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Following a fast-track approval by the Senate, a series of important amendments to Mexico’s Electricity Industry Law (
Ley de la Industria Eléctrica,
“LIE”) are awaiting their imminent publication in the Federal Register (
Diario Oficial de la Federación) (the
“Amendments”). The Amendments originated from a bill submitted by President López Obrador, approved by the House of Representatives and the Senate with almost no changes.
Main Aspects of the Amendments
As anticipated in our previous newsletters, the Amendments look at implementing a strengthening of Comisión Federal de Electricidad (
https://www.afinalwarning.com/497521.html (Natural News) The U.S. was battered by a winter storm over the weekend, affecting different states in the country. Texas was among the areas impacted by the winter storm with deep snow and power outages. But the snowstorm is just the tip of the iceberg for some Texans, as a number of them are being faced with exorbitant amounts on their electric bills.
Forty-three-year-old Akilah Scott-Amos received a message from wholesale electricity provider Griddy informing her to switch services because “prices are about to explode.” The organic skincare and apothecary shop owner was initially confused with the message, but she nevertheless began looking for other providers. Her current provider Griddy sells wholesale power for a monthly membership fee.
The surge in pricing is hitting people who have chosen to pay wholesale prices for their power, which is typically cheaper than paying fixed rates during good weather, but can spike when there’s high demand for electricity.
Russia’s largest wind farm, the 210MW Kochubeyevskaya, has begun supplying the wholesale power market.
In December 2020, Russia-based developer Rosatom commissioned the wind farm ahead of the facility supplying electricity and power to the Wholesale Electricity and Power Market.
Kochubeyevskaya is the second completed project by NovaWind JSC, Rosatom’s division responsible for wind energy projects.
Kochubeyevskaya, in the Stavropol Krai region, consists of 84 wind turbine generators.
Local content of facility equipment, as confirmed by the Ministry of Industry and Trade of the Russian Federation, amounts to 65%.
NovaWind CEO Alexander Korchagin said: “Successful experience in wind farm construction and operation, plans to establish serial production of wind turbine components and assembly units in the Russian Federation, and an effective supply chain, in particular with the involvement of the State Corporation enterprises, enabled us to complete the Kochubeyevskaya wind f