Commodity Market Report

Political and regulatory uncertainty: Mexico gas, power, and renewables long-term outlook H1 2019

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Entering 2019, political and regulatory uncertainty remains a major question going forward. Major backbone pipeline expansions, originating in southern and western Texas, have faced double-digit months-long delays. At various times, AMLO’s administration has expressed renewed interest in domestic coal generation, revitalizing hydropower, a ban on domestic oil and gas fracking, a redefinition of Certificados de Energias Limpias (CEL) to include CFE’s legacy hydro and nuclear plants, all while cancelling the fourth long-term power generation auction (the primary mechanism for bundling CELs). This Mexico power long-term case represents a continuation of codified market reforms, but today's political reality poses a material risk to the forecast.

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  • Gas Markets
  • Power Markets

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    Political and regulatory uncertainty Mexico gas power and renewables long term outlook H1 2019.pdf

    PDF 3.60 MB

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    LTO_H1_2019_Power_Load_Forecast_Mexico_07_01_2019.xlsx

    XLSX 100.63 KB

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    LTO_H1_2019_Power_Prices_Sparks_IHR_Darks_Nominal_Mexico_07_01_2019.xlsx

    XLSX 1.29 MB

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    LTO_H1_2019_Power_Prices_Sparks_IHR_Darks_Real_Mexico_07_01_2019.xlsx

    XLSX 2.91 MB

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    LTO_H1_2019_Gas_Demand_Breakout_Mexico_07_01_2019.xlsx

    XLSX 854.42 KB

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    LTO_H1_2019_Gas_Price_Outlook_Mexico_07_01_2019.xlsx

    XLSX 210.38 KB

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    LTO_H1_2019_Gas_Supply_Breakout_Mexico_07_01_2019.xlsx

    XLSX 1.15 MB

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    LTO_H1_2019_Power_Supply_Demand_Energy_Mexico_07_01_2019.xlsx

    XLSX 593.65 KB

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    LTO_H1_2019_Gas_Supply_Demand_Balance_Mexico_07_01_2019.xlsx

    XLSX 567.37 KB

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    LTO_H1_2019_Power_Capacity_Prices_Mexico_07_01_2019.xlsx

    XLSX 91.80 KB

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    LTO_H1_2019_Power_Clean_Energy_Compliance_Mexico_07_01_2019.xlsx

    XLSX 100.21 KB

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    LTO_H1_2019_Power_Delivered_Fuel_Prices_Nominal_Mexico_07_01_2019.xlsx

    XLSX 270.67 KB

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    LTO_H1_2019_Power_Delivered_Fuel_Prices_Real_Mexico_07_01_2019.xlsx

    XLSX 269.77 KB

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    Political and regulatory uncertainty: Mexico gas, power, and renewables long-term outlook H1 2019

    ZIP 11.04 MB