NREL: Geothermal Market Assessment Report of Mexico for U.S. companies
Los Azufres III, Phase 1 (Unit 17) geothermal power plant, Mexico (source: ThinkGeoEnergy, creative commons)
Alexander Richter
5 May 2017
The U.S. National Renewable Energy Laboratory (NREL) recently published a great report sharing an overview of the Mexican geothermal energy market and an assessment of business opportunities.
A couple weeks ago the National Renewable Energy Laboratory (NREL) published an interesting report providing an assessment of the geothermal energy market in Mexico.
The report was written to help U.S. companies in the geothermal sector understand potential business opportunities created by recent changes in the Mexican energy market and regulatory environment.
Currently, there are a variety of avenues for private renewable energy companies to sell electricity into the Mexican market. In addition to securing long term PPAs with the federal
government, companies can secure PPAs with local corporate or municipal customers, build turnkey projects for locally active companies, or sell directly into the wholesale electricity market. U.S. companies can also provide a variety of technology products and services for export into the Mexican market.
This report will help U.S. companies identify the many public and private sector stakeholders in the United States and Mexico, which can help U.S. companies navigate the new regulatory and permitting environment, build new partnerships, and identify vehicles for financial assistance and risk mitigation.
Overall, while intended for U.S. suppliers in the geothermal sector, the report is a great source of information on the Mexican geothermal energy market and opportunities for international companies looking at the country for business opportunities. For details see the link to the document below.
Source: NREL, “Mexico’s Geothermal Market Assessment Report” (2017) (pdf)
