Arantza Alonso, senior analyst for the Americas at Verisk Maplecroft: “Mexico falls in the high-risk category of Verisk Maplecroft’s Energy Resilience Index, which assesses the risk posed to the availability and continuity of the national energy supply. Among Latin America’s six largest economies, Mexico is the second-worst performer on our index. Recent countrywide power cuts were caused by a surge in demand, exacerbated by extreme heat. This, along with historic water supply lows, aging infrastructure and supply constraints caused by limited generation capacity, resulted in system overloads. The grid was prevented from handling soaring electricity demand. Power failures disrupt industrial and commercial activities, leading to colossal economic losses. An unreliable power supply could deter new investments to the tune of $35 billion, according to the Mexican Confederation of Business Owners (Coparmex). Future blackouts are bound to occur unless substantial investments take place. Mexico needs…”