Weekly Report - 18 June 2020 (WR-20-24)

MEXICO: Government taken to court over ‘electrolinazo’

A Mexican court has agreed to hear the case brought by two private electricity generation firms against the exorbitant increases in the fees that the state-owned electricity company, Comisión Federal de la Electricidad (CFE), can charge private firms to use its transmission lines to access the national grid. The fee increases have been approved by the energy regulatory commission (CRE). But business organisations have accused the government led by President Andrés Manuel López Obrador of trying to impose an ‘electrolinazo’ illegally designed to increase the price of renewable electricity generation artificially in the latest attempt to reduce competition for the CFE to the detriment of the overall market.

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