Mexico Energy Review 2021

Page 5

1

State of the Industry Following three successful long-term electricity auctions, renewable energy seemed all but unstoppable in Mexico. In 2018, however, a new administration came to power, bringing a new vision and political change, and affecting energy industry stakeholders. Nevertheless, the first steps toward achieving Mexico´s climate goals have been taken, and renewable energy is expected to be part of the country’s energy mix for the long run. The largest portion of the renewable projects launched by the electricity auctions are up and running, while others are still in various stages of development. Outside these auctions, renewable energy use is growing in the C&I segment, with a particular focus on distributed generation. Natural gas remains crucial to Mexico’s energy mix, demanding greater strategy regarding its production, transportation and distribution. Furthermore, the stability and reliability of the grid finds itself under close examination. Further investments in the area will be needed, and technological developments will be key to enhancing Mexico’s transmission and distribution network. State of the Industry presents the voices of key industry leaders, who are closely involved in Mexico’s energy development, and paints a clear picture of the current landscape and its opportunities.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.