Commodity market report
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22 Pages

Mexico energy markets outlook 2014 - overview


Mexico energy markets outlook 2014 - overview

Report summary

Mexico’s energy profile reflects its economic structure and dependence on international trade. The recently approved energy, referred by President Peña Nieto as the mother of all reforms, effectively opened oil and gas production to private investment for the first time since 1938. His administration proved its political skills, but will not pass the expertise test until secondary legislation is approved by the markets.  

What's included?

This report includes 4 file(s)

  • Mexico energy markets outlook 2014 - overview PDF - 544.17 KB 22 Pages, 7 Tables, 12 Figures
  • Mexico.xls XLS - 953.49 KB
  • (WMAS upload) SupportingCharts Mexico.xls XLS - 1.53 MB
  • Reform summary.xls XLS - 49.50 KB

Description

Due to their sensitivity to political events and the global economy, energy demand and trade remain extremely volatile. The rapidly changing cost environment for hydrocarbon production and renewable energy, combined with energy policy changes, means the fuel mix in energy markets can be unpredictable at best. Further complicating the outlook is the transition and pace of the energy-intensive developing world from industrial to services-based economic growth, supporting the growing need for power generation.

This Energy Markets Long Term Outlook report provides a multi-fuel supply and demand forecast supported by a breakdown of the key facts.

Companies involved in all sectors of the energy industry can use this long term outlook report to assess inter-fuel dynamics and market drivers for strategic planning and investment opportunities. Use it to understand supply and demand fundamentals across hydrocarbon and renewables.

Analysing 92 markets and providing comprehensive coverage of global energy supply and demand, Wood Mackenzie is ideally placed to offer extensive expertise and robust knowledge of the energy markets sector. We write detailed supply and demand forecasts across all fuels and sectors based on our objective, proprietary data.

Whether you want an independent outlook on the market or to screen for opportunities in new markets, we help you understand global energy dynamics so you can shape your corporate strategy with confidence.

  • Executive summary
  • Economic outlook
    • Market structure
    • Short-term outlook
    • Key risks to the outlook
      • Upside
      • In August 2013 President Enrique Peña Nieto proposed a change in Mexico's constitution that will allow private investment in exploration and production of oil and gas for the first time since 1960. The constitution change also opens additional investing opportunities in gas, refined products and the power generation. Oil production has been in decline since 2004, and Pemex, the national oil and gas company, lacks the capabilities to develop more challenging shale and deep-water resources. The proposals involve opening upstream development to private companies, and ending Pemex's monopoly in downstream sectors. Any boost to oil and gas production from the proposed reforms is likely to be slow in materialising, but could provide a sizable boost to long-term economic growth. In addition, oil sales generate around 35% of government revenues; rising production could improve the long-term fiscal position and facilitate much-needed public investment in education and health care.
      • Downside
  • Demand
    • Economic drivers and energy demand
    • Total primary energy demand
    • Energy intensity
    • Industrial and non-energy use
      • Uncertainties
    • Transport
      • Factors affecting transport demand
      • Uncertainties
    • Residential, commercial and agricultural
      • Uncertainties
  • Policy and regulation
    • Energy policy
    • Energy reform
    • Environment and carbon policy
    • Legislation
    • Regulation and authorities
      • Gas sector regulation and organisation
      • Electricity sector regulation and organisation
      • Authorities
    • Subsidies and taxes

In this report there are 19 tables or charts, including:

  • Executive summary
    • Executive summary: Table 1
    • Location map
  • Economic outlook
    • Economic Indicators (2005-2035)
    • GDP per capita (constant 2005 USD)
    • Population by age cohort (million)
  • Demand
    • Demand: Table 1
    • Demand: Image 1
    • TPES by fuel (2005-2035)
    • Electricity intensity (2000-2030)
    • TFC intensity (2000-2030)
    • Demand: Table 2
    • Industrial energy mix (2005-2035)
    • Demand: Table 3
    • Transport fuel mix (2005-2035)
    • Demand: Table 4
    • RCA sub-sector (2012)
    • Residential, commercial and agricultural fuel mix (2005-2035)
  • Policy and regulation
    • Key points of the proposed National Energy Strategy 2013 - 2027
    • Policy and regulation: Table 1
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