Mexico, U.S. Sign Framework on Power Grid

Mexico, U.S. Sign Framework on Power Grid

Jan 10, 2017

by Margarita Fournier; Copyright 2016 by Competitive Assets, LLC.  All rights reserved

On 1/9/17, Electric Light and Power reported that last Saturday, U.S. and Mexico signed “a framework agreement on principles aimed at building the kind of cross-border electricity market with Mexico that the United States already has with Canada.” U.S. Secretary of Energy Moniz “said the potential for a mutually beneficial relationship is there. Wind turbines in Mexico’s Baja California peninsula have already sent some power to U.S. markets.” Also, Mexico has started relying on imports of U.S. natural gas to run cleaner power plants. “Mexican Energy Department officials said the new framework would be overseen or implemented by the NERC.”

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