The CFE announced that it will invest US$4.5 billion to build new power plants in Yucatán and Baja California.
One power plant is planned for Mérida while the other is slated for Valladolid — though the exact locations of neither have been disclosed, according to an official CFE press release.
The news comes on the heels of President Andrés Manuel López Obrador’s announcement that his government is committed to ensuring Yucatán’s energy supply.
“Access to reliable energy is and always has been a priority for my administrations. These two new powerplants will help us address the growing energy needs of the entire Yucatán Peninsula,” said the president.
Power outages have long been common in Yucatán, especially during summers when demand outpaces capacity — due in part to the use of power-hungry air conditioners.
Despite the federal government’s rocky relationship with private sector energy companies, the new power plants in Yucatán and Baja California are reported to be constructed with the help of large domestic and international energy firms.
The new power plants will apparently operate by burning both diesel and natural gas instead of opting for greener alternatives such as solar or wind power.
Since assuming the office of president in 2018, López Obrador has been steadfast in his support of state-owned power companies including the CFE and Pemex. This support has been controversial in part for these companies’ slow action to invest in more climate-friendly technologies.