Louise Goeser, CEO of Siemens Mesoamerica, reported that this project could boost industrial investments in that area by 25%, as well as the emergence of new generation plants.

It is expected that this month the federal government, through the Federal Electricity Commission (CFE) will present the bidding rules, which will be public and international.

This first energy highway will consist of 600 linear kilometers that will transport 3 thousand megawatts of high voltage direct current from Oaxaca to Mexico City, with an estimated investment of 1.7 billion dollars, which will start operating in 2020.

The HVDC technology is characterized by reducing up to 8.0 losses in fluid transmission and light power in relation to traditional technology, equivalent to 82 megawatts, as well as a reduction in cost.

The foregoing will significantly offset the energy transmission losses of 13.1% according to CFE estimates during 2015, equivalent to economic losses of 42 thousand 246 million pesos to the country.

In addition to improving the stability of the network to prevent power cuts and significantly reduce emissions of polluting gases, added the executive.

In this context, “the energy highway will be the spearhead to insert Mexico into the new paradigm of global economic infrastructure, driven by the Energy Reform,” Goeser reported.

The CEO of Siemens explained that the Energy Reform allows the sector to open to private investment and the use of new technologies for the exploitation of non-conventional sources.

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It also allows the improvement of infrastructure and increased efficiency in the generation and distribution of electricity, which significantly reduces the country’s energy costs, he explained.

Siemens is supporting the modernization of the generation network infrastructure of Mexico through its solutions for electrification, automation and digitalization.

Louis Goeser recalled that recently, Siemens delivered the first converters of 1,100 kilovolts (kV), link for the largest and most powerful high-voltage DC transmission in the world, which will transmit 12 gigawatts (GW) from Changji to Guquan in China .

For its part, in 2010, Inefe awarded Siemens the construction of the underground electric interconnection line between Spain and France, a project that increased the energy exchange capacity to 2,800 megawatts of direct current to 320 kilovolts.