Enel and Mexico’s electricity research institute Instituto de Investigaciones Eléctricas (IIE) are to cooperate on smart grids under a memorandum of understanding signed yesterday.

The MOU also covers geothermal generation.

Through the agreement the two parties will cooperate to exchange information and experiences in smart grids and geothermal generation by means of pilot projects, training programs and technology transfers in the respective areas of interests.

“We are very pleased with this agreement, through which we can share with the Mexican government our undisputed know-how in these two areas,” commented Enel CEO Fulvio Conti at the signing. “With regards to smart grids, we were the first company in the world to install large scale deployment of smart metering system and today Enel is the leading coordinator of the EU Address project seeking solutions to integrate energy customer demand.”

The Mexican government aims at implementing smart grids projects in the country to improve efficiency and the quality of the service.

Diversification in power generation is also key to strengthen the security of the supply by means of increasing the contribution of renewables to the country’s fuel mix.