RIO DE JANEIRO, BRAZIL - The wind energy sector warned that the lack of long-term legal certainty, clear rules, permits and planning have kept investors away.
As a result of president Andrés Manuel López Obrador s government s efforts to favor state-owned company Federal Electricity Commission (CFE) over renewable energies, Mexico has registered a 61% drop in investments in wind power plants in 2021.
This was stated on Tuesday by Leopoldo Rodríguez Olivé, president of the Mexican Wind Energy Association (AMDEE) during an online presentation of the Mexico Windpower 2021 Digital Conference.
The entrepreneur pointed out . . .
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Energy projects worth US $35bn on hold as government withholds permits The 128 projects represent more than 100,000 jobs, says business lobby
Published on Wednesday, May 12, 2021
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Energy sector projects worth more than US $35 billion are stalled because they haven’t been granted government permits, according to a high-ranking official with Mexico’s most powerful business lobby.
Roger González, president of the Business Coordinating Council’s energy commission, said that 128 projects – among which are gas, fuel storage and electricity generation projects – are ready to start but can’t due to a lack of permits.
Speaking at an energy forum on Tuesday, González blamed the delays on government changes to energy policy.