electricity

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. On the last day of January, Mexico’s Supreme Court delivered a verdict that could potentially end President Andrés Manuel López Obrador’s efforts…

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…

Mexico could have a good year in 2024 despite a degree of uncertainty in Latin America, according to analysts at New York City-headquartered political risk consultancy Eurasia Group. The analyst team led by Latin America managing director Daniel Kerner highlighted Mexico President Andrés Manuel López Obrador’s high and stable approval ratings, “based on a solid…

“Investor confidence has to be reestablished through clear policies and mechanisms that are maintained and upheld over an extended period of time,” Sofía Tamayo Gutiérrez, Institutional Relations & Regulatory Affairs director at Kino Energia told NGI’s Mexico GPI. For the incoming government, “I would say: stability and legal certainty, the promotion of renewable energies and…

Several utilities released extensive plans to grow natural gas generation, expand pipelines and add LNG storage across the country to meet a wave of demand, executives said during the recent third quarter conference calls.  Many utilities have filed integrated resource plans (IRP) with state regulators that outline the role natural gas would play to ensure…

Mexico’s transmission lines and electric power grid are insufficient to meet growing power demand across the country and require new investment, Edith Rojo Zazueta, an industrial engineer who worked previously at Mexico’s Comision Reguladora de Energia (CRE) told NGI’s Mexico GPI.  During her time at the CRE from 2021 to August of this year, Rojo…

California regulators have proposed fining Pacific Gas and Electric Co. (PG&E) $45 million for damages related to the Dixie Fire, the state’s second largest wildfire ever. The Dixie Fire erupted in Butte County, CA, in the summer of 2021 after a tree fell on a PG&E powerline. The fire burned through 963,000 acres in five…

North American policymakers need to focus on ensuring energy adequacy along with improving coordination between the natural gas and electric power industries, according to a new analysis. In the 2023 Reliability Risk Priorities report, the North American Electric Reliability Corp.’s (NERC) Reliability Issues Steering Committee (RISC) found that a fast changing energy system has “implications…

Mexico is at a pivotal moment as it gears up for an election next year amid a global rearrangement of supply chains. Ensuring reliable and affordable energy is key to the nation’s success and proposed LNG exports plans, but requires more progress, said participants at the Mexico Gas Summit in San Antonio, TX last week.…