Consejo Mexicano de Asuntos Internacionales

Última actualización:
2025-05-08 21:58

URGENT ADJUSTMENTS NEEDED FOR ENERGY STABILITY, INVESTMENT

Fecha Publicación: 26-02-2025

President Claudia Sheinbaum has submitted an initiative that includes a set of eight acts arising from the constitutional reform of the energy sector of Oct. 31, 2024 (1). The proposed legal framework consists of the following acts:

Ley de la Empresa Pública del Estado, Comisión Federal de Electricidad (CFE Act)

Ley de la Empresa Pública del Estado, Petróleos Mexicanos (PEMEX Act)

Ley del Sector Eléctrico (Electricity Sector Act)

Ley del Sector Hidrocarburos (Hydrocarbons Sector Act)

Ley de Planeación y Transición Energética (Energy Planning and Transition Act)

Ley de Biocombustibles (Biofuels Act)

Ley de Geotermia (Geothermal Act)

Ley de la Comisión Nacional de Energía (National Energy Commission Act)

A positive feature of this legislative package is that it allows private sector participation in key areas of the energy market, including generation and commercialization, while maintaining state control over strategic infrastructure. The inclusion of public-private partnerships offers opportunities for investment and technological innovation. However, there are areas where the new legislation could be adjusted to ensure there is no regulatory uncertainty, to prevent inconsistencies with the United States-Mexico-Canada Agreement (USMCA), and to establish a framework that effectively promotes the long-term development and modernization of the energy sector. These adjustments will be essential to balance state participation with market efficiency, ensuring fair competition and fostering an environment that attracts investment while maintaining national energy security. The following areas require careful consideration and possible modification...

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