“The Mexican Congress now has a more balanced representation, which is an excellent opportunity for negotiation and to have a moderated agenda,” Casiopea
Participants in Mexico’s natural gas and energy markets expressed their optimism for the future in the days following the midterm elections last Sunday
Electricity law could represent another blow for foreign investment: analysts Nobody is going to want to invest while there s no solid and firm guarantee of the rule of law
Published on Tuesday, February 23, 2021
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A proposed law that would overhaul Mexico’s electricity market to favor the state-owned Federal Electricity Commission (CFE) will scare off foreign and domestic investment, according to analysts who spoke to the newspaper
El Financiero.
A reform to the Electricity Industry Law was to be put to a vote in the lower house of Congress on Tuesday.
The bill, which would prioritize the injection of CFE-generated power to the national grid over that generated by private companies, is expected to be approved by Congress because the ruling Morena party leads a coalition with majorities in both houses.