Energy Transition Law Mexico 2015
|Name of policy||Energy Transition Law Mexico 2015|
|Region|| North America
|Subnational region or state||—|
|City or local||—|
|Type of policy instrument|
|Policy description|| Minimum share of clean energies in power generation of 25 % by 2018, 30 % by 2021, 35 % by 2024 (as stipulated in the Climate Change Act).
To qualify as clean energy, the resources should have emissions of below 100 kg/MWh (including CCS). Electricity producers and suppliers will have the obligation to meet clean energy targets. These targets can be partially mate (50%) through trading of Clean Energy Certificates (CECs). Fines are set in place for those who do not comply with the law. Through this law, the National Commission for Efficient Use of Energy (CONUEE) was created to provide scientific information and advice, and draft the Energy Strategy and the National Programme for Sustainable Energy Use. A program to support the modernization of the grid is also established, and health and environmental costs are internalized into the operations costs assessments.
|Date of decision||2015|
|Start date of implementation||—|
|End date of implementation||—|
|High impact||GHG reduction|
|Source or references||http://www.diputados.gob.mx/LeyesBiblio/pdf/LTE.pdf|
|Is supported by policies|
|Comments (background and assessment)||—|