·        It will generate enough energy to light a city the size of Oaxaca.

·        It is currently promoting a total of 85 large infrastructure projects in 30 states, representing investments of over $26 billion USD, he said.

·        In the second quarter of this year, the CFE will issue a tender for a power transmission project from the Isthmus of Tehuantepec to the center of the country, which will require private investment of over $1.2 billion USD, he said.

·        The purpose of Energy Reform is for our country to generate more, better quality, environmentally friendly energy, which is ultimately cheaper and has a positive impact on Mexican families’ economy, he said.

Earlier today, President Enrique Peña Nieto inaugurated the second phase of the Southeast I Wind Power Station, representing an investment of 157 million dollars, whose installed capacity is equivalent to supplying electricity to a city the size of Oaxaca.

He said that construction of this work created approximately 700 jobs and is part of the modernization of the Federal Electricity Commission (CFE).

He explained that the constancy and intensity of the winds registered in this part of the Isthmus of Oaxaca make this region one of the most attractive in the country, “With an enormous potential for creating investments, like the one we are inaugurating today.”

The president explained that the Federal Electricity Commission is promoting major infrastructure projects to generate clean, renewable, non-polluting, environmentally-friendly energy.

He declared that, “It is currently promoting a total of 85 large infrastructure projects in 30 states, representing investments of over $26 billion USD. That is precisely what is being encouraged and triggered by the Energy Reform we have achieved and are now implementing.”

He reported that during the second quarter of this year, the CFE will launch a tender to undertake a power transmission project from the Isthmus of Tehuantepec to the center of the country.

”This will require an investment, which will come from the private sector, of over $1.2 billion USD,” he said.

He noted that before Energy Reform, investments of this size could only be made through the government and its productive enterprises, “Which undoubtedly limited our country’s potential and capacity to produce electricity and to exploit the resources it has in the subsoil and in shallow and deep waters.”

President Peña Nieto said that Energy Reform, “Creates a large space of opportunity for private sector investments to be oriented towards detonating clean, environmentally-friendly energy-generating projects with the environment, not only through wind energy but by capturing solar and geothermal energy and hydropower.

He added that another benefit of Energy Reform is that, “It is already impacting Mexican families’ economy.” He said that during this administration, electricity rates “Have been reduced by 39.4 percent In the industrial sector, 23.5 percent in the commercial sector; 8.7 percent in the high consumption domestic sector and 4 percent in households with low consumption, which also have a subsidized rate.”

“In all segments of the population and electricity consumption, electricity rates have been reduced,” which has been made possible by Energy Reform, “And by reducing the costs of power generation," he explained.

The president declared that since the implementation of Energy Reform, the CFE has also significantly reduced the use of fuel oil and diesel to generate electricity.

“Nowadays, it is using inputs such as natural gas and others that enable electricity generation to be cleaner and cheaper,” he said. He said that to date, the amount of fuel oil and diesel used by the CFE has been reduced by 48 percent in comparison with the amount used when this administration began.

He said that the aim is for this reduction to reach 90 percent by 2018. “In short, for the CFE to transition to generating more electricity from clean, cheaper, environmentally-friendly inputs that will eventually impact on electricity rates for Mexican households, shops and industry,” he said.

THANKS TO ENERGY REFORM, FOR THE FIRST TIME IN MEXICO, AN ELECTRICITY MARKET HAS BEEN ESTABLISHED IN WHICH POWER GENERATION AND MARKETING ARE OPEN TO COMPETITION: ENRIQUE OCHOA

CFE CEO Enrique Ochoa Reza said that, “Energy reform creates incentives to provide a higher quality, more environmentally friendly electricity service at a lower cost. Proof of this is the fact that for the first time in Mexico, an electricity market has been established in which electricity generation and energy are open to competition.”

He explained that this new electricity market, which began operating in the country in the month of January, “Has many rules, but one fundamental principle: the cheapest electricity will be dispatched first, meaning that private and public, national and international energy producers will compete to generate electricity at a lower cost in order to supply the country’s industrial, commercial and domestic users.”     

He explained that in addition to strengthening cooperation with private companies, Energy Reform has opened up other areas of opportunity for CFE such as, “The possibility of engaging in extensive dialogue with workers and our union in order to review the Collective Bargaining Agreement and establish the best transformation conditions for our company.”

He said that the Southeast I Wind Power Station, Phase II, inaugurated today, “Consisted of installing 34 wind turbines with an average height of 75 meters, as a result of which the Wind Power Station can produce an installed capacity of approximately 100 megawatts. This capacity is equivalent to supplying electricity to a large city, almost equivalent to the size of the capital of Oaxaca.”

Moreover, “This wind power station produces no emissions during power generation, meaning that it prevents the annual emission of over 156,000 tons of carbon dioxide that would have been created if we had used fuel oil or diesel instead of this power station.

OAXACA ONE OF THE THREE PLACES IN THE WORLD WITH THE GREATEST POTENTIAL FOR CLEAN, RENEWABLE ENERGY PRODUCTION: GABINO CUÉ

Governor of Oaxaca Gabino Cué Monteagudo said that this state is open to sustainable, socially responsible investment. “Opportunities for progress are open and possible for everyone,” he said.

He declared that just 22 years after wind power generation began in the Isthmus of Tehuantepec, “Oaxaca is at the forefront of the country in power generation, since it generates 90 percent of the total electricity flow powered by wind, and is the second largest center on the continent in the production of this type of energy.”

He declared that the Isthmus of Tehuantepec, “Has a wind power potential of at least 10,000 megawatts, putting us among the top three places in the world with the greatest potential for the production of clean, renewable energy.”

He said that the effort and participation of the people of the Isthmus, as well as the private sector and the federal government, have been instrumental in increasing the production capacity of wind power in the region, “From 444 wind turbines in 2010, to 608,00 this year.”

The Oaxacan governor thanked the president for his government’s support and solidarity because, “It is and will be crucial to promoting the implementation of a series of actions and strategic projects that will contribute to further promoting the development and welfare of our people.”

CFE EMPLOYEE THANKS THE PRESIDENT FOR THE MOMENTUM HE HAS GIVEN THE CONSTRUCTION OF WIND FARMS

Brenda Méndez Peralta, an employee of the Federal Electricity Commission, thanked President Peña Nieto for the boost he has given to the construction of wind farms, because, she said, “They have provided numerous benefits, such as economic impact, job creation and the reduction of gas emissions to achieve a clean atmosphere.”

She added that through the wind projects, she has had the opportunity to learn about the issue and develop professionally within the Federal Electricity Commission.

She declared that the CFE is, “A solid firm with the capacity to contribute to Energy Reform by providing human resources with the attitude and knowledge required to successfully compete in the transformation required by the country.

She asked the president to continue the construction of wind farms, not only in this part of Oaxaca, but everywhere where there is wind potential, to contribute to the livelihood of Mexican families and produce environmentally-friendly electricity.

MEXICO A STRATEGIC MARKET FOR THE ENEL GREEN POWER COMPANY: CARLO ZORZOLI

Carlo Zorzoli, Regional President for Latin America of ENEL Green Power, said that for Mexico “is a strategic market” for that company, as a result of which, “We want to continue consolidating our presence,” given the opportunities for business development currently offered by the electricity sector thanks to the sweeping energy reform.

He said that to date, ENEL has invested over one billion dollars in the country, and confirmed the company’s confidence in Mexico’s potential to create energy from renewable sources such as the high quality wind projects the Mexican market offers private enterprise.

He explained that the plant inaugurated today by President Enrique Peña Nieto required an investment of nearly $160 million USD and consists of 34 turbines with 3 MW each, making them the largest, most modern ones in the country today.

He said that the Southeast I Wind Power Station, Phase II will feed the national grid through the Ixtepec Substation, with an annual output of approximately 390 gigawatts/hour of renewable, clean and sustainable energy, preventing the annual emission of approximately 130,000 tons of CO2 into the atmosphere.