Who is the biggest energy company in Mexico in 2022?

In 2022, state-owned electric utility Comisión Federal de Electricidad (CFE) was the leading company in the Mexican energy sector, with a net revenue of more than 620 billion Mexican pesos. The subsidiary of Spanish company Iberdrola trailed as second, with a revenue of 86.5 billion pesos. Get notified via email when this statistic is updated.

What is Mexico's national strategy for the electricity sector?

Mexico’s National Strategy for the Electric Sector, while comprehensive in its approach to energy production and distribution, notably omits crucial elements for innovation and new technologies, such as a dedicated digital strategy for the electricity sector.

Where does Mexico get its energy from?

Mexico sources most of its energy imports from the United States. U.S. natural gas pipeline exports to Mexico have increased more than 400% since 2011 (Figure 8). U.S natural gas exports via pipeline totaled 2.1 trillion cubic feet (Tcf) in 2022 (Table 4).

Should solar panels be deployed in northern Mexico?

The initiative to deploy solar panels in the northern regions of Mexico is a commendable strategy that aligns with environmental sustainability and energy independence goals. High temperatures and abundant sunlight make northern Mexico an ideal location for solar energy production. The initiative can have multiple advantages:

Can Mexico increase energy independence?

As noted in previous work from the Center for U.S. and Mexico, Mexico’s potential for increasing energy independence, reducing emissions, and generating employment is significant.