Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. The opinions and positions expressed by Prud’homme do not necessarily reflect the views of NGI’s Mexico Gas Price Index. Mexico’s government wants…
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Mexico Electricity Law Proposal Said Worrying Investors
“The principal concern of international companies and investors is the uncertainty that the electricity law could cause, and a lot of people are holding off on further investments while they wait to see what will happen,” Marcela Roque, Energy Director at Luxem Energía in Mexico City, told NGI’s Mexico Gas Price Index. “Many investors have…

Mexico’s CFE Seeking Bidders to Build Six Combined-Cycle Plants
Mexico’s state-owned power utility Comisión Federal de Electricidad (CFE) is launching an international tender to build for six combined-cycle natural gas-fired power plants with a combined installed capacity of 4,322 MW. The plants, part of CFE’s 2021-2025 business plan, “will be located in strategic regions with the purpose of strengthening CFE and guaranteeing Mexico’s energy…

Preferential Treatment for Mexico’s CFE Said Unlikely to Boost Natural Gas Market
Proposed legislation in Mexico to favor state utility Comisión Federal de Electricidad (CFE) in the electricity dispatch order should not be viewed as bullish for the natural gas market, despite CFE’s plans to add more gas-fired capacity over the coming years, according to local energy consultant David Rosales. The bill supported by President Andrés Manuel…

Natural Gas Dominates Capacity Additions in Mexico’s Energy Ministry Power Plans
New natural gas builds are central in the electricity plans of Mexico’s government as it seeks to enhance the role of state utility Comisión Federal de Electricidad (CFE) in power production and dispatch. According to the country’s recently released 2020-2034 Prodesen power sector development plan, “the development of electric power capacity between 2020 and 2034…

Natural Gas Dominates Second Tranche of Mexico’s Public-Private Infrastructure Plan
Energy projects fueled by natural gas dominate Mexico’s second public-private infrastructure plan announced by government and business leaders on Monday. Worth a total of 228 billion pesos, or around $11 billion, the second package includes 29 projects in energy, telecommunications, roads and water. It is part of a broader infrastructure plan aimed at jumpstarting the…

Mexico’s CFE to Add 642 MW Natural Gas Power Plant to Fleet in December
Mexico’s Comisión Federal de Electricidad (CFE) is set to start producing electricity in early December at its long delayed 642 MW Huexca combined-cycle thermal power plant in the central state of Morelos. The completed plant in Morelos state has been stalled because of local protests and objections over the natural gas-fired power plant and neighboring…

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Alabama Power Gains Approval for 2 GW of Natural Gas Additions
Alabama Power Co.’s request to add more than 2 GW of natural gas to its energy portfolio was approved Tuesday by state regulators.

Long-Awaited IRS Tax Break May Spur U.S. Carbon Capture Projects
The Internal Revenue Service (IRS) is close to finalizing regulations to implement a tax credit for carbon capture and storage (CCS) that could help more than two dozen proposed projects move beyond the initial engineering and design stages.
Dominion’s 1,358 MW Combined-Cycle NatGas Plant in Virginia Begins Operations
Dominion Virginia Power began producing electricity Monday at a 1,358 MW natural gas-fired plant in Brunswick County, VA, the utility announced this week.