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Home»News»The centrality of energy in the industrial future of Mexico

The centrality of energy in the industrial future of Mexico

Stanley BowersBy Stanley BowersMarch 15, 2023No Comments2 Mins Read
The centrality of energy in the industrial future of Mexico
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Although it is true that Mexico enjoys an unbeatable geopolitical position to be one of the countries that can benefit from this new trend in the industry, it is also true that it can only be used if, among other things, of energy and that it is sustainable.

Recent years have seen a setback in the great drive that the country had had in promoting new generation projects, mainly from renewable energies. However, despite this, in recent months great interest has been awakened again to expand or establish new large industries in Mexico, as has been the case with Tesla.

The key point of this situation resides in being able to achieve that the same determination that companies have in investing must have the State in promoting the growth of the country’s energy infrastructure. This means new generation plants, new transmission and distribution lines, new gas pipelines and a new impulse for research and development, so important for the formation of new national talent.

The doubts in the sector are many since, taking for example the staggered resumption of work proposed by the Energy Regulatory Commission, after two years of suspension of terms due to Covid, the will to promote the necessary growth of the sector through the participation of both the public and private sectors is not yet clear.

The opportunity that is presented is enormous, as is the energy challenge that the entire country has to face. The hope is that the great benefits that these investments would have for the entire population can be visualized to remove any doubt and move firmly towards the growth of the country’s energy infrastructure, because without energy there is no growth possible.

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Editor’s note: Paolo Salerno is Managing partner of Salerno y Asociados. follow him on LinkedIn . The opinions published in this column correspond exclusively to the author.

See more information on this and other topics on the Opinion channel.

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