Mexico
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Gas
U.S. LNG Exports Surge in 2016—But Not Where They Were Expected [Updated]
The U.S. took a big step toward becoming a major exporter of liquefied natural gas (LNG) in 2016 as Cheniere Energy’s Sabine Pass export terminal in Louisiana came online early last year and upgrades to the Panama Canal that opened in June made shipments to the Pacific region considerably easier. Data from the Department of […]
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Legal & Regulatory
Mexico Makes Rapid Progress on Energy Reform
Barely a year after Mexico launched a wholesale market with retail competition as part of a wide-scale reform of its power sector, the country has managed to implement a transparent system that is attracting investment. Mexico has also expanded its grid and deployed notable amounts of renewables that are producing power at unprecedented low prices, […]
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Gas
Tightening Market Boosting Gas Prices as Exports Boom
The U.S natural gas market may be poised for a return to its traditional volatility as record power burn and rapidly growing exports are colliding with flat production, analysts are beginning to warn. After years of growth from hydraulic fracturing, production in April 2016 fell year-over-year for the first time since 2006, according to the […]
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Legal & Regulatory
U.S., Canada, Mexico Commit to 50% Carbon-Free Power by 2025
The U.S., Mexico, and Canada today announced an unprecedented goal to procure 50% of North America’s total power generation from renewables, nuclear, carbon capture and storage (CCS), and energy efficiency technologies by 2025. President Obama, Prime Minister of Canada Justin Trudeau, and the President of Mexico Enrique Peña Nieto, announced the continental goal, part of […]
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Coal
Nieto: Mexico’s Energy Transition Will Persevere Despite Dismal Oil Prices
Mexico’s ongoing energy reform is a “paradigm shift” in the way the country obtains, transforms, and exploits its energy resources, President Enrique Peña Nieto told attendees at IHS CERAWeek on February 22. The reform allows the state to maintain ownership of hydrocarbons underground, but it also encourages private participation in the entire hydrocarbon value chain […]
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Renewables
Reports: Renewables Were Revived in 2014
Despite plunging oil prices, 2014 was a formidable year for renewables, according to two reports released in early 2015. According to the “Global Trends in Renewable Energy Investment 2015”—the annual report prepared by the United Nations Environment Programme (UNEP), the Frankfurt School-UNEP Collaborating Centre for Climate & Sustainable Energy Finance, and Bloomberg New Energy Finance—energy investments […]
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Legal & Regulatory
Mexico’s Electricity Sector Reform in Perspective
Much has been made recently of Mexico’s energy sector reforms, and because those reforms are still in being implemented, it can be useful to compare their progress with the outcome of previous reforms in Latin America. (A condensed version of this material appears in the January 2015 print issue of POWER: “Can Mexico’s Electricity Reform […]
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Gas
Can Mexico’s Electricity Reform Deliver on Its Promise?
In 2013 the Mexican government passed historic reforms that eliminated the state’s monopoly on the energy sector in an effort to attract private investment. In the electricity sector, reform was sold on the
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Legal & Regulatory
ERCOT Concerned, Faces Power Shortages in Lower Rio Grande Valley
The Electric Reliability Council of Texas (ERCOT) completed an evaluation of a plan to export power to Mexico from the Frontera Generation Station, located in Mission, Texas. Although the results indicated that the power system could operate effectively during normal conditions without Frontera’s capacity, ERCOT says it has concerns with power supply sufficiency and transmission […]
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Legal & Regulatory
Mexico Embarks on Historic Energy Reform
Mexico’s much-awaited constitutional energy reform, passed on Dec. 12 by the federal congress and a week later by the required majority of state congresses, could spark increased private participation in
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