In early March 2021, Mexico’s Congress, dominated by President Andrés Manuel López Obrador’s National Regeneration Movement (MORENA) party, passed a new law restricting private sector participation in power generation and effectively restoring a monopoly by the state-owned electric utility, the Federal Electricity Commission (CFE). The new law also disincentivizes power generation through alternative or sustainable sources, including solar and wind energy, promoting coal and fuel oil instead. At this webinar, a panel of experts explored the new law, giving historical context and examining its content and implications for the economy and the environment, its relationship to the new U.S.-Mexico-Canada Agreement (USMCA), its clash with Mexico’s commitments to climate change, and next steps, including expected litigation both within and outside Mexico.
This event was co-sponsored by the Baker Institute’s Center for the United States and Mexico, the Center for Energy Studies and the Instituto Mexicano para la Competitividad (IMCO). Follow @BakerCtrUSMEX and @CES_Baker_Inst on Twitter, and join the conversation online with #BakerMexico.
11:00 a.m. — Welcome Remarks
11:05 a.m. — Introduction
11:15 a.m. — Panel Discussion
Tony Payan, Ph.D.
Director, Center for the United States and Mexico; Françoise and Edward Djerejian Fellow for Mexico Studies, Baker Institute
Miriam Grunstein, Ph.D.
Nonresident Scholar, Baker Institute Center for the United States and Mexico; Chief Energy Counsel, Brilliant Energy Consulting
Lourdes Melgar, Ph.D.
Nonresident Fellow, Baker Institute Center for Energy Studies; Former Deputy Secretary, Hydrocarbons of Mexico; Board Member, Pemex
Oscar Ocampo, M.A.
Energy Coordinator, Instituto Mexicano para la Competitividad (IMCO)
Juan Rosellón, Ph.D.
Nonresident Fellow, Center for Energy Studies and Center for the United States and Mexico, Baker Institute; Professor, Centro de Investigación y Docencia Económicas
Francisco J. Monaldi, Ph.D.
Fellow in Latin American Energy Policy; Director, Latin America Energy Program, Baker Institute