Fwd: BREAKING: Mexico’s Energy Reform Creates Immediate Opportunity for Corporate Renewable Energy Buyers

Grs

4

Renewables, Mexico

Dr. Michael D. McDonald

Coordinator
Global Health Response and Resilience Alliance

Chairman
Global Resilience Systems, Inc.

President
Health Initiatives Foundation, Inc.

Michael.D.McDonald@mac.com
202-468-7899

Begin forwarded message:

> From: albert@icassemblies.com
> Date: July 14, 2016 at 11:55:08 AM EDT
> To: Michael Mcdonald <michael.d.mcdonald@mac.com>
> Subject: Fw: BREAKING: Mexico’s Energy Reform Creates Immediate Opportunity for Corporate Renewable Energy Buyers
> Reply-To: albert@icassemblies.com
>
>
>
> FYI
> ----- Forwarded Message -----
> From: Renewable Choice Energy <RCE@renewablechoice.com>
> To: albert@icassemblies.com
> Sent: Thursday, July 14, 2016 11:34 AM
> Subject: BREAKING: Mexico’s Energy Reform Creates Immediate Opportunity for Corporate Renewable Energy Buyers
>
> To view this email as a web page, go here.
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>
> In January of 2016, the Mexican government began the process of deregulating its electricity market, previously mandated by a law (Ley de la Industria Electrica) passed in August, 2014. Until this year, the state-owned utility CFE owned the rights to all transmission, distribution, and nearly 50% of all generation assets within the country. With new reform, the electricity market in Mexico will open to competitive distribution and generation as more developers enter the space to sell electricity to CFE and other Electric Service Providers (ESPs) via the newly established wholesale marketplace.
>
> For commercial, industrial, and institutional (C&I) customers with high electricity consumption in Mexico, this is outstanding news. The primary result of the reform will be the expanded capability to sign bilateral renewable power purchase agreements (PPAs) directly with independent power producers in order to source electricity for Mexican operations. As the new wholesale market remains yet to be fully defined, however, the best opportunity for bilateral agreements can currently be found with renewable energy projects qualified under the self-supply regime, a regulatory structure only available to C&I customers through December 31st, 2016.
>
> Read on and watch our latest video blog to discover the 3 primary benefits of participating in the self-supply regime that result in significant reductions in cost and risk exposure.
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> Because PPA contracts must be structured by the end of this year to take effect for the term, it is time to start negotiations now and see what the options are for securing renewable electricity and creating a valuable hedge for your energy spend.
>
> -The Team at Renewable Choice
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