Mexico’s Presidential Hopeful Bets on Natural Gas and Solar ...Middle East

Economy by : (OILPRICE) -
The frontrunner in Mexico’s next presidential elections, Claudia Sheinbaum, will invest billions in new natural gas generation capacity and solar power, Bloomberg has reported, citing a plan presented to local business leaders. The plan also includes upgrading hydropower capacity and expanding Mexico’s grid with 3,850 km of new transmission lines. Sheinbaum will also continue supporting state-owned oil major Pemex but will not focus on this as exclusively as incumbent Andres Manuel Lopez Obrador does. Her energy plan will cost…

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