Join us at the 2017 AFPM International Petrochemical Conference

The Wood Mackenzie team attended the AFPM International Petrochemical Conference that took place in San Antonio, 23-25 March 2025. In this insight, we've highlighted key takeaways identified through discussions with various stakeholders in the chemicals industry.

On 24 March, the Yucatán Peninsula experienced a blackout lasting over seven hours. The blackout affected four states—Campeche, Quintana Roo, Tabasco, and Yucatán —and impacted more than 335,000 users during an early spring heatwave that drove temperatures above 40°C (104°F). Mexico’s National Power Utility (CFE) attributed the blackout to poor gas quality and a high water cut. The latter triggered a cascading failure, forcing the electrical system operator (CENACE) to implement load-droppage manoeuvres to contain the event. Join us as we examine the key factors behind this incident and assess the region's current energy landscape. We'll also explore foreseeable development plans and their potential impact on the Yucatan Peninsula's energy security. Our analysis will provide insights into the challenges and opportunities facing the region's power sector.