Mexico has taken a bold step toward strengthening its renewable energy sector. According to statements by Jorge Islas, Undersecretary of Energy Planning and Transition, renewable energy companies in the country will be required to install storage batteries equivalent to 30% of their plant capacity. This measure, part of the new grid code, aims to ensure the stability of the electrical system, especially during fluctuations in solar and wind energy generation.
“These batteries, with a minimum storage capacity of three hours of discharge, will play a crucial role in maintaining continuity of power supply,” explained Islas during an energy forum at the Senate. “For example, at sunset, when photovoltaic generation decreases, these batteries will ensure system stability.”
Toward a Greener Mexico: Ambitious Goals for 2030
The Mexican government has outlined an ambitious roadmap for the expansion of clean energy. Of the 21.8 GW of new generation capacity planned for 2030, 80% will come from renewable sources. This will raise the share of clean energy in the country from the current 22% to 38% by 2030.
“We are committed to a sustainable energy future,” Islas told the Senate. “And the private sector is a key ally in this transition.”
Public-Private Partnership: A New Model for Collaboration
Recent energy reforms open up a range of opportunities for private sector participation in the Mexican electricity market. One of the most attractive options is the possibility for private companies to sell 100% of the energy they generate to the Federal Electricity Commission (CFE), eliminating the risks associated with market volatility.
In addition, a joint venture model has been proposed, allowing private companies to hold up to a 46% stake in generation projects with CFE. “This collaboration will facilitate relationships with communities and improve communication with the National Energy Control Center (Cenace),” Islas noted.
Wholesale Market: A Space for Competition
Investors will also have the option to install their own generation plants and sell energy directly on the wholesale market or to private companies. “This scheme encourages competition and innovation in the sector,” said Islas.
A Promising Energy Future
With these new regulations and investment opportunities, Mexico is positioning itself as a leader in the transition toward a sustainable energy future. Collaboration between the public and private sectors, along with the deployment of storage technologies, will be key to achieving the country’s ambitious renewable energy goals.
Source: BNAmericas.com
