CFE

Mexico City. The Federal Electricity Commission (CFE) announced that its subsidiary Generation I obtained income from the sale of energy and power of more than 55 billion pesos.

Manuel Bartlett, general director of CFE, and Emilia Calleja, general director of CFE Generation I, headed the Board of Directors where they presented their main results during 2023 and the relevant projects contemplated for the current year.

Calleja presented the infrastructure projects that will allow it to meet its generation goals and announced the results at the end of December 2023: an energy generation of 34,364 gigawatts. He added that Generation I obtained income from the sale of energy and power of 55,696 million pesos.

He specified that, with the objective of providing availability and generation, Generation I presented its relevant projects: the El Sauz II Combined Cycle Power Plant, which will be located in Pedro Escobedo, Querétaro and will provide an estimated net capacity of 256 megawatts, with an investment of 291.5 millions of dollars.

Another project is the Salamanca Combined Cycle Power Plant, in the state of Guanajuato, which will provide an estimated net capacity of 927 megawatts, with an investment of 627.3 million dollars, both of which are estimated to come into operation this year.

He stated that, regarding the implementation of the hydroelectric plant rehabilitation program, the Infiernillo plant, located in Michoacán, aims to maintain an estimated net capacity of 400 megawatts, with an investment of 15.72 million dollars, and the Caracol, located in Guerrero, to add 30 megawatts whose investment is 97.59 million dollars.

“Manuel Bartlett recognized the work of Emilia Callejas for directing a subsidiary as complex as Generación I and for being a woman committed to the company. This will allow us to continue with the mandate of the president of the republic, Andrés Manuel López Obrador, to fulfill the commitment to enlighten Mexico,” the CFE added in a statement.

During the last government and as a result of all the support that the administration has given to the energy sector, one of the main objectives set at the beginning of the six-year term, rescuing the Federal Electricity Commission (CFE), has been met. assured its general director, Manuel Bartlett Díaz.

“In the last year of this administration, thanks to the permanent support of President Andrés Manuel López Obrador, it can be stated with evidence, data and realities for all to see, that the presidential instruction was fulfilled: rescue the CFE,” said the productive company in a statement released to the media.

The message was presented after the 60th Ordinary Session of the CFE Board of Directors, directed by the president of the Council and head of the Ministry of Energy (Sener), Miguel Ángel Maciel Torres.

“The president of the Council extended congratulations to the CFE for the current management, which in an extraordinary way managed to strengthen it. The substitute director representative of the Single Union of Electrical Workers of the Mexican Republic (SUTERM), Mario Ernesto González Núñez, stated that he has witnessed the before and after of the company with the efforts of the present administration.

At the meeting, Bartlett Díaz dedicated himself to providing a series of data that was previously published by the company.

He highlighted that last year, the CFE achieved a net profit of more than 96 billion pesos and with the improvement of management and the taking advantage of financial opportunities, it allowed us to reduce operating costs by 16 percent, thus achieving a balance positive financial balance of 13,784 million pesos.

He stressed that, in an unprecedented action, during the current government, 36 projects were promoted that will provide a capacity of nine thousand 100 megawatts as a result of a series of investments of around nine thousand 170 million dollars.

At the same time, he stated, with direct and timely supervision it was possible for the Laguna Verde nuclear power plant to achieve its best generation in a year of refueling, and an availability of 90 percent.

He added that another of the priority projects, CFE Internet for all, is on the right track, since there are 34,827 service points with free internet connections in the 32 entities of the Republic.

La Paz, BCS. The Ministry of Finance and Public Credit will transfer 123 million pesos this year, on behalf and by order of the state of Baja California Sur, to the Federal Electricity Commission as a subsidy to domestic use rates in municipalities where the 1F rate does not apply. in this entity, during the summer period.

According to the Official Gazette of the Federation published on April 5, Baja California Sur is added to the states of Baja California, Sonora, Sinaloa and Nayarit, which will receive a subsidy as established in the agreement published on February 22.

In the recitals of the DOF it is specified that the northwest region of Mexico, which includes the aforementioned federal entities, is characterized by being a mainly desert, coastal area and where high temperatures are recorded in summer, which causes an increase in electrical energy consumption. ;

Due to these circumstances, in February 2022, a tariff adjustment was made in said region due to high electricity consumption in summer, which significantly impacted the economy of its inhabitants.

This generated discontent and protests among the population, since their ability to pay for the electricity supply was affected.

The above forced the Federal Executive to intervene to help the population, and introduce different support schemes or special subsidies for electricity rates granted by state governments with resources provided by the Ministry of Finance and Public Credit, which were applied through of the Federal Electricity Commission.

Articles 6 and 7 of the Federal Electricity Commission Law establish that the parastatal company may enter into all types of acts, agreements and contracts with the federal government, in accordance with commercial and common legislation.

In this way, on February 22, 2024, the agreement granting a subsidy to the federal entities of Baja California, Sonora, Sinaloa and Nayarit was published in the DOF.

Although the state of Baja California Sur is part of the Northwest region of Mexico, it was not included in that agreement, so Governor Víctor Manuel Castro Cosío began negotiations with the President of the Republic, Andrés Manuel López Obrador, to that it was incorporated.

As a consequence, the DOF of this April 5 establishes that since Baja California Sur is a federal entity in the Mexican northwest, “it is necessary to grant it a subsidy to cover the debts derived from the support for electricity rates for domestic use in said federal entity. .

“In this sense, for domestic users in all municipalities of the state of Baja California Sur where the 1F rate does not apply, the estimated amount of rate support for that federal entity that could be applied in a rate support agreement in 2024 “It would be approximately 123 million pesos.”