Mexico will sell power to Los Angeles
Electricity will be generated at Mexico's Cerro Prieto geothermal power plant in Mexicali and then sold to the Los Angeles Department of Water & Power, according to the memorandum of understanding signed by Los Angeles Mayor Antonio Villaraigosa and Mexico's Federal Electricity Commission Chief Alfredo Elias Ayub.
How much power will be generated and sold was not disclosed.
Mexico's commission said it recently signed a similar deal with Belize and is close to finalizing another power sale agreement with Guatemala, bringing its foreign power sales to $100 million by the end of 2010.
The Mexican utility said its goal is to "diversify the sources of electricity generation" and reduce emissions of pollutants and greenhouse gases.
Related News
FPL Proposes Significant Rate Hikes Over Four Years
MIAMI - Florida Power & Light (FPL), the state's largest utility provider, has submitted a proposal to the Florida Public Service Commission (PSC) seeking a substantial increase in customer base rates over the next four years. The plan outlines a total rate hike of approximately $9 billion from 2026 through 2029, driven by factors such as rapid residential growth and the necessity to diversify energy generation sources.
Rationale Behind the Rate Increase
FPL's request is primarily influenced by Florida's robust population growth. Since 2021, the utility has added about 275,000 customers and projects an additional 335,000 by the end of…
