Thursday, June 30 2022 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Jun 27
Week of Jun 20
Week of Jun 13
Week of Jun 06
Week of May 30
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Demand for CRE efficiencies to mitigate inflation

    May 20, 2022 - CE Noticias Financieras


      MEXICO CITY - In order to control inflation, industries must have access to more competitive energy, but for this it is essential to have efficient regulatory bodies that allow the development of the sector, analysts said.

      Carlos Aurelio Hernández, vice-president of Coparmex Metropolitano, explained that a dynamic electricity sector helps to have better prices in energy, products and services.

      "The dynamism that the CRE has is the antidote against inflation... to the extent that we continue to have a Regulatory Commission that does not keep pace with the electricity market, we will continue to have companies that are going to increase their costs for a year, in the middle of a world inflationary crisis," he said.

      "How do they want companies to have incentives to mitigate inflation and not raise prices if they are raising costs on me?"

      He added that the CRE and Cenace have closed everything related to generation permits and interconnections to the grid.

      "The Administration's greatest enemy is reality, and this will reach the electric system, which is that we will run out of light, without transformation capacity, without the entry of new energy, because inefficient plants have to enter with more risk of blackouts, more risk of failure," he said.

      "In qualified supply, contracts are being connected and it is advancing because this also helps to take burden and risk away from CFE, but there is a lack of a regulator that comes at the same pace."

      The wholesale electricity market allows qualified users (who demand more than one megawatt) to have options to cover their consumption with private parties and have savings of between 10 and 20 percent over CFE rates.


    Other Articles - Generation


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.