Monday, August 6, 2012

Mexican organization says fossil fuel subsidies make renewable energy projects cost-prohibitive

Mexican organization says fossil fuel subsidies make renewable energy projects cost-prohibitive

03.08.2012: Mexican renewable energy advocacy group Red por la Transición Energética (RTE) has called on the Mexican government to make changes to its energy subsidy system to encourage the deployment of renewable energy. According to RTE, the Mexican government spends $300 billion MXN ($22.4 billion) every year on gasoline and energy subsidies. These subsidies have made electricity produced by fossil fuels relatively cheap in Mexico, which has discouraged the population from choosing to install renewable energy systems. Mexico does have renewable energy schemes in place, including one for distributed generation systems up to 500 kW; however, uptake has been extremely low since in most cases these systems don’t make financial sense. Although hundreds of megawatts of projects have been proposed in Mexico over the last few months, Mexican solar association ANES expects only 8 to 10 MW of PV to be installed in the country this year. This figure includes 1 to 1.5 MW of off-grid projects and a 5 MW power plant being developed by state-owned company Federal Electricity Commission (CFE). A 1 MW system installed by CFE in the state of Baja California Sur is currently the largest PV installation in the country. Source: RTE, ANES; Summary: PHOTON

http://redtransicionenergia.blogspot.mx/2012/07/comunicado-de-prensa-m
exico-d.html

http://redtransicionenergia.blogspot.mx/2012/07/posicionamientopublico
-sobre-los.html

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

No comments: