'Mexican auctions dispelled the myth of expensive renewables'

After Mexico’s competitive tenders destroyed preconceptions of expensive renewables, the local wind industry believes that in 2018 the government should focus on bringing down the two main barriers to the development of the sector – transmission grid bottlenecks, and clearer social and regulatory clarity.

“The urban legend that renewables are very expensive has been taken down by the Mexican auctions, which saw some of the lowest prices in the world,” the executive director of the Mexican Wind Power Association (AMDEE) Hector J Treviño tells Recharge.