Mexico Electricity Demand Outpacing Infrastructure, Warns Think Tank
Mexico’s electricity infrastructure is not keeping pace with rising demand, according to new analysis by the Instituto Mexicano para la Competitividad (IMCO) think tank.
Mexico’s electricity infrastructure is not keeping pace with rising demand, according to new analysis by the Instituto Mexicano para la Competitividad (IMCO) think tank.
Mexico’s Comisión Federal de Electricidad (CFE) has won an arbitration case against Whitewater Midstream LLC related to Winter Storm Uri.
Natural gas futures shot above $3 in early trading Monday before falling back to earth as record hot forecasts for June got outweighed by concerns that the production spigot could soon be widening again.
Mexico’s Centro Nacional de Control del Gas Natural (Cenagas), operator of the Sistrangas natural gas pipeline network, is offering 657,405.773 GJ, or 631 MMcf/d, of firm natural gas transport capacity to interested shippers through an open season.
With a blanket of heat stalling over the southern part of the country, market bulls maintained control, pulling prompt-month natural gas futures past previous resistance in early Monday trade.
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.
North American natural gas prices continued to be in rally mode, with prices moving in the direction of $3.00/MMBtu Thursday amid hot weather and high demand.
Mexico’s presidential election was on Sunday (June 2), with far-reaching implications for the natural gas market. For longer term trends in the Mexico natural gas market, NGI reviewed some of the first quarter of 2024 earnings calls of key players in the industry.
Mexico’s growing natural gas market remains plagued by a lack of competition, transparency and connectivity, according to Gadex’s Eduardo Prud’homme, co-founder of the energy consultancy.
Mexico’s Claudia Sheinbaum swept to victory in the general election on Sunday, becoming the nation’s first female president in a historic vote that saw her Morena party strengthen its grip on the country’s political establishment.