12/20 Closing Prices / revised 12/20/2024 21:59 GMT |  12/19 OPEC Basket  $72.88 –$0.45 cents 12/20 Mexico Basket (MME) $64.69 +$0.04 cents   11/30 Venezuela Basket (Merey)  $59.58   +$1.28 cents  12/20 NYMEX Light Sweet Crude  $69.46 +$0.08 cents | 12/20 ICE Brent $72.94 -$0.06 cents 12/20 Gasoline RBOB NYC Harbor  $1.942 +1% | 12/20 Heating oil NY Harbor  $2.234 -0.3% | 12/20 NYMEX Natural Gas $3.75 +4.60% | 12/20 Active U.S. Rig Count (Oil & Gas) 589 = 0| 12/20 USD/MXN Mexican Peso  $20.0745 (data live) 12/20 EUR/USD Dollar $1.0430 (data live) | 12/23 US/Bs. (Bolivar)  $51.35980000 (data BCV) | Source: WTRG/MSN/Bloomberg/MarketWatch/Reuters

Mexico, US Working in the Sonora Plan, a Clean-Energy Hub Along Border, AMLO Says -Bloomberg

Andres Manuel Lopez Obrador. ‘Sonora Plan’ to involve five solar plants, lithium production. Looking to rehabilitate car plants for electric vehicles (Bloomberg)

Max de Haldevang, Bloomberg News

MEXICO CITY
EnergiesNet.com 11 01 2022

 Mexico and the US are working on ambitious plans to turn parts of the border region into a clean energy hub, replete with solar and wind plants, lithium mining and electric vehicle factories, President Andres Manuel Lopez Obrador said Monday.

Mexico is looking to build five large solar plants, to help remodel car factories for electric vehicles and produce batteries and semiconductors in the state of Sonora, which shares nearly 600 kilometers (370 miles) of border with the US, Lopez Obrador, known as AMLO, said at a daily press conference. 

“Mexico has a real future due to this because it has unbeatable conditions,” Lopez Obrador said. “In just one state it has all these possibilities.”

Lopez Obrador is hoping for US help with the “Sonora Plan,” which he said President Joe Biden might sign in a visit to Mexico in December or January. 

Mexico has also been working with Biden’s top climate diplomat John Kerry, who made the latest of several trips to Mexico last weekend, on a “really, really very important” plan to “generate more wind and solar energy and to drive the modernization of hydroelectricity,” Lopez Obrador said, giving few details on the project. 

Lopez Obrador said he is examining a lithium mining concession given to Chinese firm Ganfeng Lithium Co. before Mexico nationalized its resources of the metal. “We are looking at this because we want the law to be applied. They can say it’s not valid to apply it retroactively, but lithium now belongs to the nation, to Mexicans,” he said.

Ford Motor Co. and other car companies with plants in Mexico are interested in the idea of converting their factories to make electric vehicles, Lopez Obrador said.

bloomberg.com 10 31 2022

Share this news


 EnergiesNet.com

About Us

 

By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas,
Renewables, Climate, Technology, Politics and Social issues

Contact : editor@petroleuworld.com


CopyRight©1999-2024, Petroleumworld.com
, EnergiesNet.com™  /
Elio Ohep – All rights reserved
 

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission fromPetroleumworld or the copyright owner of the materia

 

Energy - Environment

No posts found!

Point of View

EIA Total Energy Review
This Week in Petroleum