Will energy storage systems be integrated into the national electric system?

Earlier in March, Mexico introduced administrative provisions regulating the integration of energy storage systems into the National Electric System. It also revealed that the incorporation of 8,412 MW of energy storage systems is planned for the 2024-2038 fiscal year.

Will targeted grid upgrades benefit solar in Mexico?

Targeted grid upgrades, if any, for wind, will benefit solar as well because solar resources exist in all areas of the country. Solar potential in Mexico is six times larger than wind, and the technology complements wind generation very well. The solar industry has generated more than 70,000 jobs1 in Mexico.

How can a private company generate electricity in Mexico?

The first option is for a private company to sell all the electricity produced by a renewable energy plant to Mexico’s state-owned utility CFE. Another option is for companies to create joint ventures with CFE to generate power, with a maximum 46% participation by the private sector.

How many renewable resources does Mexico have?

Figure 1 shows that Mexico’s renewable resources are well distributed throughout the country. National technical potential includes 24,918 GW2 of solar photovoltaics, 3,669 GW2 of wind, 2.5 GW3 of conventional geothermal, and 1.2 GW4 of additional capacity from existing hydropower facilities.