Recently, the Second Chamber of the Mexican Supreme Court overruled the
Policy for the Reliability, Safety, Continuity and Quality of the National Electric System (the Policy ), because such Policy included unconstitutional provisions that would adversely affect competition in the electricity market. The Amendment emulates several provisions of such Policy, which is one of the reasons why it is seen as another blow to the power industry.
As mentioned in our previous analysis, one of the most relevant features of the Amendment is the modification of the dispatch order, disregarding economic efficiency mechanics, giving preference to the Federal Electricity Commission (
Comisión Federal de Electricidad CFE ) over other generation plants, which will result in more expensive and dirty energy.
Witness testified in US court that Tamaulipas governor had ties to Gulf Cartel Federal government document also reveals undeclared income, assets in US
Published on Thursday, February 25, 2021
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Tamaulipas Governor Francisco García Cabeza de Vaca, accused by federal authorities of ties to organized crime, illicit enrichment and tax fraud, has links to the Gulf Cartel dating back to 2004, according to testimony included in an application to Congress to strip the governor of his legal immunity.
Obtained by the newspaper
Milenio, the 90-page application submitted to Congress by the federal Attorney General’s Office (FGR) includes testimony from Antonio Peña Argüelles, a businessman who confessed to being a money launderer for former Tamaulipas governor Tomás Yarrington, currently imprisoned in the United States awaiting trial on drug trafficking and laundering charges.
Details of December s massive power outage to be kept secret for 2 years mexiconewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mexiconewsdaily.com Daily Mail and Mail on Sunday newspapers.
Mexican government called on to reboot energy transition
Mexico’s President Andrés Manuel López Obrador. Image: The White House/Wikimedia Commons
The Global Wind Energy Council (GWEC) and Global Solar Council (GSC) have called on Mexican lawmakers to prevent changes to the country’s Electricity Act, Ley de la Industria Electrica (LIE), which pose what they call “an unequivocal threat” to private investment in clean energy.
The groups issued a joint statement this week, responding to controversial reforms that Mexico’s lower house of Congress approved on Wednesday (24 February). Currently, the Federal Electricity Commission (CFE) has to buy renewable energy through auctions, but if the reforms are passed through the upper house, this would no longer be required.
RTL Today - Mexico lawmakers advance controversial energy reforms today.rtl.lu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from today.rtl.lu Daily Mail and Mail on Sunday newspapers.