CFE to invest billions to improve Yucatán’s energy infrastructure

The CFE has anounced that it will be investing 4.5 billion USD to build new power plants in Yucatán and Baja California.
Large CFE facility on Mérida’s Periferico. Photo: Carlos Rosado van der Gracht

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.

The president’s remarks were made last week while in Mérida during the inauguration of the Tianguis Turístico Mexico, Mexico’s largest tourism trade show.

Earlier: CFE not happy with the growth of solar panels in Yucatán

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. 

Carlos Rosado van der Gracht
Carlos Rosado van der Gracht
Born in Mérida, Carlos Rosado van der Gracht is a Mexican/Canadian blogger, photographer and adventure expedition leader. He holds degrees in multimedia, philosophy, and translation from universities in Mexico, Canada and Norway.
- Advertisement -spot_img
AVAILABLE NOWspot_img
ADVERTISEMENTspot_img
Verified by ExactMetrics