Renewable energy in Mexico

It is clear that the world is shifting constantly to look for more innovative ways to implement renewable energy into our everyday use.

[2] Although this is being researched and published by scholars, it is crucial to understand the factual results of this specific form of energy.

While many countries have increased funding over the years for new initiatives and research, to the lower right a graph better depicts the steady support in these sources.

This includes green equipment, energy research, implementation, and altering of past contributions for improvements.

Although this brought significant stimulation to the economy, it put a strain on the status of environmental concerns.

[citation needed] Not only investments from the government but also from foreign companies and international organizations have added to the increase in green energy.

[citation needed] In May 2020 President Andrés Manuel López Obrador canceled solar and wind energy contracts to supply electrical power for the government, citing high costs for consumers while oil prices were low and citizens were suffering from high unemployment due to the COVID-19 pandemic.

[9] The Earth Summits goal is to transform the attitudes and minds of people, into a more global change focus for the future preservation of the world.

One of the first major changes for renewable energy was that Mexico's public electricity service law was revised.

These permits included bio-gas to electricity, small hydro, solar and wind farms.

This in essence was a set of rules on detailing transmission charges relating to the transmitting or feeding in to the national grid.

Another implementation from Mexico's past was motion to establish service charges for the transmission of renewable electricity in 2003.

[11] While some of these are more within the last two decades, they are the laws and regulations that have formed Mexico's renewable energy to what it is today.

The main forms of renewable energy used in Mexico are hydropower, biomass, geothermal, solar power and wind.

Solar powerSolar power is usually the most commonly heard and associated when one hears the term “renewable energy”.

It is generated by the heat produced from the Sun, absorbed through solar panels, and transferred[12] directly to renewable green energy.

In addition, Mexico has a large landmass, meaning solar panels could be constructed and covering many of the open spaces.

This is considered a primary source, although it has had a steady decline as the other forms of renewable energy become more used and researched.

What is halting this currently, is the economic factors associated with implementing the resources needed to draw solar energy.

Mainly solar panels, these currently have a price tag that makes it hard to globally define this source.

[13] Although there has been a level of growth within the field, ambitious goals and targets have been set by government officials.

"Procurement opportunities in this newly energized market will take shape in one of four forms: (i) selling power directly to suppliers or qualified users (large electricity users who buy power from the National Center of Energy Control (CENACE) or suppliers at non-regulated rates); (ii) selling power to the wholesale electricity market; (iii) participating in the long-term auctions for service and capacity supply; (iv) partnering with Commission Federal de Electricidad (CFE) or its subsidiaries for projects".

By adding this information to the public, it will create a higher level of cohesiveness towards future plans.