|Year:||2008 (November 29th)|
|Policy status:||In Force|
|Date Effective:||2008 (November 29th)|
|Policy Type:||Regulatory Instruments, Regulatory Instruments>Other mandatory requirements, Economic Instruments>Fiscal/financial incentives, Policy Support>Strategic planning, Policy Support>Institutional creation|
|Policy Target:||Wind, Geothermal, Solar, Hydropower|
|Policy Sector:||Electricity, Framework Policy|
|Size of Plant Targeted:||Small and Large|
|Agency:||Secretariat of Energy (SENER)|
At the end of 2008, a law on renewable energy utilization and energy transition financing (LAERFTE) was adopted in Mexico, compatible with the existing Law of Public Electricity Service. This law was last reformed in January 2012.
The law is meant to define and regulate the use of RE for power production and establish a set of instruments such as a Special Programme, an Energy Transition Strategy and an Energy Transition Fund, among others.
The 2011 reform also establishes maximum targets of fossil generation in the total power mix by the year 2024, 2035 and 2050. Energy targets: 65% of fossil generation by 2024; 60% by 2035 and 50% by 2050.
Finally, this law states that it is mandatory for the Energy Secretariat to develop a National Renewable Energy Inventory to provide reliable information on renewable energy resources in Mexico.
|Related policies:||Grid interconection contract for renewable energy (Contrato de interconexión para fuente de energía renovable)|
Last modified: Tue, 20 May 2014 15:18:15 CEST