Insight
Mexico gas and power markets: 2020 year-in-review
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
2020 was fraught with many challenges. The combination of the global pandemic and regulatory hurdles for renewable energy generation fuelled uncertainty last year, causing turmoil in Mexico’s energy markets. When the lockdown restrictions and social distancing measures peaked during April and May, gas demand and power loads collapsed. Although clear signs of recovery became visible in June, the year ended with a 7% decrease in gas needs and a 2.5% decline in electricity requirements. In this insight, we explore 2020's continued regulatory uncertainty and the coronavirus impacts on gas and power markets.
Table of contents
- Executive summary
- Coronavirus douses the flames
- Lockdown sinks energy load and local marginal prices
- Regulatory uncertainty on the rise
- Closing 2020: national blackout
- A challenging recovery phase
Tables and charts
This report includes the following images and tables:
-
Mexico’s historical gas supply and demandMexico 2020’s year-over-year load changeMexico’s monthly average local marginal price by region (2017 – 2020)Hourly generation by region (27-29 December 2020)
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Mexico gas, power, and renewables 10-year investment horizon outlook 2025
An updated and more focused view for the next ten years, with new data to the mid-century.
$8,000
Market Report
Mexico, Central America and Caribbean solar PV market outlook 2025
This regional report assesses the 10-year outlook for solar PV power development in Mexico, Central America and the Caribbean.
$5,990
Market Report
Mexico, Central America and the Caribbean wind power outlook 2025
This regional report analyses our 10-year outlook for onshore wind development in Mexico, Central America and the Caribbean.
$5,990
