$12 BILLION has been earmarked for investment in transmission in the PRODESEN 2017-2031.
Mexico's transmission network is under pressure due to the rapid expansion of the country's generation fleet. Since 2000, the country's generation capacity has doubled to over 73,000 MW, according to SENER.
Even more, Mexico is expected to add 7 GW of new generation worth $8.6 billion as a result of its first three long-term electricity auctions, and install an additional 55.8 GW of generation capacity worth $97 billion by 2031. Of this, 63% of the new capacity will be renewable generation.
The increase in the number of clean energy plants - such as gas, combined cycle, wind, and solar - added to the growing current electricity demand requires a transmission extension of the electric grid, with the northeastern, northern, northwestern and southeastern transmission systems most vulnerable to becoming saturated.
But these are long distances. For cable connections beyond 40 km, HVDC is likely to be the only technical solution because of the high charging current of an AC cable, and proven solutions are needed.
Solving these bottlenecks will decrease long-term uncertainties for the development of new generation projects in these regions, strengthen the national grid, and reduce the cost of electricity to improve the competitiveness of local industry.
It is time for Mexico to transition to a 21st-century electric power system. HVDC technology will be at the forefront of solutions for this.
Join the 2nd annual HVDC Energy Highways 2018 Mexico conference this October 24, 2018 in Mexico City, Mexico and reveal the best practices that specifically fit Mexico’s context to design, finance, build, and operate HVDC transmission systems!
View 2017 Conference Video