Analysis
Mexico has set itself the legally binding requirement of increasing the amount of electricity generated from nonfossil fuels to at least 35% by 2024.
Insight
Carlos García
General Manager
Mexico Drilling International
“Drilling exploration wells requires high capital investment, a willingness to take risk, and the patience to develop a project”
The government must include nuclear energy in its energy plans, because even given the potential of hydro, wind and geothermal, backup from nuclear…
Insight
José Raúl Ortiz
President
Mexican Nuclear Society (SNM)
“Laguna Verde has been operating for more than 20 years but many people do not know about it."
Analysis
The private sector has played an important role in the construction of new generating capacity, selling the energy produced to CFE through IPP scheme
In Mexico, the demand for natural gas increased consistently during the 2000-2011 period, with an average annual growth rate of 5.7%.
Insight
Technological advancements in drilling and hydraulic fracturing have allowed access to large volumes of shale gas that were uneconomical to produce.