A new study takes a look at using the benefits of electric utility deregulation to increase trade and investment between the U.S. and Mexico. Published by the Salt River Project, or SRP, and the Comision Federal de Electricidad, the study aims to help companies understand the legal and regulatory regimes of the two countries and the potential opportunities to buy and sell power across the border via high-voltage interconnections. Others involved with the study included the
U.S. Agency for International Development, Price Waterhouse and Bechtel. Copies of the report, which will be discussed at an October symposium in Phoenix, can be obtained by calling (602) 236-5828.
In an unrelated matter, SRP selected Diebold Inc. to provide "automated utility transaction terminals" to help cut costs and enhance service. When installed, the nine, Phoenix-area terminals will allow SRP customers to pay utility bills 24 hours a day. SRP hopes to cut by a third the 100,000 customers who opt to pay bills in person.
The Mexican Energy Regulatory Commission awarded the first private-sector license to build and operate a natural gas system in northern Mexico. The system will be built by a consortium called Distribuidora de Gas Natural, made up of Enova International, Pacific Enterprises International and Proxima Gas S.A. de C.V. The partners expect to invest about $50 million and serve at least 50,000 customers in the first five years of the project.