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AMLO's Electricity Reform Remains In Focus

MEXICO
  • Today the director of state-owned power company CFE Manuel Bartlett holds a press conference to discuss the controversial power reform at 12pm, Mexico city time. Overnight commentary surrounding the President's proposals continue to dominate the newswires:
  • The Mexican president's proposal to reform the electricity sector, giving more market share to state utility CFE, would contravene commitments made in the USMCA trade deal, according to a statement from the American Chamber of Commerce of Mexico.
    • The chamber called on lawmakers to focus energy legislation on consumers' economic health, the rule of law, sustainability and certainty for businesses
  • Proposed electricity reform sent to Congress by President Andres Manuel Lopez Obrador runs counter to a key lawmaker's claim that the continued operation of existing private projects is guaranteed, according to a statement by Julio Valle, an AMDEE and ASOLMEX renewable energy groups spokesperson.
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