opened the 7th International Conference on Renewable Energies MEXIREC in Mexico. On the margins of the conference, the high-ranking steering committee of the German-Mexican Energy Partnership also met for the second time.
This year, Mexico is hosting the International Conference on Renewable Energies, which is organised by the Renewable Energy Policy Network for the 21st Century (REN 21 e.V.) every two years and funded by the Federal Government.
State Secretary Rainer Baake from the Ministry for Economic Affairs and Energy said: “After concluding the Paris Agreement, it is now all the more urgent to transform our high-emission energy systems all over the world. Germany and Mexico are among the top countries in the world driving the global . Mexico is currently thoroughly reforming and modernising its energy system. We in Germany are very well aware of the challenges that this entails. I am pleased to work with our Mexican colleagues to address the global challenges of the 21st century such as combating climate change and ensuring a sustainable energy supply. In this context, the German-Mexican Energy Partnership is an important vehicle for dialogue.”
At the second high-level steering group meeting of the Energy Partnership, State Secretary Baake and his Mexican counterparts decided to start cooperation on the and on the integration of variable into the grid. They further agreed to work together on boosting energy efficiency measures in industry and on reducing inefficient subsidies for fossil fuels.
For a year now, Mexico has been conducting tenders for clean energy in the Mexican electricity sector. In the first two calls for tenders, very low prices were achieved for renewable energy (wind energy and photovoltaics), with an average award price of USD 47.7 per MWh of wind energy and USD 33.5 per MWh of solar energy. The investment expected to come from both tenders amounts to USD 6.6 billion. The Mexican Ministry of Energy expects to see similar record numbers in the third call for tenders.