Mexico Federal District to save costs via clean energy - report
Jun 13, 2014 - Mexico's Federal District considers options to reduce its energy costs through concessions to private investors for clean energy supplies, finance secretary Edgar Amador said in an interview for daily El Universal on Thursday.
The government has chosen the scheme of concessions and long-term power purchase contracts to attract investments.
The administration has already awarded a concession for biogas and also considers wind power and cogeneration plants with a view to entirely supplying the public lighting with clean energy in the medium term.
The biogas, generated at the Bordo Poniente landfill, will fuel power generation for 23 years. The electricity will be cheaper than the price paid currently to state-owned utility Comision Federal de Electricidad (CFE).
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