The Children's Investment Fund Foundation (CIFF) will provide up to $3.9 million to the 21st Century Power Partnership to create and operate a platform for power sector technical support for the Mexican federal government. This program will help Mexico achieve secure, reliable, and clean electricity as part of its energy reform agenda.
The 21st Century Power Partnership is an initiative of the Clean Energy Ministerial, a global forum to encourage and facilitate the transition to a global clean energy economy.
"The Children's Investment Fund Foundation is working with the 21st Century Power Partnership to help strengthen Mexico's efforts towards being a leader in the field of renewable energy with a modern and efficient energy system," Kate Hampton, Executive Director, Climate Change for CIFF said. "We believe that reliable, clean power can help drive large-scale, sustainable development over time and is therefore essential for improving the lives of children in emerging economies."
"The investment by the Children's Investment Fund Foundation in the 21st Century Power Partnership builds off of our thought leadership in power sector transformation; it allows us to expand our technical assistance our international network of power system experts to strengthen and support Mexico's power sector," Doug Arent of the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) said.
NREL and its institutional partner, the Joint Institute for Strategic Energy Analysis, act as operating agent of the Power Partnership and will manage the new program. "This work also leverages the Power Partnership's experience on similar activities in India and South Africa," Arent said.
"Mexico is embarking on an ambitious energy reform and is committed to become a global clean energy leader," Leonardo Beltr�n, Deputy Secretary for Energy Planning and Transition, Mexico Secretariat of Energy (SENER) said. "We welcome CIFF and the 21st Century Power Partnership as partners in this process."
The activities in this program have been developed in partnership with key stakeholders from the Mexican energy system, including the Secretariat of Energy (SENER), Federal Electricity Commission (CFE), Energy Regulatory Commission (CRE), and Electricity Research Institute (IIE). The CIFF funding will be spread over a three-year period.