Mexico’s state power company Comisión Federal de Electricidad (CFE) is aiming to bring online 1.5 GW of natural gas-fired power generation capacity on the Yucatán Peninsula by summer 2024, CEO Manuel Bartlett said Monday.

Bartlett

The combined-cycle plants in Mérida and Valladolid would have capacities of 499 MW and 1,020 MW, respectively, and run primarily on gas imported from Texas, Bartlett said during President Andrés Manuel López Obrador’s morning press conference. 

To maximize the supply of what Bartlett called “the cheapest gas in the world” to south and southeast Mexico, CFE and the private sector have undertaken multiple projects to expand and interconnect the region’s pipelines, according to Bartlett.

“With the promotion of natural gas projects, CFE seeks to...