Overview
- The federal government publicly launched the Plan de Generación on June 24, committing to add about 32,000 megawatts of capacity to 2030 with an estimated 739,000 million peso investment and a stated goal that roughly 70 percent of new capacity be renewable.
- Officials say the move will increase the public share of generation to about 61 percent by 2030 with the CFE participating in roughly 79 percent of new capacity while keeping ownership of the plants.
- The CFE highlighted two priority projects: the Oasis system in Mulegé with 72 MW solar, 20 MW battery storage and green hydrogen capacity and the Puerto Peñasco plant that will reach 1,000 MW of solar plus 246 MW of storage when complete.
- Government leaders rejected that the country faces generation shortfalls and attributed recent multi-day local outages to distribution failures, yet regions such as Monterrey and parts of Yucatán continue to report interruptions, protests and disruptions to daily life.
- Implementation will combine CFE-funded, private and mixed public-private schemes with storage, green hydrogen and five new combined-cycle plants for 9,900 MW of firm backup capacity and will require parallel upgrades to transmission and distribution networks to deliver the new power to users.