President Enrique Peña Nieto. Secretary Coldwell conveyed the President’s message that no limit will be set for private investors wanting to do business in Mexico, and that the role of the new Independent System Operator (CENACE) will be key to ensuring fair access to the grid, as well as a functioning market. The Secretary also emphasized the key role of renewable energy in building a sustainable future for all Mexicans, reconfirming the target of 35% of electricity from renewable energy by 2024.
“The Mexican government has effectively challenged the wind industry to install ~2 gigawatts per year for the next decade. We accept the challenge, and with any luck Mexico will be one of the major wind markets globally going forward”, said Steve Sawyer, Secretary General of Global Wind Energy Council.
AMDEE (The Mexican Wind Energy Association, AMDEE) has set a target of 12,000 megawatts of wind power by 2022, an increase of 10,000 megawatts from today; creating 11,000 jobs and attracting MXN 30 billion of investment.
“The Energy Reform, passed in December last year, is by far the most important change in the electricity sector after the nationalization of the electricity industry in 1960. It also constitutes long lasting reform, as its effects go beyond the administration of President Peña Nieto, making clear the firm intention of promoting the modernization of the sector and the competitiveness of the domestic industry in an increasingly complex global environment.” said José Adrián Escofet Cedeño, President of AMDEE.
As a reflection of the market going forward, the exhibition attracted the highest number of booths to date tended by the market’s key players such as Siemens, Vestas, GE, Acciona, Alstom, DPH, EY, ESEASA, Pochteca, over 1,500m2 of net exhibition space. The US showed a strong presence with a US pavilion dedicated to eight major US companies that have expressed their desire to invest in the wind industry in Mexico. At the time of the opening, the exhibition sported 2855 pre-registrations from 32 different countries.
Mexico WindPower, an annual event jointly organised by AMDEE, GWEC and EJK is the third in the series. Mexico WindPower is the main wind energy forum in Mexico, organized and sponsored by the industry for the industry.
For more information contact:
Hector Treviño, AMDEE, [email protected]
Lauha Fried, GWEC, [email protected]
Arturo Morales, EJ Krause, [email protected]
NOTES TO THE EDITOR
The AMDEE is a non-governmental non-profit association dedicated to promoting the use of wind power in Mexico. AMDEE represents the main key players of the wind industry in Mexico, likewise cooperates with the Mexican government to promote policies and regulations necessary for a sustainable development of wind energy in Mexico. For more information: www.amdee.org
Wind Energy in Mexico:
By the end of last year, Mexico’s installed capacity in wind projects reached almost 2,000 MW, with wind factor above 40% in many cases. The Isthmus of Tehuantepec region in Oaxaca contributes with 89% of the installed capacity with projects related to the first Transmission Open Season (OS-I). In 2014, 700 MW of additional capacity are under construction, of which 78% are also located in the Isthmus de Tehuantepec region, finalizing the OS-I.
The construction of the new wind projects in Oaxaca and Baja California will provide additional 714 MW. Current development projects outside the Open Seasons in Oaxaca, Coahuila, Sonora and Yucatan could incorporate around 3,470 MW, totaling 6,101 MW (51% of the target).
The Global Wind Energy Council (GWEC) is a global trade association representing the wind industry at international institutions and opening new markets for the sector worldwide. GWEC works at the highest international political level to create a better policy environment for wind power. GWEC and its members are active all over the world, advising local and national governments and international agencies about the benefits of wind power. GWEC’s mission is to ensure that wind power establishes itself as the answer to today's energy challenges, providing substantial environmental and economic benefits. For more information: www.gwec.net
About EJKrause & Associates
For more than 25 years, E.J. Krause & Associates, Inc. (EJK) has been a worldwide leader in exhibition and conference management. EJK is one of the largest privately held exhibition management companies in the world, with offices on four continents. EJK produces a growing portfolio of over 40 events, serving 14 different industries. We excel in creating global brand leading events, bringing companies together to network and generate business. For more information: www.ejkrause.com