The Americas Energy

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With installed capacity of 2600 MW in wind and 55 MW in solar power plants, Mexico generates around 10% of its energy with non-hydro renewables, but it aims to produce 35% of its energy from clean sources by 2024.

 

How do local content laws affect competiveness?

 

The initial phase of the energy reform’s legal and institutional framework has been concluded. During this process, the Federal Executive Council, Congress, political parties and the media, as well as academic, social and business sectors, have had a dialogue on how to transform the industry in order to allow technical, financial and human...

 

With more than 6% of Mexico’s GDP coming from oil and gas, and 1.8% from the utilities sector, energy is one of the most important components of the economy. Historically, the country has been largely dependent on its oil exports, which have made up a large part of the public budget for several decades. Nonetheless, the decline in production...

 

How will the planned company reforms change Pemex’s corporate structure?

 

Since the release of the energy reform in December 2013, the Mexican energy sector has been on the rise. Little by little the rules have been set to turn a closed sector with two state-owned giants – Petróleos Mexicanos (Pemex) and the Federal Electricity Commission (Comisión Federal de Electricidad, CFE) – into a modern-day open market.

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