Electricity Generation Guaranteed in Mexico Until 2010

President Vicente Fox has confirmed that Mexico has a guaranteed electricity supply until 2010, with a growing demand expected in the next decade. Fox pointed to the El Cajon hydroelectric power station as an example of innovative private investment in power generation. The president also highlighted significant progress in increasing electricity generation, from 204 terawatts in 2000 to 244 terawatts in 2004, benefiting almost 97% of Mexican homes.

Key Takeaways:

Electricity generation in Mexico is guaranteed until 2010, with a growing demand expected in the next decade.
The demand is calculated to grow by 65% in the next decade.
Private investment is being used to complement public efforts in power generation, including the El Cajon hydroelectric power station in Nayarit.
Between December 2000 and the end of 2004, electricity generation increased from 204 terawatts to 244 terawatts.
Almost 97% of Mexican homes have electricity, leaving 3% without access, which requires attention and effort.
The president met with workers from the Comision Federal de Electricidad (CFE) to discuss these efforts.
The El Cajon hydroelectric power station is an example of innovative private investment in power generation.

Statistics:

Electricity generation increased from 204 terawatts in 2000 to 244 terawatts in 2004, an increase of 20% (244 - 204 = 40, then 40 / 204 = 0.196 or 20%).
Almost 97% of Mexican homes have electricity, meaning 3% do not have access.
The demand for electricity is expected to grow by 65% in the next decade.
The El Cajon hydroelectric power station is being built in Nayarit.

Sources:

Notimex/Corporate Mexico by Internet Securities, Inc. via COMTEX (http://www.comtexnews.com)