CFE vows 99.9% electricity coverage for Mexico by 2030

Mexico’s state-owned utility CFE announced an ambitious electrification target. The company aims to provide power to 99.9 % of the population. The goal is set to be achieved before the year 2030. The announcement was made during Wednesday’s mañanera briefing. Expanding coverage is intended to reduce gaps in electricity access. CFE said the plan will involve new generation and distribution projects. Meeting the target could boost economic development across the country. Officials will monitor progress as the 2030 deadline approaches.