Mexico:

Mexico Liberalizes Electricity Generation and Promotes Geothermal Energy (Deutsche Welle)

Sunday's legislative package also included a Geothermal Energy Act to regulate the development geothermal resources for electricity generation in the country.

(Courtesy CIA.gov)

Mexico's Senate voted 88 to 26 on Sunday in favor of a new Electricity Industry Act, which will now move to the Chamber of Deputies, the lower house in Mexico's parliament, for further legislative processing.

It creates a National Center for Energy Control (CENACE) and states that the power supply is a service of public interest, but the generation and sale of electricity services are to be provided within "a system of free competition."

The law stipulates that the Energy Regulatory Commission (CRE) shall establish mechanisms to calculate the maximum rates that may be charged for electricity.

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