Mexico’s Presidential Frontrunner Sheinbaum Seeks 50% Renewable Generation By 2030

If elected, Mexican presidential candidate Claudia Sheinbaum would seek to increase the country’s renewable electricity generation to as much as 50% of the national grid by the conclusion of her term in 2030, industry members familiar with the plans told NGI’s Mexico GPI.

The ambitious goal for renewable energy generation would represent a dramatic shift in policy from the current administration of Andrés Manuel López Obrador, who has favored hydrocarbons production by the state-owned oil producer Petróleos Mexicanos (Pemex) and constructed a multi-billion dollar refinery as one his administration’s landmark projects.

In comments made to members of the Mexican Solar Energy Association (Asolmex) and the Mexican Wind Energy Association (Amdee) recently, the leaders of...