As part of a historic restructuring of its electrical power sector, Mexico will create a market for tradable Clean Energy Certificates, which many industry participants will be required to obtain. Draft guidelines proposed by the Mexican Ministry of Energy set forth the criteria for granting these clean energy certificates, a framework for buying and selling them, and a procedure for establishing the obligations of market participants to obtain the certificates. Final guidelines will be issued shortly.
One of the objectives of the Mexican energy reform is to promote the use and development of clean energy. In 2012, Mexico set a goal of obtaining 35 percent of its electricity from clean sources by 2024.
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