“It appears the demand for electricity is beginning to grow again as the economy recovers and that, if there is a sudden spike in demand, for example, the supply isn’t going to be there to meet it,” Víctor Florencio Ramírez, directing partner at Mexico City-based consultancy Perceptia21 Energía, told NGI’s Mexico GPI. “We’re going to have a country with serious problems in some areas and regions, specifically where there are energy shortages, and these will likely be accompanied by outages and blackouts.”

Ramirez

He added: “In 2022, similar to previous years, it seems inevitable that we will see some problems arise due to lack of supply. The red lights, or at least the yellow lights, are flashing, and yet it appears little is being done to prevent such an event and that...