Friday, March 12, 2021
I. Introduction
The Mexican President’s preferential Bill to Reform the Electricity Industry Law has passed both Houses of the Mexican Congress without changes and is now applicable law (the
Reformed Electricity Law or
the Law).
As we know, a major change introduced by the Reformed Electricity Law is the modification of the dispatch rules in Mexico’s National Electric System. The Law will favor power plants owned by the Federal Electricity Commission (
CFE or
Comisión Federal de Electricidad). The hydro-power plants will be dispatched firstly into the power grid, then the nuclear, geothermal, combined cycle and thermoelectric power plants, all of them owned by CFE. In third place, the solar and wind power stations owned by private entities and, at the end, the combined cycle power stations owned by private entities.