Renewable energy and energy transition in Mexico

In a world where climate change concerns and the need for more sustainable energy sources are top priorities, our country is undergoing a crucial transformation in its energy sector.


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Renewable energy and energy transition in Mexico

This article explores the challenges and solutions in renewable energy and energy transition in Mexico, highlighting the key role Enel plays as a leader in this industry.

 

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With a constantly growing economy and rising energy demand, Mexico faces a significant challenge: its historical dependence on fossil fuels. While these have driven development, they have also led to environmental and energy security issues. A solution to these challenges lies in transitioning to clean energy sources.

Solving key challenges

The transition to renewable energy in Mexico offers multiple solutions:

 

  • First, it reduces the country’s vulnerability to fluctuations in oil and gas prices, providing energy stability.

 

It also significantly reduces greenhouse gas emissions, improving air quality and public health.

The positive impact of the energy transition

Mexico has experienced a substantial change in its energy landscape in recent years. According to data provided by the Ministry of Energy (SENER) and the Energy Regulatory Commission (CRE), renewable energy generation capacity has increased significantly, reaching a remarkable 31% of the total in 2022.

 

The Clean Energy Progress Report for the first half of 2023 presents a breakdown of the progress in electricity generation through clean sources during the period 2019-2023, which represented 26.5%.

 

This decrease, which contrasts with the 33% projection for 2023, is correlated with a significant drop in hydroelectric energy production. One cause of this reduction is climate change, which has decreased the availability of water for energy generation and has had serious implications for the region's electricity supply.

 

However, this progress over time reflects a growing environmental awareness and Mexico's firm commitment to adopting a cleaner and more sustainable energy matrix. Although there has been an unexpected drop in the first half of 2023, the growth in renewable energy generation since 2019 remains impressive, reflecting:

 

  • The fight against climate change and the reduction of greenhouse gas emissions.

  • The country’s abundant natural resources include solar radiation and coastal winds.

  • Investments in wind and solar projects are part of Mexico’s strategy to address both environmental and energy challenges.

     

The Federal Electricity Commission (CFE) plays a crucial role in this evolving landscape. The organization is making significant investments in wind and solar projects, further consolidating the clean energy infrastructure in Mexico. These investments drive the growth of renewable energy generation capacity and strengthen the country's energy security, reducing its dependence on fossil fuels and contributing to a more stable and sustainable energy future.

Leading the energy transition in Mexico.

Enel, a company committed to sustainability and innovation, is one of Mexico's leaders in the transition to renewable energies. 

 

Through strategic investments in solar and wind energy projects, Enel, through its renewable energy subsidiary Enel Green Power, has significantly contributed to the increase in clean energy generation capacity in the country. In addition, it partners with academic and governmental institutions to promote research in advanced energy technologies, demonstrating its commitment to knowledge and the sector's advancement. 

 

Enel offers a wide range of products and services designed to effectively address Mexico's energy transition. With energy efficiency solutions for companies, the multinational provides options that meet Mexicans' needs.

A promising energy future

In conclusion, the transition to renewable energies represents an essential step towards a more sustainable and clean future. At Enel, we are proud to lead this change with the government, companies, and society to drive Mexico during this transformation. 

 

Energy transition is a responsibility and an opportunity to join forces and create a bright future for all Mexicans, achieving a greener and more prosperous country where sustainability and prosperity go hand in hand. 

 

Visit our website for more information about our solutions and our commitment to a sustainable future.

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