By Adina Moloman
Sources: CNN Expansion, New Energy Connections
Mexico is showing the world that it is adopting a resource rich, low carbon country strategy with real economic gains, as well as environmental and social benefits.
Following its strategy, a few days ago Mexico’s Comision Federal de Electricidad (CFE) confirmed the construction of the Mexico’s first wave power station. The plant will be located at Rosarito on the northwestern coast of the state of Baja California.
Mexico’s Comision Federal de Electricidad, Mareomotrices de Energías Renovables (Marersa), Integragas Telcorz and Grupo Nuhe are finalizing an agreement which will form the basis for the development of CFE’s first wave generated electric energy project. According to the chief financial officer of Mexico Corporation Marersa , they gain the contract for 71, 5 million MXP.
The project is implemented with the participants’ technology. A wave power station is based on the technology which converts the energy in ocean waves into electricity.
The Rosarito wave power plant is due for completion on December of the current year, expected to be operating in early 2013. The wave plant in Rosarito will be connected to the CFE’s power substation, Rosarito I, by a 600 meter subterranean electric power line.
Rated at an expected 3 MW.
The wave energy plant will result in a relevant decrease in fossil fuel generation, equivalent to tones of reduction in emissions of carbon dioxide into the atmosphere every year.
This is considered as a pilot program, and if the results are satisfactory, a commercial power plant will be constructed in futures years.
Trends in sustainable energy investments are continuing to grow in Mexico hoping to surpass investments in fossil fuel generation due to the government plan of pursuing green economic initiatives.