Mexico’s liberalized energy markets present huge potential
for wind and solar. But how do Mexico’s reforms fit into the wider energy
picture?
By the end of 2018, Mexico's oil and gas industry will be
completely open to private investment from domestic and foreign companies
across the value chain — from oil exploration to gas stations. Since
liberalizing its energy markets Mexico has become something of a model for
countries that wish to encourage investment, innovation and competition across
their energy sectors.
2018 is also the year that Mexico’s market for clean energy
certificates (CECs) comes on line: a key plank in the country’s transformative
and highly ambitious law on renewable energy. Published in 2012, the law
confirmed Mexico’s intention of increasing the amount of electricity generated
from clean energy sources, including nuclear energy, to 35 percent by 2024 and
to 50 percent by 2050.
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