Mexico is located in the north of South America, the north border of the United States, the south and west side to the foreshore of the Pacific Ocean, southeast of the Caribbean,border of Belize and Guatemala, the eastern part of the Gulf of Mexico. Mexico open the electricity market in 2015, a large number of renewable energy power generation projects tender emerged in the market, development of renewable energy in Latin America is promoted, The cost for wind power and solar energy connected to public grid reach a new low.

1.Policy

The main laws and regulations relating to Mexican wind power and photovoltaic power generation are:

First,The Special Program for the use of Renewable Energies is the main guidance document for the Mexican government in the field of wind power and photovoltaic power generation. Its main objectives are as follows:

1. Increase the installed capacity and power generation of renewable energy.

2. Increase investment in the construction of renewable energy power generation in government and private sectors.

3. Increase the installed capacity of biomass power generation.

Second, the "Guidelines establishing and issuing Clean Energy Certificates", which identifies the conditions for access to renewable energy certificates, is designed to encourage renewable energy to generate electricity and reduce policy implementation costs. Each renewable energy certificate corresponds to 1MWh of renewable energy. For power generation enterprises that fail to meet the number of renewable energy certificates, they will be fined $ 30 to $ 250 per megawatt. In the first batch of renewable energy bids in 2016, the government issued up to 6 million certificates to increase the install capacity of 2,500 MW of renewable energy.

In addition, the Mexican government has adopted the following subsidy policy:

When the renewable energy power generation is in short supply (requires full power generation), the government subsidizes; conversely, when renewable energy power generation is oversupply (no full load is needed), renewable energy power generation needs to pay the grid. The government made a set of price reference criteria to adjust subsidies, which were developed by the Mexican Energy Control Center (CENACE) based on electricity supply and demand forecast and average marginal price.

2.Future planning

According to the "Electricity Development Plan 2016-2030", wind power capacity will be increased from 3860.7MW in 2016 to 15101.1MW in 2030, the capacity of photovoltaic power will grow from 1031.2MW in 2016 to 6890MW in 2030.