Biden-Harris Administration responds to concerns over AMLO’s electricity reform

The administration of the President of the United States, Joe Biden, he reiterated his support for the congressmen who protested against President Andrés Manuel López Obrador’s electrical reform, ensuring that bilateral trade agendas between the two countries were maintained on the basis of a compromise to guarantee trade to exporters.

“We understand and share our concerns with respect to the constitutional reform proposed by Mexico, as well as recent actions affecting businesses and investment investors in the energy sector,” said Gina M. Raimondo, business owner; the representative of Comercio, Katherine Tai, and Jennifer Granholm, titular de Energía, on the occasion of his visit to Mexico to expose the president Andrés Manuel López Obrador and his homologue in Mexico, Rocío Nahle reform the Mexican Constitution.

By means of a public hearing with the respondent to the Republican member of the Chamber of Representatives, Earl L. Buddy Carter, to its public outcry at the November action, the officials taxed by the administration Biden-Harris ensure that the commercial representation of its countries continuously revises these media and its implications only for bilateral trade, including the regional commercial relationship, which includes Canada.

For so, reiteraron that the journey to Mexico of the Secretariat Granholm tuvo as an objective to meet with Mexican officials to plant directly the United States preoccupations with the proposed constitutional reforms.

At its separate meetings, the Granholm Secretariat briefly and externally referred to the concerns of its governing body over the constitutional reform being discussed in the Congress to unravel the monopoly of all the energy value chain at the Federal Electricity Commission (CFE), gives a legal minimum of 54% of the electricity generation of the country, chancellor contracts of the previous regime in 2013 and gives autonomy to the regulators of the sector, and it gives data to state companies that he invests in the country.

The reform also proposes to obstruct the joint efforts of the United States and Mexico in the matter of energy and climate. We need to maintain and improve the open and competitive energy markets that benefit North America, ”he said.

Cabe records the past year of the President Andrés Manuel López Obrador sent to the Chamber of Deputies a reform initiative on Articles 25, 27 and 28 of the Constitution, which requires the approval of the three most important votes of the present both of the deputies as of the senators.

Following the presentation of the motives of the Constitutional Reform Initiative in the Chamber of Deputies, the economic loss for energy is not despised by the CFE – which is not prioritized for more results than the renewable of private homes and the one that covers the transmission and the incentives like the certificates of energy limit – ascending to 45% of the capacity of the CFE, or sea to 119,000 gigawatts.

In economic terms, it means 215,400 million annual pesos from 2017, in addition to 222,900 million for those who buy privately from their basic basic income tax.

The second transit of the Ley de la Industria Eléctrica allows companies of motor homes such as legacy contracts of the previous regime, with which they are accommodated in this regime, without pay, 77,767 large consumers, creating private monopolies with no access CFE.

If so, it has a sole responsibility of 38% of the installed capacity of the CFE, when it has a capacity to spare 54 per cent.

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Reference-www.eleconomista.com.mx

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