Monday, June 10, 2013

Mexico:

Regulatory Changes Vital to Attract Private Investments to Mexican Geothermal Power Generation (PR Newswire UK - News Release)

(Courtesy CIA.gov)
The 30-year-old Mexican geothermal power generation market is powered by investments from the Federal Electricity Commission (CFE), a public utility. However, its growth beyond 2015 depends on the level of involvement of independent power producers (IPPs).

For greater private investments, either the government should amend regulations to protect investors in the exploration phase or financial institutions must make higher initial investments to lower the risks in the earlier phases.

New analysis from Frost & Sullivan, Analysis of the Mexican Geothermal Power Generation Market, finds that the market drove investments of $182.4 million in 2012 and estimates this to reach $200.2 million in 2017.

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