Includes 37 conventional onshore areas , 21 of them located in the Burgos Basin, 9 in the Tampico-Misantla and Veracruz Basins, and 7 in the Southeastern Basins. All the areas to be tendered cover a surface of 9,513 square kilometers, that represent 1.5 times the surfaced involved in previous onshore tenders.
The ruling date is scheduled for July 25th, 2018.
Source: Mexican National Hydrocarbons Commission (CNH)
Decrees of Declaration of the Special Economic Zones of Salina Cruz, Oaxaca, and Progreso, Yucatan.
Including these decrees, there are five SEZ with committed investments, to date of more than USD 6.1 billion.
President Enrique Peña Nieto signed today the Decrees of Declaration of the Special Economic Zones (SEZ) of Salina Cruz, Oaxaca, and Progreso, Yucatan, that form part of the compromises established by the Government, and said that at least 97 percent of these commitments will be fulfilled at the end of his administration.
Source: Presidency
The tender for the Interconnection Project of the Power Grid of Baja California with the National Power Grid under the new contracting model for electric transmission lines was announced.
The Ministry of Energy will carry out the tender for the financing, installation, maintenance, management and operation of the Interconnection of the Power Grid of Baja California with the National Power Grid. This is the first power transmission project to be developed under a Management Contract, according to the Electric Industry Law, which allows the participation of the private sector in the transmission of electricity.
SOURCE: SENER
On November 22nd, , the ruling of the Third Long Term Electric Auction, carried out by the National Center for Energy Control and the Ministry of Energy, was announced and the assignees of the long term electricity coverage contracts was disclosed.
This contracts represent an approximate investment of USD 2.4 billion, and the construction of 15 new clean energy plants, located in eight states of the country that wil represent a total generation capacity of 2,730 MW.
The offered price for this auction of USD 20.57 per megawatt/hour is one of the lowest prices achieved internationally and Sonora, Nuevo León, Aguascalientes and Coahuila will be some of the beneficiary states.
Among the projects to be developed are included:
Source: SENER
The evaluation of the economic offers related to the Third Long Term Electric Auction of 2017 concluded successfully with the determination of preliminary results.
An investment of 2.369 billion dollars is estimated for 15 new electric power plants.
The results are subject to a validation process through CENACE. The official winning bids along with the ruling will be announced on November 22nd.
Source: SENER
Go to the announcement
• Round 3.1 includes 35 exploration and extraction areas in shallow waters of the Gulf of Mexico, to be developed through Shared Production Contracts.
• The technical and financial elements of the Contracts will allow the operating companies to develop the projects efficiently and guarantee the gathering of the oil revenue by the State.
Source: SENER
Go to the announcement
In order to accelerate the development of Transmission projects, the Electric Industry Law envisages that the State, through SENER (Ministry of Energy), may execute agreements with the private sector for the implementation of such projects.
Based on the above, SENER has designed the New Contracting Model for Electric Transmission Lines which will enable to:
1.- Carry out, through SENER, tenders for the assignment of contracts to the private sector, which in turn, will finance, develop and operate Transmission Lines projects derived from PRODESEN;
2.- Finance these projects with funds of the Wholesale Electricity Market, without the need of budgetary resources;
3.- Increase the participation of clean energies in the generation grid;
4.- Generate competition in the electric power transmission segment.
Source: SENER
Go to the announcement
The National Energy Control Center (CENACE) closed last Thursday, August 31st, the period to receive payments for Prequalification Applications and for Sale Offers of the third Long-Term Auction. CENACE received payments for 734 Sale Offers from 80 bidders. This number is 14% higher those payments received for the second auction, highlighting the interest that this mechanism has generated. In addition, 80 prequalification applications were registered for this auction.
Source: SENER
The National Energy Control Center (CENACE) confirmed the establishment of 10 projects as part of the development of the Smart Electrical Networks Program.
These projects will require investments during 8 years, estimated at 11.646 billion pesos.
Source: SENER
The Secretary of Energy (SENER) explained that the objective of this Medium Term Auction is to allow buyers and sellers the execution of electricity coverage agreements for a maximum period of three years, thus giving certainty and reducing exposure to price volatility of the short-term market.
Source: SENER
