IEA praises Mexico for ‘world’s most ambitious energy transformation’

3/9/2017 Power Engineering International

Energy -electricity_transmission_linesMexico’s energy reforms are “the most ambitious energy system transformation worldwide in a long time” according to Paul Simons of the International Energy Agency.

Simons, Deputy Executive Director of the IEA, was speaking as the energy organisation released a report into the Mexican power sector.

In it the IEA highlights how Mexico’s 2013 energy reforms “ended the country’s decades-long monopolies in the oil and power sectors and attracted new actors to the country’s energy sector”.

Today, active competition policy remains the crucial ingredient to ensure that the country will reap the long-term benefits of those reforms, according to the report.

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