Mexico’s energy reform: experience and lessons of the energy sector transformation in South America

Abstract

The study of fuel and energy complex of Mexico occupies a very important place in the world’s leading research centers. Among Russian and foreign studies there are a number of works that consider the problems and peculiarities of fuel and energy complex of the countries of Latin America including Mexico. This article is devoted to the analysis of Mexico’s energy reform and use their experiences to transform the energy sector of the countries of South America. Presents the history of the Mexican energy reform. Discusses basic principles of energy reform and energy security of the country. It also examines the factors that Mexico should include in its energy policy and management system to ensure the safe delivery of energy across the country. Offers a brief overview of the current state of TEK of Mexico. Mexico has a large and varied potential for producing energy from renewable sources. With the recent opening of the energy sector, the country has the necessary conditions to attract major investments to develop projects on renewable energy. The liberalization of the sector allows Mexico to meet the growing energy demand and to diversify its productive matrix, creating at the same time as energy security and reduce greenhouse gases, positively affecting the environment. Reform of the energy sector of Mexico and the analysis of the sector in this country can be of great importance for the transformation of the energy sector in many countries of the region, especially in places such as Argentina, Brazil and Venezuela.

Keywords

• Pemex
• Mexico
• energy reform
• energy security
• PEMEX