Briefings de l'Ifri - Mexico’s Energy Policies During the Presidency of Andrés Manuel López Obrador: Sovereignty and Security Briefings de l'Ifri, July 9, 2021
In power for three years, President López Obrador leads a National Revolution. The energy sector sees the strengthening of the State and state-owned companies, the Federal Electricity Company and Petróleos Mexicanos, against the liberalization principles implemented in the Energy Reform (2013-2014).
• The aim is to reach self-sufficiency with oil, coal, and gas, while private investors in renewables no longer have confidence in the economic, political, and regulatory framework. Mexico nevertheless also relies on hydro, geothermal and nuclear power, but the expansion of these capacities is not taking place.
• Legal disputes are increasing with private investors and tensions are developing over the treatment of foreign investments within the framework of regional free trade agreements.
• Climate change is not a priority for the president, who still intends to launch a reforestation plan.