Mexico capacity and power auctions supported by clean energy certificates
|Name of policy||Mexico capacity and power auctions supported by clean energy certificates|
|Region|| North America
|Subnational region or state||—|
|City or local||—|
|Type of policy instrument|
|Policy description|| The constitutional reform approved at the end of 2013 and the associated secondary legislations adopted in August 2014 and 2015 provide for a fundamental transformation of Mexico’s energy sector. On the basis of those legislative changes Mexico created a wholesale power market with a system of capacity and power auctions in which renewable energy technologies can take part and are additionally supported by Clean Energy Certificates (CLEs).
Clean energy quota is of 5% of electricity consumption between 2015 and 2018. Penalty for non-compliance with this quota is between USD 30-250/ MWh.
|Date of decision||2016|
|Start date of implementation||—|
|End date of implementation||—|
|High impact||GHG reduction|
|Source or references||http://www.iea.org/policiesandmeasures/pams/mexico/name-160912-en.php?s=dHlwZT1yZSZzdGF0dXM9T2s,&return=PG5hdiBpZD0iYnJlYWRjcnVtYiI-PGEgaHJlZj0iLyI-SG9tZTwvYT4gJnJhcXVvOyA8YSBocmVmPSIvcG9saWNpZXNhbmRtZWFzdXJlcy8iPlBvbGljaWVzIGFuZCBNZWFzdXJlczwvYT4gJnJhcXVvOyA8YSBocmVmPSIvcG9saWNpZXNhbmRtZWFzdXJlcy9yZW5ld2FibGVlbmVyZ3kvIj5SZW5ld2FibGUgRW5lcmd5PC9hPjwvbmF2Pg,,|
|Is supported by policies|
|Comments (background and assessment)||—|