On 31 December 2021, the Energy Regulatory Commission published in the Mexican Official Gazette, resolution number RES/550/2021, through which it issued the General Administrative Provisions containing the criteria for efficiency, quality, reliability, continuity, safety and sustainability of the National Electric System: Network Code. This New Network Code modifies the technical requirements whose compliance is mandatory for all users of the National Electric System, i.e., the National Energy Control Center, transporters, distributors, power plants, suppliers and, in particular, all load centers connected at medium and high tension, regardless of their consumption levels.
On 30 September 2021, the President presented to the House of Representatives a Bill seeking to amend articles 25, 27 and 28 of the Constitution of the United Mexican States, in energy matters. The Bill to amend the Constitution proposes the following: (i) substantial changes in both public policies, and the regulation of the electricity and hydrocarbon industries; (ii) nationalizing the right to the exploration, use, and exploitation of lithium, and, (iii) establishing that no future concessions will be granted.
In brief The Mexican government published a Decree that amends and incorporates several provisions of the Power Industry Law (“Amendment”) in the Federal Official Gazette on 9 March 2021. The Amendment will severely affect the business of private entities investing in the power industry. Recommended actions We consider that the…
As the energy, mining and infrastructure industry in Latin America looks ahead to the new year, we present the Latin America EMI Hot Topics Guides for 2021 to facilitate discussions about the key trends we see in each sector. We invite you to read the guides to learn more about…
As the energy, mining and infrastructure industry in Latin America looks ahead to the new year, we present the Latin America EMI Hot Topics Guides for 2021 to facilitate discussions about the key trends we see in each sector. We invite you to read the guides to learn more about…
The Latin America energy, mining and infrastructure industry is transitioning to a New Normal. The evolving market conditions drive the need for new regulations and business strategies to be addressed by governments and multinational and local companies in the sector. We invite you to listen to our Latin America Energy,…
The PACMA is a group of corporate social responsibility (CSR) and environmental care projects, works and actions, to promote sustainable development, as well as strengthen relations between communities and oil and gas (O&G) companies in order to obtain and extend the Social License to Operate (Licencia Social de Operación “LSO”).…