Mexico:

Mexico's Energy Reform Ends its Regulatory Stage (Power Engineering)

Geothermal energy will receive special treatment. 

(Courtesy CIA.gov)

The energy reform carried out in Mexico has reached the final stage of its regulatory period. The approval of the rules that will develop the reform is imminent. This was announced by Pedro Joaquin Coldwell, Energy secretary of the federal government. Coldwell said during Mexico's Business Summit 2014 that there will be approved 25 rules.

Geothermal energy will receive special treatment. This renewable energy source has a potential of 61,178 GWh per year, but currently only 10 per cent of that amount is generated, according to figures from the National Energy Institute. Mexico is the world's fourth country with biggest geothermal reserves. This fact drove the approval of a Geothermal Law that establishes specialties for this energy source. For instance, exploration permits and concessions will be directly negotiated with the Secretariat of Energy. Before the Geothermal Law it was compulsory to talk to the Energy Regulatory Commission (CRE).

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