MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 6.Nov.2024) — Mexico’s Federal Electricity Commission (CFE) has its eyes set on a historic investment of $23.4bn between 2024-2030, according to the state-owned agency’s head Emilia Esther Calleja.
The details were reveal 6 Nov. 2024 by Esther her participation in an early morning media presser with Mexico’s president Claudia Sheinbaum Pardo. During her participation, Esther — an electrical engineer who has spent over two decades working at the state utility — said Mexico would achieve energy sovereignty and universal access to electric supply across the entirety of Mexico.
CFE’s investments were $19.992bn between 2018-2024, Esther said.
Esther, the first woman to head CFE, said the investments during the six year term or ‘sexenio’ of Mexico’s former president Andrés Manuel López Obrador (AMLO) were dominated by the generation sector, followed by the transmission sector and then distribution sector.
Highlights of CFE’s investments during 2018-2024:
—Generation: $15.114bn
-35 projects with 13,920 MW of capacity,
-13 centrals were acquired by the Mexican state with 8,539 MW of capacity.
—Transmission: $4.6bn
-60 projects: substations and transmission lines that included equipment that incorporated the newest technology.
—Distribution: $278mn
-41 projects including substations and transformers.
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By Fidencio Casillas. © 2024 Energy Analytics Institute (EAI). All Rights Reserved
