POWER March 2013 - 61

www.gbreports.com
Global Business Reports
POWER MEXICO
a year of renewed development and growth
in the CFE supply sector. Its key players are
primed to make the most of the opportunities
available.
Mexico's Vision
SENER's Program for Works and
Investments in the Energy Sector (POISE),
which is an outline of Mexico's energy
strategy for the next 15 years, is ambitious
in its vision. It identiies 43,992 MW of
additional capacity that must be installed
to meet with demand. 6,462 MW
of this is already accounted for by
projects that are currently in the construction
phase or have entered the bidding
process, but another 37,529 MW is for
future projects that have yet to be
deined. In addition, 539 MW of
modernization must take place. During
this period, the government plans to
invest 100 billion pesos each year
(approximately just under $8 billion),
with
the
bulk
of
it
dedicated
to
generation at 52%, whilst distribution
accounts for 20%, transmission 14.1%,
and maintenance 13.3%.
This inlux
of investment suggests a strong
commitment to POISE's aims and, for
the investor and company willing to work
within a market shaped by an SOE, there
are a lot of opportunities arising.
Santiago Barcon, managing director
Arteche, a global company offering
automation solutions, is positive: " In the
energy sector, the next 20 years will be
extraordinary. Population growth, product
consumerism linked to new lifestyles,
and equipment obsolescence will all
trigger opportunities for growth in a
wide range of industries, including of
course our own. For example, there will be
a need to renew parts of already installed
wind farms. There is economic stability
and availability of labor, which allows one
to plan with fewer worries. We currently
export products, but my dream is to export
engineering. We are in the same time
zone as the USA and our engineers are
as good or better as the ones from the
United States; we can compete. Rather
than watching fatalist and overly negative
news reports, Mexicans and the wider
international community must realize
there is a lot to be done and that can
be done in Mexico. "
at
March 2013
Global Business Reports // POWER MEXICO
15
Though the energy sector remains and
will remain for the foreseeable future under
state control, the industry has nonetheless
been able to implement the best practices
that the private sector can provide, and in
addition has succeeded in attracting the
foreign investment that is vital to meet
both the growing needs of the Mexican
population and the clean energy requirements.
With CFE behind the sector and
committed to pushing the development of
both gas infrastructure and renewables forward,
the future for Mexico is bright. *
For additional and upto-date
information on
Mexico's Power Industry, visit Mexico's periodical
publication at http://energiahoy.com

http://www.gbreports.com http://www.energiahoy.com

POWER March 2013

Table of Contents for the Digital Edition of POWER March 2013

Contents
POWER March 2013 - Cover1
POWER March 2013 - Cover2
POWER March 2013 - Contents
POWER March 2013 - 2
POWER March 2013 - 3
POWER March 2013 - 4
POWER March 2013 - 5
POWER March 2013 - 6
POWER March 2013 - 7
POWER March 2013 - 8
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POWER March 2013 - Cover3
POWER March 2013 - Cover4
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