Nuclear Energy and the United States-Mexico 123 AgreementProject and Supply Agreement • August 2nd, 2019
Contract Type FiledAugust 2nd, 2019Mexico’s nuclear program dates back to the 1950s with research being performed at universities around the country and the creation of the Comisión Nacional de Energía Nuclear (CNEN) by presidential decree in 1956 under the conviction that peaceful nuclear energetic and non- energetic applications could contribute to scientific and technological development of Mexico. In 1970, the Mexican Government opened bidding for two 654 Mwe nuclear power reactors. In 1974, an agreement was reached with the U.S. company General Electric to build two boiling water reactors (“BWR”), Laguna Verde I and II, to be located at Alto Lucero on the Gulf Coast of Mexico, 70 kilometers north of the city of Veracruz.