Science


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Mexican president calls for steps to keep power prices low

"We are urging companies that have agreements with the Federal Electricity Commission (CFE) to come together to review contracts and above all to reach an agreement that electricity prices will not increase," Lopez Obrador said during his morning press conference. The president, a leftist who took office in December, pledged during the campaign to strengthen the CFE and avoid energy price hikes during his term. Lopez Obrador noted that the state-owned utility is already contractually obliged t...
Tags: Science, CFE, Lopez Obrador, Federal Electricity Commission CFE


Mexico's President wants private energy firms not to hike electricity prices

MEXICO CITY (Reuters) - Mexico's President Andres Manuel Lopez Obrador said on Monday he wants to revise the contracts that private energy companies have with state-run power utility CFE and reach an agreement with those firms so they do not hike electricity prices. "We are looking to achieve a voluntary restructuring of agreements and commitments within the framework of the law ... The Mexican government is committed to not increase electricity prices for consumers, but we want private comp...
Tags: Science, Mexico, Mexico City, Reuters Mexico, CFE, Andres Manuel Lopez Obrador, Lopez Obrador


Mexico wants firms to revise contracts so electric rates don't rise

Mexican President Andres Manuel Lopez Obrador said on Monday he wants to revise the contracts that private energy companies have with state-run power utility CFE so they do not hike electricity prices. "We are urging companies that have agreements with the Federal Electricity Commission (CFE) to come together to review contracts and above all to reach an agreement that electricity prices will not increase," Lopez Obrador said during his morning press conference. "We are looking to achieve a vo...
Tags: Science, Mexico, CFE, Andres Manuel Lopez Obrador, Lopez Obrador, Federal Electricity Commission CFE



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