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Page 10 - கூட்டாட்சியின் மின்சாரம் தரகு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Mexican President Says Mexico s Future is Coal Not Renewable Energy

Years after becoming one of the first countries to pass climate change legislation, embracing renewable energy, and weaning itself off fossil fuels, Mexican President Andrés Manuel López Obrador turned back the clock. The recent move by the López Obrador administration has halted new renewable energy projects. The Mexican President also mocked wind farms as fans that blight the landscape and allocated money into state oil company Petroleos Mexicanos, which includes the $9 billion budget for the construction of a new refinery. Last month, the Mexican President pushed the passing of a bill that requires the energy grid to prioritize getting power from state-run plants. The legislation put the energy grid fueled by a huge portion of crude oil and coal compared to the less expensive wind and solar energy before, Financial Times reported.

NFE to supply natural gas to CFE power plants

Advertisement New Fortress Energy Inc. (NFE) has announced today that it has signed a gas supply agreement (GSA) with CFEnergia SA de CV, a subsidiary of Mexico’s Federal Electricity Commission (CFE). Under the agreement, NFE will provide the equivalent of an estimated 250 000 - 500 000 gal. of LNG (20 000 - 40 000 million Btu) per day to CFE’s CTG La Paz and CTG Baja California Sur power plants in Baja California Sur, Mexico. “We are pleased to support CFE’s transition to cleaner, more affordable and reliable energy,” said Wes Edens, Chairman and CEO of New Fortress Energy. “This contract will help create significant fuel savings and emissions reductions for the benefit of the people of Baja California Sur.”

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