electricity

If U.S. natural gas infrastructure is not expanded to meet growing demand, prices would escalate and more electricity generation is likely from renewables, coal and nuclear sources over the next three decades, according to federal researchers. In the U.S. Energy Information (EIA) Annual Energy Outlook 2022 (AEO2022) issued in March, the reference case – the…

Eurasia Group senior analyst Carlos Petersen forecasts that the Mexican electricity reform has very low odds of approval. The bill “would have to be modified and considerably different than it is currently to have any chance of approval,” Petersen told NGI’s Mexico GPI. The constitutional reform is set to be voted on in the nation’s…

“One scenario to consider is if the electricity proposal is really something that will be voted on in the senate and the congress and that the government seeks to approve it, or if it’s actually just a political instrument that’s being used,” said Susana Ivana Cazorla Espinosa, founder and partner at SICE nrgy in Mexico…

“I think emphasis on how the electricity reform proposal could affect small to midsized Mexican businesses is a key point to be addressed and discussed,” Paolo Salerno, founding partner of the firm Salerno and Associate Experts in Energy, told NGI’s Mexico GPI.  Salerno added: “I think the impact of the proposal on small to midsize…

“I think people are in for a very big surprise if they allow the Mexican government to monopolize the electricity sector; it’s simply not going to do Mexicans any favors in terms of efficiency, competition, low prices, or capital investment,” Tony Payan, Director of the Center for the United States and Mexico at Rice University’s…

Fuel costs for generating natural gas- and coal-fired electricity surged in 2021 but should taper off in the coming years, the International Energy Agency (IEA) predicted in its latest semi-annual Electricity Market Report. “Sharp spikes in electricity prices in recent times have been causing hardship for many households and businesses around the world and risk…

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. The year 2022 is littered with risk for economic activity in Mexico. The persistence of an inflationary environment, the expectation of meager…

California Gov. Gavin Newsom unveiled his proposed 2022-2023 budget proposal to continue confronting the state’s “greatest existential threats” – the pandemic and climate change – while bolstering economic growth. Specifically for energy, Newsom’s ambition under his California Blueprint is to create “an oil-free future” for California by reducing the state’s reliance on fossil fuels while…

For this upcoming year, Mexico President Andrés Manuel López Obrador’s proposed constitutional energy reform – whether it gets enough votes to pass or not – will set the tone of his political agenda, according to analysts and experts in the field.