EconomyEnergy supply is vital to attract investment, says Imco

Energy supply is vital to attract investment, says Imco

Any city that wants to position itself in the world of investment as a leader in innovation and technology will face challenges such as providing energy to the sector for its development.

“Innovating has energy costs and that is a challenge for Mexico City, in itself for any city that wants to position itself as a leader in innovation, innovation processes are normally linked to more sophisticated technological processes, technology is associated with greater energy consumption”, explained this Thursday Valeria Moy, director of the Mexican Institute for Competitiveness (Imco).

The specialist pointed out that the greater energy consumption demands the search for fossil and non-fossil fuels, for which the conditions of the country and of Mexico City must converge to offer energy generation as an attraction for investment.

“What is important is to understand that if we want to be an attractive city for investment, especially in investment that becomes remuneration, the most sophisticated investment, the one that changes technological factors, needs energy, and right now the CDMX needs to stay at the forefront of infrastructure all the time and that is very expensive and very inconvenient, a complicated issue, from the public administration, “said Moy when participating in the Mexico City Investment Fair.

Luis Godoy, a member of the Global Economic Intelligence Unit of the Ministry of Economy, stressed that the issue of trademark and patent registrations also plays into the offer for investments, but in Mexico little is addressed, despite the fact that it is vital for digitization issues.

He explained that the Ministry of Economy is working so that dual training programs are found, and there is a greater link between companies and educational institutions.

This is how the light bulb was invented

History tells us that the famous inventor Thomas Alva Edison was the inventor of the light bulb, which is not true. Many searched for it and quite a few got it, but Edison was the one who turned that invention into a money-making machine.

Science by the sea

Do you know why wet sand is darker than dry sand? Or why sandcastles stand? And don't you think it's strange that we dry the wet sand by stepping on it?

Why does Iberdrola ask its customers in France to find a new electricity supplier?

High prices and extreme volatility in energy markets force us to transfer costs to clients when we make new contracts, a spokesperson for the Spanish company explained.

Edison vs Tesla: the current wars

In the late 19th century, Tesla, Edison, and Westinghouse were locked in a battle for commercial dominance in electricity called the Power Wars.

The man who created life with electricity

Who does not remember Frankenstein's monster, who was revived thanks to the electricity of lightning? During the 19th century many scientists searched for ways to create life using the newly discovered electricity. And one believed to achieve it.