Friday, May 7, 2021
The Federal Economic Competition Commission (COFECE) has taken two strong positions against recent amendments to laws in the energy sector.
COFECE challenges amendments to Electricity Industry Law
On April 22, 2021, COFECE filed a constitutional controversy before the Supreme Court of Justice of Mexico against an amendment of the Electricity Industry Law, arguing the amendment would affect COFECE’s powers by preventing it from guaranteeing competition in the electricity industry. COFECE indicated that under the current constitutional framework, it is essential that certain requirements exist so that the electricity markets can operate under competitive conditions. These requests are: i) the possibility of open and non-discriminatory access for any generator in the electricity networks; ii) that energy dispatch is governed by objective and efficiency criteria, and iii) that the operator – National Energy Control Center – and the regulator – Ene
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Following the House of Representatives discussion and approval of the draft Amendment of the Electricity Industry Law proposed by President Andrés Manuel López Obrador on February 1, 2021 (the “Amendment”), on March 03, 2021, the Senate approved the Amendment. After five hours of discussion, the Senate voted 68 in favor and 58 against the Amendment.
As mentioned in our
previous Legal Update, the Amendment establishes the modification of several articles of the law with the ultimate purpose of strengthening the Federal Electricity Commission (
Comisión Federal de Electricidad, “CFE”) by implementing:
No free competition. Deleting the provision that states that the generation and commercialization of electricity are services that shall be provided in a regime of free competition.
Power market war and outlook for 2021 internationallawoffice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from internationallawoffice.com Daily Mail and Mail on Sunday newspapers.
Interruption in gas supply will cost industry 18bn pesos: business leader Government will seek to move toward self-sufficiency in gas
Published on Tuesday, February 16, 2021
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The industrial sector in the north of the country will see losses of 18 billion pesos (US $890.9 million) over the next four days due to the interruption in the natural gas supply caused by cold weather in the United States, according to a business leader.
Enoch Castellanos, president of the National Chamber for Industrial Transformation (Canacintra), said that factories along the northern border will only be able to operate at 30% of their full capacity this week due to gas shortage.
Natural gas shortage triggers major power outage; nearly 5 million affected Cold weather in US halts movement of gas to Mexico
Published on Monday, February 15, 2021
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Almost 5 million people in northern Mexico were affected by a major power outage on Monday morning due to an interruption in the natural gas supply caused by cold weather.
President López Obrador said the blackout affected about 400,000 people in parts of Nuevo León, Coahuila, Tamaulipas and Chihuahua, including Saltillo, Reynosa, Matamoros, Nuevo Laredo, Ciudad Juárez, Chihuahua city, Cuauhtémoc and Delicias.
However, Federal Electricity Commission (CFE) distribution director Guillermo Nevárez Elizondo later said 4.7 million people were affected by the outages in the north of the country.