NAFTA was both good and bad for Mexico. In both cases, it required a different approach to doing business, and the effects of that shift are still playing out.
The cost of poor company knowledge management is high and getting higher. Managing knowledge in an era of compartmentalization and specialization is more difficult when organizations face layoffs, looming retirements, and the scarcity of trained, qualified workers.
Do your employees really know what’s going on with your company? Don’t be worried that they can’t handle the truth. Here’s why it works to create a culture of corporate transparency—starting now.
Mexico’s federal government retains almost total control over who builds and owns what electricity infrastructure. But if you know how to work within the strict constraints, it is possible to engage in profitable projects.
Mexico has already developed substantial large hydro and geothermal resources. However, without policy changes and government-sponsored financial incentives, unconventional renewable sources are taking the equivalent of baby steps.
Mexico enjoys considerable fuel diversity for powering its generating plants, and its goal is to become even more diversified.
Mexico, one of the few countries in Latin America that has resisted the tide of liberalization, retains a monopolistic state player in the electricity market. In treading its own path by maintaining the government’s predominance in the sector, Mexico has an important question to answer: Is this path sustainable?
For the past 26 years, Cambridge Energy Research Associates (CERA) has hosted an annual CERAWeek conference in Houston that is renowned for high-profile attendees from around the world. During the week of March 8, security was tight as oil ministers from the Middle East and CEOs from the largest oil and gas companies and electric utilities rolled into Houston to exchange ideas and forecasts. More than 1,200 delegates from 55 countries attended to hear more than 100 distinguished speakers discuss a business that seems to have renewed optimism about the future.
How much will a smart grid cost? It’s a question that has gained importance in light of massive cost overruns for one highly touted U.S. project.
The power industry needs a straightforward definition of "fleet optimization" and a game plan to achieve the promised economic gains of optimizing. This need has become more urgent because integrating nondispatchable renewable resources requires more complex optimization strategies. The bottom-up approach presented here applies well-understood optimization principles and techniques that will help power producers minimize their fleetwide cost of production, independent of the technologies used to generate electricity.