The Mexican government announced in late 2014 that it is going to implement a new energy policy that would open up the electricity market for oil and gas. However, the benefits of the new policy have trickled down to renewables, most notably wind power. The policy liberalizes all of the energy sectors and ends state-owned power utility Federal Electricity Commission's (CFE) monopoly on power generation and trading. The Mexican government is aiming to create a wholesale electricity market with the decision. According to statistics from the U.S. Commercial Service (USCS), installed wind power capacity in Mexico is projected to double by 2026 with an emphasis on clean energy and natural gas.
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