The United States Secretary of Energy, Jennifer Granholm, said Monday the Mexican government is prepared to address concerns about its reform initiative aimed at tightening state controls in the electricity market.
After a visit to Mexico last week, in which he stated that the United States believes that the bill promoted by President Andrés Manuel López Obrador runs the risk of restricting investment, Granholm said that the reaction that he received was encouraging.
“There was receptivity to what we were saying, in the same way that I was receptive to hearing the explanation of why this law was introduced,” he told Reuters in an interview.
“So I think there is an opening to be resolved and I hope it happens,” he added, noting that Mexico’s current proposal “will not create a level playing field” for U.S. companies looking for renewable energy in the country. do not invest.
López Obrador, which has promised to reduce Mexico’s carbon footprint with more hydropower, last year introduced a constitutional reform to increase state control over the power sector as a national security measure.
The president claims that previous corrupt governments have manipulated the market in favor of private capital to the detriment of public finances.
But critics say López Obrador’s effort to give control to the Federal Electricity Commission (CFE) is holding back investments in wind and solar energy and keeping Mexico dependent on fuel, which will ultimately result in less energy for consumers.
In addition, they confirm that by limiting clean energy production in Mexico, there is a risk that manufacturing companies, which are increasingly committed to reducing greenhouse gas emissions, will stop investing in the country.
Reference-www.eleconomista.com.mx