Comisión Federal de Electricidad

• Existing measures to cajole companies to decarbonise, with subsidies for renewable energy and carbon taxes, have failed to prevent global emissions rising.
• State-owned energy firms that search for, produce and refine fossil fuels are among the most polluting organisations in the world.

A blessing or a curse?

• But ownership of a polluting, state-owned firm also creates conflicting incentives within and across different branches of a government.
• The ability of governments to use state-owned firms to tackle climate change depends on various governance issues within the state bureaucracy.

• State-owned utilities such as the Federal Electricity Commission in Mexico and Eskom in South Africa have previously defended their energy market monopolies against smaller competitors – in some cases, preventing more decentralised renewable energy generation.
• State-owned firms can exploit their close contact with policymakers to do this, and may even refuse to sign purchasing agreements with independent power generators.

State-owned firms and emissions

• Cap-and-trade regulations compel firms to buy carbon emission allowances and pay fines if they exceed them.
• Under a cap-and-trade system designed to limit the total amount of pollutants a company can emit, firms can also sell unused allowances.
• Take the EU Emissions Trading System (ETS): state-owned companies within it have lower emissions than their equivalents elsewhere that are not covered by such schemes.

• Governments that publicly commit to cap-and-trade or similar carbon pricing schemes have stronger incentives as a result of public pressure to ensure state-owned firms reduce emissions, compared with governments that opt out.
• Namely, that they constitute a means of tying a government’s reputation to emissions reduction, and so create incentives for that government to get serious about the emissions of its state-owned firms.

Don’t have time to read about climate change as much as you’d like?
Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 30,000+ readers who’ve subscribed so far.

• Aldo Musacchio is affiliated with the National Bureau of Economic Research (NBER) as a Research Fellow.
• He also receives funding from the World Bank and the Inter-American Development Bank for projects associated with state-owned enterprises.

• Over the past two years, GenCell's products have been deployed at numerous substations across Mexico, delivering exceptional performance and results.
• This broadly distributed implementation offers demonstrated proof of GenCell's tested capability to supply power solutions that are both resilient and long-duration as well as zero-emission.
• GenCell is honored to announce a repeat order from CFE valued at ~$4.5 million for the supply and delivery of mutiple additional GenCell systems and services.
• The current deal was signed after CFE held another tender to purchase additional backup power equipment and selected GenCell's local partner in Mexico as its winner.

• VANCOUVER, British Columbia, Dec. 28, 2022 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) reports that it has received confirmation from Fresnillo Plc (“Fresnillo”), the operator of the Juanicipio Project (the “Project” or “Juanicipio”), that final testing of the downstream power distribution and control systems at the Project is now complete.
• The entire system has now been energized and Juanicipio has been connected to the national power grid.
• We have been advised that this concludes the additional testing requested by the state-owned power company, CFE (Comisión Federal de Electricidad), to verify compatibility between new and updated substation equipment installed by Fresnillo on behalf of Fresnillo and MAG Silver as part of the Project, and existing older CFE infrastructure.
• “We now turn to working with Fresnillo to maximize value generation from Juanicipio as we head into ramp-up and full-scale operations with Juanicipio graduating into a Tier-1 silver producer.”
  Commissioning of the Project, initially with low-grade stockpiles is envisioned.

• Based on the fuel type, the natural market segment accounted for the leading share in the market.
• Natural gas is commonly utilized in engines to generate power since that burns cleaner and emits less carbon than other fuels.
• Natural gas capsules are available from many distribution providers in rural locations when gas delivery networks do not exist.
• The publisher has segmented the gas engines market report based on fuel type, power type, application, end-use industry, and region:
  Gas Engines, Fuel Type Outlook (Revenue - USD Billion, 2018 - 2030)