On January 29, 2021, the President of Mexico sent to the Chamber of Deputies of the Congress proposed amendments to the Electricity Industry Law, namely, an "Initiative with a Draft.
US business chamber slams Mexico electrical power law
FILE - In this Feb. 22, 2020 file photo, a newly built power generation plant that is part of a mega-energy project including a natural gas pipeline traversing three states is seen with the Popocatepetl Volcano in the background near Huexca, Morelos state, Mexico. Mexico vowed on Feb. 4, 2021, to continue with attempts to limit private power generation after the Supreme Court ruled against President Andrés Manuel López Obradorâs attempt to block permits for renewable power plants and give priority to older, more polluting, state-owned power plants. (AP Photo/Eduardo Verdugo, File)
MEXICO CITY The U.S. Chamber of Commerce said Friday that Mexico’s attempts to limit private electricity generation would violate the U.S.-Mexico-Canada trade agreement, known as the USMCA. The business group urged the withdrawal of a bill by Mexican President Andrés Manuel López Obrador to give priority in electricity purchases to older, more polluting, state-owned […]
MEXICO CITY (AP) Mexico vowed Thursday to continue with attempts to limit private power generation after the Supreme Court ruled against President Andrés Manuel López Obrador’s attempt to block permits for renewable power plants.Interior Secretary Olga Sánchez Cordero said the court ruling applied only to a 2020 executive order, and said the administration would wage a new court battle over another bill the president sent to Congress this month.The new bill would give priority in electricity purchases to older, more polluting, state-owned power plants. It is the latest chapter in a battle over private and renewable energy plants that were encouraged by López Obrador’s predecessors.