LATIN AMERICA ADVISOR

Energy ADVISOR

A daily publication Of the dialogue

November 22, 2024

What Does a Major Energy Reform Entail for Mexico?

Mexican President Claudia Sheinbaum will oversee the implementation of the country’s most substantial energy legislation in more than a decade. // File Photo: Mexican Government.

Q

A

Rolando Fuentes, nonresident scholar at the Baker Institute’s Center for the U.S. and Mexico: “Mexico’s constitutional energy reform represents a significant move toward increased state control over the energy sector, which may prioritize state-owned entities at the expense of private participation. While the reform seeks to bolster national energy sovereignty, it could undermine efforts to expand Mexico’s renewable energy capacity by creating a less flexible and less competitive market environment. The rigid allocation of generation capacity and the cap on renewables may impede Mexico’s transition to a sustainable energy future. Strengthening state-owned companies should be a secondary goal in energy policy…”

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ABOUT THE Energy ADVISOR

A sister publication of the Inter-American Dialogue’s daily Latin America Advisor, the weekly Energy Advisor captures fresh analysis from business leaders and government officials on the most important developments in oil and gas, biofuels, the power sector, renewables, new technologies, and the policy debates shaping the future of energy in the Western Hemisphere and beyond. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

Subscribers

Staff

Gene Kuleta
Editor
P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David
Goette-Luciak
Reporter

Nili Blanck
Reporter

board of advisors

Nigel Blackaby
Global Head, International Arbitration Group,
Freshfields Bruckhaus Deringer

Jimena Blanco
Chief Analyst,
Verisk Maplecroft

María José Cortés
Head of ESG,
Atlas Renewable Energy

Jeffrey Davidow
Senior Counselor,
The Cohen Group

Analia Gonzalez
Leader, Arbitration & Litigation,
Laitn America, BakerHostetler

Jonathan C. Hamilton
Partner,
White & Case

Raul Herrera
Partner, Corporate &
Securities Practice,
Arnold & Porter

James R. Jones
Chairman,
Monarch Global Strategies

Jorge Kamine
Partner, Corporate &
Financial Services,
Willkie Farr & Gallagher

Craig A. Kelly
Senior Director,
Int’l Government Relations,
Exxon Mobil

Jeremy Martin
Director,
Energy Program,
Institute of the Americas

Larry Pascal
Chairman, Americas
Practice Group,
Haynes & Boone

R. Kirk Sherr
President,
Clearview Strategy Group

Daniela Stevens
Director,
Energy Transition and Climate Program,
Inter-American Dialogue

Doris Rodríguez
Partner,
Hunton Andrews Kurth

Alexandra Valderrama
Director,
International Government
Affairs, Chevron

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