Mexico Power Report

Published 15 July 2015

  • 82 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
$1,295.00
Mexico Power Report

BMI View: We hold a bright outlook for the Mexic an power secto r, with vast public investment and the progressing liberalisation of the electricity market to create abundant business opportunities in the generation and the power infrastructure sectors over the coming decade . Mexico's upbeat macroeconomic trajectory supports our forecast for strong growth in power consumption over the next ten years . An expanding project pipeline and a growing midstream network will see gas power outperform in terms of installed capacity over our forecast period, but we also expect to see sustained growth in the renewables sector - due to favourable market conditions and a supportive regulatory environment.

Mexico will be one of the most attractive power markets in Latin America over the coming decade. This view is based on our forecast for power consumption to grow at a sustained pace through to 2024, driven by a booming manufacturing sector and an abundance of investment opportunities created by public tenders and the introduction of a wholesale electricity market in January 2016.

Additional tenders from the Comision Federal de Electricidad (CFE), increasing investment from independent power producers and Mexican heavy industries accessing the wholesale power market will push electricity generation up by an annual average of 3.9% between 2015 and 2024. Growth in natural gas-fired and renewables capacity, coupled with the government's commitment to increase the efficiency of the Mexican power infrastructure, will create contract opportunities for companies providing engineering, procurement and construction (EPC) services also in the power transmission and distribution (T&D) sector.

Key Trends And Developments

  • In July 2015, during the presentation of the National Electric System Development Programme (Prodesen) for 2015-2029, the CFE and the Ministry of Energy (Sener) have announced they expect Mexico's power generation and T&D sectors to receive an...

BMI Industry View
7
SWOT
9
Industry Forecast
12
Mexico Snapshot
12
Table: Country Snapshot: Economic and Demographic Data (Mexico 2014-2019)
12
Table: Country Snapshot: Economic and Demographic Data (Mexico 2019-2024)
12
Table: Country Snapshot: Power Sector
12
Mexico Power Forecast Scenario
13
Electricity Generation And Power Generating Capacity
13
Table: Total Electricity Generation Data And Forecasts (Mexico 2013-2018)
13
Table: Total Electricity Generation Data And Forecasts (Mexico 2019-2024)
14
Table: Electricity Generating Capacity Data And Forecasts (Mexico 2013-2018)
16
Table: Electricity Generating Capacity Data And Forecasts (Mexico 2019-2024)
16
Electricity Consumption
26
Table: Total Electricity Consumption Data And Forecasts (Mexico 2013-2018)
26
Table: Total Electricity Consumption Data And Forecasts (Mexico 2019-2024)
26
Transmission And Distribution, Imports And Exports
27
Table: Electric Power T&D Losses Data And Forecasts (Mexico 2013-2018)
27
Table: Electric Power T&D Losses Data And Forecasts (Mexico 2019-2024)
27
Table: Trade Data And Forecasts (Mexico 2013-2018)
27
Table: Trade Data And Forecasts (Mexico 2019-2024)
28
Table: T&D Projects Tendered By The CFE In 2014
29
Table: T&D Projects Tendered By The CFE in 2015
30
Industry Risk Reward Index
33
Latin America Power Risk/Reward Index
33
Table: Latin America Power Risk/Reward Index (Scores Out Of 100)
39
Mexico Power Risk/Reward Index
40
Rewards
40
Risks
41
Market Overview
42
Key Policies And Market Structure
42
Regulation And Competition
42
Sustainable Energy Policies
43
Pricing
45
Table: Mexico's Average Electricity Prices - Mxn Cents/Kwh
48
Mexico Power Projects Database
49
Table: Mexico Key Power Projects
49
Competitive Landscape
64
Table: Private Companies Expanding Mexico's Power Market
65
Table: Major Projects
66
Comisi-n Federal de Electricidad
66
Iberdrola
67
Gas Natural Fenosa
67
Regional Overview
69
Latin America Regional Overview
69
Glossary
75
Table: Glossary Of Terms
75
Methodology
76
Industry Forecast Methodology
76
Sources
79
Risk/Reward Index Methodology
79
Table: Power Risk/Reward Index Indicators
80
Table: Weighting Of Indicators
81

The Mexico Power Report features BMI Research's market assessment and independent forecasts covering electricity generation (coal, gas, oil, nuclear, hydro and non-hydro renewables), electricity consumption, trade, transmission and distribution losses and electricity generating capacity.

The Mexico Power Report also analyses the impact of regulatory changes, recent developments and the background macroeconomic outlook and features competitive landscapes comparing national and multinational operators by sales, market share, investments, projects, partners and expansion strategies.

Key Benefits

  • Use BMI's independent industry forecasts for Mexico to test other views - a key input for successful budgeting and strategic planning in the power market.
  • Target business opportunities and risks Mexico's power sector through our reviews of latest power industry trends, regulatory changes, and major deals, projects and investments in Mexico.
  • Assess the activities, strategy and market position of your competitors, partners and clients via our Competitive Landscape analysis.

Coverage

BMI Industry View

Summary of BMI’s key industry forecasts, views and trend analysis, covering power markets, regulatory changes, major investments, projects and company developments.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the power sector and within the broader political, economic and business environment.

BMI’s Power Forecast Scenario

Forecasts to end-2024 for all key indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecasts:

  • Generation: Electricity generation total, thermal, coal, natural gas, oil, nuclear, hydropower, hydro-electric pumped storage and non-hydropower renewables.
  • Transmission and Distribution Losses: Electric power transmission and distribution losses.
  • Trade: Total imports and exports.
  • Electricity Consumption: Net consumption.
  • Electricity Capacity: Capacity net, conventional thermal, nuclear, hydropower and non-hydroelectric renewables.

BMI’s Power Risk Reward Index

BMI’s Risk Reward Indices provide investors (power companies, service companies and equity investors) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide indices of highest to lowest appeal to investors,

Market Overview

Structure, size and value of the industry sector; overview of the industry landscape and key players; an assessment of the business operating environment, sustainable energy policies, pricing and the latest regulatory developments.

Key Projects Database

Details and analysis of all current and planned developments (new ventures, capacity expansion and other investments) across the sector broken down by location, sector type, capacity, value, companies and operational status.

Competitive Landscape

Illustration of the power industry that exploits our data-rich, in-depth analysis of the leading players in the sector and examination of operational results, strategic goals, market position and the potential for investment.

Power Outlook long-Term Forecasts

Regional long-term power forecasts covering electricity generation, consumption and capacity for thermal, hydroelectric and nuclear power. These are supported by a country specific  overview, alongside an analysis of key downside risks to the main forecasts.

Regional Overview

Providing BMI’s near-term economic outlook for the region as a whole, as well as taking a close look at countries of particular interest and the latest trends and developments.

Sources

The Power Market Reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports, including Energy Information Administration (EIA), World Bank (WB) and United Nations (UN).

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