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Energy
Loss as a Competitiveness
Indicador,
Luz y Fuerza del Centro
1997-2007 |
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lot
has been said about the surprising decision to close-down Luz y
Fuerza del Centro, the state owned
utility that had been operating with recognized losses during many
years. Compaņia de Luz y Fuerza del Centro was born with a germ of
self-destruction from the moment it was incorporated in
1995.
The circumstances that led to this
Presidential Decree to liquidate of the state owned utility,
definitive now, are not surprising. The company had refused to
close-down in spite of its eminent trend to disappear since its
structure was just obsolete
and this eminent action had been put off by its Union for political
reasons.
The process will obviously be
complex and it will lead to all types of misleading, confusing and
non-accurate information. The process can be contaminated by
political problems that can generate fear and foster anarchy;
therefore, it is important for the population to stay calm and bear
with this governmental action that is aiming to tilt the balance of
power in favor of the Mexican citizens.
We should also point out that this
measure is looking forward to fostering productivity in a sector
which shows disadvantages when compared with other sectors of the
economic activity and that, due to barriers set up by the Union
(SME), showed an alarming crisis of competitiveness. Luz y Fuerza
was not a profitable entity resulting into an unsustainable burden
to the government and the Mexican population who were the main
victims for having to withstand the constant abuse and low quality
service offered by the company.
We shall now wait for the measures
and their application. We will see if the liquidation and possible
re-hiring of an important number of workers under new working
conditions of the now extinct Luz y Fuerza del Centro,
provides a breath of fresh air for the other state owned utility,
Comision Federal de Electricidad that is now the hegemonic supplier
of electricity around the country.
We will have to see if this adjustment can
be useful and can motivate other unions to fire up the engines in
order to review, analyze and pinpoint opportunity areas where they
can improve for their own benefit, for their customers and the
weighed down economy that is looking for new horizons that can lead
to new opportunities for economic, political and social
sustainability.
