Updated Aug 22, 2024
8/22/24
Emilia Esther Calleja, an electrical engineer with over two decades of experience at the state utility, will be the new CEO of Mexico’s Comisión Federal de Electricidad (CFE.)
Mexico’s President-elect Claudia Sheinbaum has yet to articulate a clear natural gas and energy policy, according to a veteran in the nation’s energy sector.
On Sunday, June 2, Mexicans are headed to elect a new president at a time when the country has experienced nationwide power outages throughout May due to unseasonable heat and a surge in electricity demand.
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.
Duke Energy Corp. is awaiting approval from regulators for updated Carolinas resource plans to increase natural gas generation, fueled in part by the Mountain Valley Pipeline LLC (MVP) system, which would transport more Appalachian supply to southeastern markets.
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.
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.
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.
“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.
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.