Monday, April 6, 2015

Mexico:

Mexico Cuts Renewable Energy Target For 2018 (CleanTechnica)

Mexico has been in the news for being the first developing country to submit an emissions reduction target for 2030… but it also watered down its short-term renewable energy target.

The Mexican government targets 5% electricity from renewable energy sources by 2018. This is substantially lower than the 8.2% target proposed in draft policies issued last month. The target is part of a national energy plan released by Mexico’s energy secretary.

This short-term plan certainly looks insufficient to take Mexico to its medium-term target of 2024. By the middle of next decade, Mexico wants to procure 24% of its electricity from renewable energy sources. Going from 5% in 2018 to 24% in 2024 will require quite a leap.