Mexico Energy Storage New Energy

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4 FAQs about Mexico Energy Storage New Energy

What is Mexico energy storage?

Mexico Energy storage was first included as part of Mexico's long-term policies in the Transition Strategy to Promote the Use of Cleaner Technologies and Fuels published by SENER in 2016.

Will Mexico start energy storage RD&D projects?

The roadmap suggests developing regulations and promoting research, development and demonstration (RD&D) projects, but these proposals have not yet been adopted as a formal policy guideline. Nevertheless, Mexico is expected to start energy storage RD&D projects in the next years.

How can Mexico accelerate investment in energy storage?

Mexico must set a legal definition of energy storage and clear market regulations. As a late mover, Mexico can select projects with less technological uncertainty. Procurement targets accelerate the formation of a storage market in the short term. Financial incentives are necessary to accelerate investment in energy storage.

Where are the new energy projects located in Mexico?

The projects will be located across 11 Mexican states, including Campeche, Hidalgo, Yucatán, Guanajuato, Oaxaca, Tamaulipas, Quintana Roo, Puebla, Veracruz, Zacatecas and Querétaro. From a regional perspective, the Peninsular region received the largest allocation, with 1,419 MW and an investment of USD 2.219 billion.

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