Mexican Energy Agenda Attracts Support

MexicoThe Children’s Investment Fund Foundation (CIFF) said it is working with the 21st Century Power Partnership to help strengthen Mexico’s renewable energy effort and will provide financial support.

Up to $3.9 million will support the 21st Century Power Partnership to create and operate a platform for power sector technical support for the Mexican federal government as part of its energy reform agenda.

The 21st Century Power Partnership is an initiative of the Clean Energy Ministerial, a global forum to facilitate the transition to a global clean energy economy.

The investment allows for the expansion of technical assistance from the international network of power system experts to strengthen and support Mexico’s power sector, according to National Renewable Energy Laboratory (NREL).

NREL and its institutional partner, the Joint Institute for Strategic Energy Analysis, act as operating agent of the Power Partnership and will manage the new program.

The activities in this program have been developed in partnership with key stakeholders from the Mexican energy system, including the Secretariat of Energy (SENER), Federal Electricity Commission (CFE), Energy Regulatory Commission (CRE), and Electricity Research Institute (IIE). The CIFF funding will be spread over a three-year period.

Foreign investment in the Mexican energy industry is a relatively new phenomenon, with ventures with the nationalized oil company only recently allowed.

Photo: Esparta Palma Flickr photostream

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