Powering progress: How could nearshoring redefine Mexico’s energy markets?
In the wake of Covid-19, companies are moving closer to their end markets, a process often referred to as nearshoring. With its cost advantage and proximity to North America, one of the world’s largest markets, Mexico has emerged as a top destination for companies looking to nearshore their operations. What does this mean for Mexico’s energy markets? This insight offers a detailed analysis, projecting how nearshoring-induced economic growth could impact Mexico’s gas, power and renewable energy sectors through 2030. From understanding how energy loads and gas demand could be reshaped, to anticipating price shifts and regional consumption patterns, our report covers it all.