Commodity Market Report

NYMEX sensitivity case developed from the Mexico gas, power and renewables Investment Horizon Outlook 2022

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This “NYMEX” case presents the use of the New York Mercantile Exchange futures gas prices and its impact on our long-term outlook on Mexico’s power sector. Wood Mackenzie’s gas price forecast – used as a primary input in our Base Case (Mexico gas, power and renewables investment horizon outlook) – shows Henry Hub prices back to near US$3/MMBtu in 2025 after a period of price volatility in 2023-2024. The surge in North American LNG exports expected in the medium-term pushes Henry Hub prices to an average of US$3.5/MMBtu in the 2026-2030 period. In contrast, NYMEX futures gas prices consider a higher price path in the mid-term, holding Henry Hub closer to US$4/MMBtu through the 2026-2030 period.

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What's included

This report contains:

  • Document

    Mexico GPR Investment Horizon Outlook NYMEX Sensitivity Case Avg Day Month 1 26 2022.xlsx

    XLSX 4.29 MB

  • Document

    Mexico GPR Investment Horizon Outlook NYMEX Sensitivity Case Capacity Prices Mexico 1 26 2022.xlsx

    XLSX 78.51 KB

  • Document

    Mexico GPR Investment Horizon Outlook NYMEX Sensitivity Case Clean Energy Compliance Mexico 1 26 2022.xlsx

    XLSX 69.55 KB

  • Document

    Mexico GPR Investment Horizon Outlook NYMEX Sensitivity Case Delivered Fuel Prices Nominal Mexico 1 26 2022.xlsx

    XLSX 242.96 KB

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    Mexico GPR Investment Horizon Outlook NYMEX Sensitivity Case Delivered Fuel Prices Real Mexico 1 26 2022.xlsx

    XLSX 246.10 KB

  • Document

    Mexico GPR Investment Horizon Outlook NYMEX Sensitivity Case Load Forecast Mexico 1 26 2022.xlsx

    XLSX 97.57 KB

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    Mexico GPR Investment Horizon Outlook NYMEX Sensitivity Case Prices Sparks IHR Darks Nominal Mexico 1 26 2022.xlsx

    XLSX 3.44 MB

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    Mexico GPR Investment Horizon Outlook NYMEX Sensitivity Case Prices Sparks IHR Darks Real Mexico 1 26 2022.xlsx

    XLSX 5.05 MB

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    Mexico GPR Investment Horizon Outlook NYMEX Sensitivity Case Supply Demand Energy Mexico 1 26 2022.xlsx

    XLSX 542.88 KB