The outlook for Mexico’s power sector has improved dramatically following constitutional changes which open up energy to private investment after 76 years of monopolisation by the state. Parliament is finalising the secondary legislation that will define the precise terms on which private operators can enter the market. Once this is passed Mexico will offer manifold opportunities for new entrants in activities such as exploration, production, refining, transport, storage and distribution of energy. This will potentially provide a massive boost to energy production - particularly oil, shale and renewables - bringing it into line with consumption. In turn, this will provide a welcome boost to the development of Mexican industry, which has been held back by the cost and difficulty of getting energy. In the short term, macroeconomic and sector-specific fundamentals will converge to drive growth in 2014, not least ambitious plans to install mid-stream infrastructure and ramp up gas-fired generation capacity so as to benefit from greater volumes of cheap US gas
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"Mexico Power Report Q3 2014" is now available at Fast Market Research
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001