Mexican Government Moves to Tighten Grip on Electricity Market

MEXICO CITY—The Mexican government moved to seize more control of the country’s electricity market, affecting dozens of renewable energy projects worth more than $6 billion at a time when the country faces a sharp recession because of the coronavirus pandemic.

Energy companies and local industry groups said new rules for operation of the power grid, published late Friday, favor Mexico’s state-owned electricity utility over private developers and dial back the opening of the power market to foreign investors.

lopezobrador_ is sending his own country back to the stone age, organized crime is running rampant now more than ever . Mexico is a runaway train wreck headed straight to perdition

It is called plain sovereignty. Besides, México doesn't need costly subsidized foreign energy projects used for many big businesses to avoid paying electricity bills and charge millions to the CFEmx...increasing the electricity cost to all Mexicans! :)))

Back to the 50’s. gilbertolozanog JLozanoA Reverza_Mty

México is back to the 50's, energy-infrastructure-wise said, we're kind of fu*ked

¡Deja de comprar medios de comunicación internacionales FelipeCalderon !😅😅😅😅

24,€=€=€°÷✓

Te hablan rocionahle que vayas por más aplausos a Europa y Canada; en el viaje aproveche para bajarle a su resentimiento y así dejar de tomar decisiones con las vísceras, es Ud una Secretaria de Estado y se debe a la Constitución y las leyes que de ella derivan.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This Summer’s Santa Fe Indian Market Is Going VirtualIn an effort to continue supporting its many Indigenous artists, Santa Fe's Indian Market is moving to a virtual format.
Source: voguemagazine - 🏆 715. / 51 Read more »

'Flagrant violation': business groups pan new Mexican energy rulesMexico's top business lobbies over the weekend excoriated new rules to govern the electricity sector, arguing they will hit investor confidence and stunt growth in renewable energy, as tensions rise between the private sector and the government. I teach you Only hearing love of your's breating and you watching as your love's breast gently rise, gentry fall , it's all of you doing something to your innocent lover. but attention to do so pamission of engaged marriage each other‼️ Imagine* what would happen to this country given that. All of the Mexican people exodus back to Mexico... Americans would not be able to Restart up again or Reconstruct after sure to come,Natural Disasters. lopezobrador_ Is the worst Mexican president in the history of Mexico 🇲🇽 He has allowed criminals to do as they with, and released The son of a drug lord and went as far as visiting and kissing the hand of Drug Lord's mother. It took him 14 years to get a political science cert
Source: Reuters - 🏆 2. / 97 Read more »