Industry Crossroad to Be Debated at Mexico Energy Forum 2022 ECHO

Mexico’s energy industry faces a crossroad. As the world’s leading and emerging economies join forces toward achieving ambitions climate goals, Mexico’s domestic energy policy has strengthened its bet on fossil fuels as the main source for power production. Although Mexico has committed to the Paris Agreements and has recently emphasized its intentions to collaborate with its North American partners, in practice, the government has remained reluctant to change its bet on state-owned companies to achieve energy security.

As the sector debates opportunities and risks surrounding the country’s energy transition, spaces that promote dialogue, cooperation and networking are fundamental for the industry’s future success. These topics and more about the current state of the Mexican energy sector and the trends that lie ahead will be discussed by decision-makers and key players at Mexico Energy Forum 2022 ECHO. The forum will be preceded by Mexico Natural Gas Forum 2022, a unique opportunity to discuss relevant issues surrounding Mexico’s main fuel for power production.

Natural gas is positioned as the key fuel globally for the success of the energy transition, but geopolitical conflicts have sparked uncertainty regarding its supply. Therefore, the forum will zoom in on this fuel and in the technologies that propel its implementation in industrial processes. Technologies like liquefied natural gas (LNG) and green hydrogen go hand in hand with innovation in the industry. Recently, state utility CFE has signed agreements with Canada’s TC Energy to develop new LNG and pipeline infrastructure. Meanwhile, Mexico’s Hydrogen Association (AMH2) has sought out new partnerships abroad to promote green hydrogen projects.

Moreover, in the next months, Mexico’s energy industry will face uncertainty, as its North American partners, the US and Canada, have officially filed for consultations under the USMCA to review Mexico’s energy policy. If an agreement is not achieved by late September, an official international arbitration panel will decide on the matter, exposing Mexico to potentially harmful tariffs for. During Mexico Energy Forum 2022 ECHO, key stakeholders will share their insight regarding these issues, making the forum an event you will not want to miss.

Mexico Business is proud to extend an invitation to the first edition of the Mexico Natural Gas Forum, on Sept. 6, 2022, and the eleventh edition of the Mexico Energy Forum 2022, on Sept. 7 and 8, 2022. Throughout the three-day event, the industry’s most important leaders, investors, and decision-makers will gather to discuss the sector's future and develop new business opportunities.