Mexico Gas, Power and Renewable Service: What to watch in 2023

Report Summary:

Gas price volatility shocked the energy markets in 2022. As the world is diversifying its supply sources and Mexico focuses on increasing its LNG export capacity, while continuing to shape the energy matrix through combined-cycle plants, questions arise about how gas price volatility will impact power fundamentals.

The key themes in the 2023 discussion will include:

• Gas generation compensates for renewable stagnation, despite high gas prices
• Regulatory timelines begin to normalize, but investment uncertainty remains
• The LNG export race heats up.