Wind Energy Market andOpportunities in MexicoFebruary, 2013Finpro Mexico
Wind Energy – Current status in Mexico                •    General Law on Climate Change (Ley General de Cambio Climático)...
Wind Energy – Capacity                •     Wind energy capacity increased 598% between 2008-2012                         ...
Regions with the highest wind power potentialThere are several large areas with favorable                                 ...
Wind power projects in operation                                                               Wind Power Projects in Oper...
Wind Energy – Companies in MexicoWind Energy Supply Chain                                    •       Some of the main wind...
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Wind energy market and opportunities in mexico

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Finpro presentation material in Wind Power Opportunities in Latin America seminar, Vaasa 14.02.2013

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Wind energy market and opportunities in mexico

  1. 1. Wind Energy Market andOpportunities in MexicoFebruary, 2013Finpro Mexico
  2. 2. Wind Energy – Current status in Mexico • General Law on Climate Change (Ley General de Cambio Climático) was implemented in October 2012 • A goal of cutting greenhouse gas emissions by 30% below business-as-usual levels by 2020, and 50% by 2050 • Calls for a major increase in the use of clean energy sources to generate up to 35% of electricity • In 2012 the installed capacity of operating wind power reached 1,215 MW (compared to 519 MW in 2010), of which only 7% is operated by the Mexican Federal Electricity Commission CFE (government monopoly), while the rest is operated through licensees under self-sufficiency, small producers and independent producers contracts. • Investment in wind power in Mexico increased 68% between 2010 and 2011 • In July 2012, Gamesa Corp. Tecnologica SA (Spain) completed a 74MW wind power farm in Oaxaca for Italy’s Enel Green Power SpA at an estimated cost of US$160m • In October, three new wind farms (La Venta III, Oaxaca I and Piedra Larga) with a combined capacity of 390MW became operational. • Mexico has wind energy potential of 71,000 MW (Considering production factors equal or above 20% according to SENER and IIE) and accounts for more than the entire SEN current installed capacity. However, only 17% of this potential is currently used. • Estimated wind power production Mexico by 2025 is 12 GWSources: Renewable energy world.com, Renewable Energy Mexico.com, Promexico18/02/2013 © Finpro 2
  3. 3. Wind Energy – Capacity • Wind energy capacity increased 598% between 2008-2012 Installed wind power capacity in Mexico (2005 – November 2012) Accumulated installed capacity New installed capacity during the yearSource: Mexican Association of Wind Power18/02/2013 © Finpro 3
  4. 4. Regions with the highest wind power potentialThere are several large areas with favorable • Isthmus of Tehuantepec (Oaxaca): it is the location of most of Mexico’s wind parks. Theyconditions for wind farm development with high have a capacity of 1,174 MW in operation. Also,capacity factors and mean annual wind speeds there are seven projects under construction, withabove 8 m/s; some of them as high as 11 m/s a total estimated capacity of 1,248 MW. Due to the excellent wind conditions, it is projected that this region has a potential of more than 40,000 MW.11 • The Rumorosa (Baja California): It has a wind potential that exceeds 5,000 MW. There are currently three projects under construction with a total installed capacity of 102 MW. • The coast Gulf of Mexico: Currently, there are currently projects under construction for a total of 225 MW in the states of Tamaulipas and Veracruz. • In the Northern and Central Region: Nuevo León has installed 274 MW that will begin operations during the next two years. San Luis Potosí has a wind power station under construction and it will have a capacity of 200 MW. • The Yucatán Peninsula: it has wind potential because of its excellent wind flows on the coast of Quintana Roo and Cozumel Island.Sources: Mexican Institute of Electric Investigation (2010), Global Wind Energy Council Annual Report 2011, Promexico18/02/2013 © Finpro 4
  5. 5. Wind power projects in operation Wind Power Projects in Operation in Mexico Situation in December 2012 Projects in Operation in State of Oaxaca Project Developer Turbines Start of Operation MW in operation in 2012 Sale CFE (Federal Comission of Electricity) Vestas 1994 1,6 Sale II CFE (Federal Comission of Electricity) Gamesa 2006 83,3 Ecological parks in Mexico Iberdrola Gamesa 2009 79,9 Eurus, phase I Cemex/Acciona Acciona 2009 37,5 Eurus, phase II Cemex/Acciona Acciona 2010 212,5 Bii Nee Stipa I Iberdrola Gamesa 2010 26,35 La Mata - La Ventosa Electrica del Valle de Mexico EDF-EN Clipper 2010 67,5 Ishtmus Wind Power Peñoles Clipper 2011 50 Ishtmus Wind Power II Peñoles Clipper 2012 30 Sale III CFE/Iberdrola Gamesa 2012 102 Oaxaca II, II, IV CFE/Acciona Acciona 2012 306 Oaxaca I CFE/EYRA Vestas 2012 101 Bii Nee Stipa II Gamesa/ENEL Gamesa 2012 74 Piedra Larga Phase I Renovalia/DEMEX Gamesa 2012 90 Bii Nee Stipa III Gamesa/ENEL Gamesa 2012 70 Total MW: 1331,65 Projects in Operation in other States Project State Developer Start of Operation In operation in 2012 La Rumorosa I Baja California Government BC 2010 10 Arriaga Chiapas Group Salinas 2012 28,8 Total MW: 38,8Source: Mexican Association of Wind Power18/02/2013 © Finpro 5
  6. 6. Wind Energy – Companies in MexicoWind Energy Supply Chain • Some of the main wind farm developers in Mexico are Iberdrola, Acciona, EDF, Renovalia, Eyra, GSEER, Mcquaire (Preneal), Enel, Next Energy de México, Geomex, Sempra Energy. • The leading companies in wind equipment manufacturing are: Acciona, Vestas, Gamesa, Clipper and Siemens. • There’s also some local manufacturing of components such as structural towers and turbine blades (e.g. Trinity Industries, Mitsubishi and VienTek) • Several international companies like Vestas, Gamesa and Acciona have preliminarily shown interest in installing manufacture in Mexico in the near future • Also some Mexican companies (e.g. Macimex) from other sectors have shown interest in starting manufacture within this booming industry • A rule on national production will most likely be applied in near future: Source: Promexico, Revista Eólica de Vehículo Eléctrico, • 20% of wind mill parts must be produced in Mexico 18/02/2013 © Finpro 6

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