Blackouts already affecting industrial sector in Nuevo Leon

Friday, 23 June 2023 00:43:26 (GMT+3)   |   San Diego
       

Nuevo Leon, the largest industrial economy in Mexico, is already experiencing negative effects from unexpected power cuts, costing more than $14,000 per hour to the manufacturing companies of the state, published the newspaper El Norte.

"The blackouts and intermittencies in the electricity supply due to the heat wave cost MXN 250,000 pesos ($14,200, at today's exchange rate) per hour on average to companies from various sectors," the newspaper reported, citing the general director of the Association of Maquiladoras and Export Manufacturers of Nuevo Leon (better known as Index Nuevo Leon), Zelina Fernandez

This business association brings together companies covered by the government's Program for the Manufacturing, Maquiladora and Export Services Industry (IMMEX) such as the automotive industry.

In Nuevo Leon, as throughout the country, the industrial sector suffers the negative effects of the lack of investment in infrastructure by the state-owned Federal Electricity Commission, the monopoly entity for energy generation and distribution in the country.

Given the high temperatures in the country, the demand for electrical energy is very close to generation, with a surplus margin of 6.0 percent, a figure that contrasts with the optimal level that must be at least 20 percent.

According to Fernandez, blackouts cause delays in production processes and damage production machinery and equipment. This breaks some supply chains just in time.


Similar articles

Mexican Tyasa begins construction of 400,000 mt SBQ mill

14 May | Steel News

Mexican industry players are concerned about constant blackouts ahead of summer

14 May | Steel News

Mexican production of heavy trucks down 14.8 percent in April

13 May | Steel News

Taiwanese LemTech inaugurates its first plant in Mexico

13 May | Steel News

Production of basic metal in Mexico falls 24.9 percent in March

13 May | Steel News

91 percent of creditors support AHMSA, judge grants extension in bankruptcy

10 May | Steel News

Mexican domestic scrap prices - week 19, 2024

10 May | Scrap & Raw Materials

Austrian Abner will invest $30 million in a second plant in Mexico

10 May | Steel News

Scrap demand might increase in Mexico with possible new investments

10 May | Steel News

Auto parts production in Mexico up 13 percent to $10.38 billion

10 May | Steel News