19 May
Posted by Brian Anderson as Finance Help
Mexico is likely to see less new generation capacity installed under the independent power producer (IPP) model than in the previous decade, the CEO of Mexican generator manufacturer and service provider Genermex, Hйctor Elizondo, told BNamericas.
“I think that the IPPs will probably not continue having as strong a participation as they had in the last 10 years because the perspectives for the future of energy resources will limit the type of power plant very much,” Elizondo said.
He said the government will be pushing wind plants, large hydroelectric plants and, probably, nuclear plants.
“In those types of projects, above all in nuclear, the government would have to participate. State power company CFE would have to do them more than a private company,” he said.
IPPs have installed mostly gas-fired thermoelectric plants since the 1992 power sector reform opened the door to private participation.
Genermex is located in Nuevo Leуn state. The company’s sales to CFE in 2009 were US$12.5mn, according to federal procurement website Compranet, and make up the bulk of its activity in the country.
The full interview with Elizondo will be published in this week’s Electric Power Perspectives, for subscribers only.
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