Wind Energy can expand Mexico’s renewable market by 7GW

Wind Energy can expand Mexico’s renewable market by 7GW

Clean power production is being led by the wind energy system, with better-developed infrastructures, and this technology is expected to be commanding the whole renewable industry for the next 10 years.

The wind energy sector is currently leading the production of clean power in Mexico. By the end of 2013, this technology accounted for more than 1900 MW already in use, while around 15000 MW are expected to be generated for the period 2020-2022. Proof of this is that over the last 10 years, more than 3800 million dollars have been invested in the development of wind energy infrastructures and supplying in Mexico.

Mexico’s energy system comprises 4000 MW of wind, solar and geothermal power either being already operational or on the way to being completely functional. Taking into consideration that the country’s energy demand is currently growing at an annual rate of 4%, aside from the government’s commitment to have 35% of its energy production coming from non-fossil sources by 2024, renewables are certainly set to become an inevitable alternative to traditional power sources.

Mexico’s Energy Ministry (Secretaría de Energía) has pointed out that growth rates in the wind energy industry are expected to soar remarkably in the following years, as production is reportedly being increased from 1469.2 MW generated in 2012 to an estimated total capacity of more than 9092.4 MW for 2018 – an additional upsurge of 7,623.2 MW.

“This goal is surely feasible as long as three legal conditions for the future market are respected and preserved: to safeguard the role of the Energy Bank, to guarantee a compulsory distribution of power coming from clean sources and to keep the current calculation of the energy transmission costs, based on a postal stamp model that offers a great deal of transparency“ confirms Héctor Treviño, executive director at the Mexican Wind Energy Association.

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