Doing Business In Mexico

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Power and Renewable Energy

Success Story

In 2010, Aggreko, world leader in the supply of temporary power and temperature control solutions, was chosen to provide power for the lights, large-screen plasmas, broadcasting centers, audio equipment, security equipment, and pyrotechnic works for the Bicentennial Celebration of Mexico's Independence.

In 2011, Aggreko supplied a turn-key rental power package to the Pan American Games and the Parapan American Games in Guadalajara. In addition, Aggreko supplied back-up power to the International Broadcast Centre (IBC) in the Guadalajara Expo Centre.

Aggreko has also been very successful in selling its temporary power solutions to contractors of the local oil and gas sector. Aggreko currently has offices and depots in Mexico City, Monterrey, Villahermosa, Guadalajara and Poza Rica.

 

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Mexico's power plays a key role both in the domestic and foreign markets.

By 2014, the country's power generation will account for 21 per cent of Latin America's, with a developing power surplus available for export to the United States. Also, an annual 4.9 per cent growth is expected in power consumption in Mexico for the period 2006-2016.

The Mexican electricity market grew by 25 per cent in 2008 to reach a value of US$43.5 billion. By 2013, it is forecasted to have a volume of 881.7 TWh, which represents an increase of 135.6 per cent since 2008. The annual growth rate in terms of volume, between 2008 and 2013 is predicted to be 18.7 per cent.

There are more than 30 million users, reaching 97 per cent of the population.

Mexico had a total power generation of 230,640 GWh during 2009. By 2012, the Mexican electricity market is forecast to have a value of US$80.5 billion representing an increase of 117 per cent since 2007.

Additionally, according to the National Infrastructure Programme, the Mexican Government is planning to increase power generation capacity through renewable resources from 14 per cent to 26 per cent, including hydro power plants, by 2012. A substantial number of projects need to be developed in order to achieve this goal. The current generation of renewable energies amount to 15 TWh, this is expected to go up to 21 TWh by 2014. Considering Mexico's privileged geographic location and a stronger legal framework to support private investment in cogeneration, independent power production including renewable energies, small production and self supply, and exporting and importing schemes, the power sector presents unprecedented opportunities for British investors.


Business Opportunities

  • Combined cycle plants maintenance and reconfiguration.

  • Plants modernisation and maintenance.

  • Hydroplants reconfiguration.

  • Metering.

  • Interconnection projects.

  • Transmission and distribution. infrastructure.

  • Cogeneration projects.

  • Renewable energies (small and large hydro, solar, wind, geothermal, biofuels, wave and tidal).

  • Financing and carbon markets.

     

Contact and Further Information

Report on the Mexican power and renewable energy sectors as well as more information about the specific business opportunities can be obtained by contacting the UKTI team in Mexico City: 
British Embassy Mexico City Tel: +52 55 1670 3274 Email: einar.holmen@fco.gov.uk

 

Source - UKTI

 

Strategic Partners