section_path: Economy/Energy
section_name: Energy
paragraph_text: Energy
  
  Energy production in Mexico is managed by the state-owned companies Federal Commission of Electricity and Pemex. Pemex, the public company in charge of exploration, extraction, transportation, and marketing of crude oil and natural gas, as well as the refining and distribution of petroleum products and petrochemicals, is one of the largest companies in the world by revenue, making US$86 billion in sales a year. Mexico is the sixth-largest oil producer in the world, with 3.7 million barrels per day. In 1980 oil exports accounted for 61.6% of total exports; by 2000 it was only 7.3%. The largest hydro plant in Mexico is the 2,400 MW Manuel Moreno Torres Dam in Chicoasén, Chiapas, in the Grijalva River. This is the world's fourth most productive hydroelectric plant.
  
  Mexico is the country with the world's third-largest solar potential. The country's gross solar potential is estimated at 5kWh/m daily, which corresponds to 50 times the national electricity generation. Currently, there is over 1 million square meters of solar thermal panels installed in Mexico, while in 2005, there were 115,000 square meters of solar PV (photo-voltaic). It is expected that in 2012 there will be 1,8 million square meters of installed solar thermal panels. The project named SEGH-CFE 1, located in Puerto Libertad, Sonora, Northwest of Mexico, will have a capacity of 46.8 MW from an array of 187,200 solar panels when complete in 2013. All of the electricity will be sold directly to the CFE and absorbed into the utility's transmission system for distribution throughout their existing network. At an installed capacity of 46.8 MWp, when complete in 2013, the project will be the first utility-scale project of its kind in Mexico and the largest solar project of any kind in Latin America.