4 FAQs about Selling outdoor power in Mexico

Why did Mexico Open a wholesale electricity market in 2016?

At the beginning of 2016, Mexico's power market was opened for wholesale trading for the first time in almost 70 years. By moving government units and creating company independence, the Mexican energy reform enabled the electricity market to open up to private investors to increase market competition and build a wholesale market.

What is the power market like in Mexico?

The Mexico power market demonstrates moderate concentration: CFE holds more than half of the installed generation, Iberdrola, Enel, Acciona, and Sempra Infrastructure collectively add 18%, and the next 15 producers share the remainder.

What is the future of power generation equipment in Mexico?

The market for power generation equipment in Mexico is estimated to increase 1.05 percent from 2022-2023, while exports from the United States to Mexico are expected to increase 0.93 percent.

What makes Mexico a strong solar market?

Solar PV already totals 10.67 GW and is projected to surpass 27 GW by 2030, keeping Mexico among Latin America's most dynamic solar markets. Wind additions are also rising, led by Sempra Infrastructure's 320 MW Cimarron farm backed by a 20-year PPA that signals deep market confidence.

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