Mexico
Overview
| Attribute | Value |
|---|---|
| SSS Relevance | ⭐⭐ Medium |
| Market Type | Mixed (CFE dominant, limited competition) |
| Key Clean Resources | Hydro, Nuclear (Laguna Verde), Wind, Solar |
| EAC System | I-REC, CELs (Certificados de Energía Limpia) |
| Grid Carbon Intensity | ~400-450 gCO2/kWh |
Mexico has significant clean energy resources including one nuclear plant (Laguna Verde) and substantial hydro, but remains gas/oil-dependent. The energy policy has shifted toward state control under recent administrations.
SSS Relevance
⭐⭐ Medium — Mexico has moderate SSS potential:
- Operating nuclear (Laguna Verde, ~4% of generation)
- Significant hydro (~10% of generation)
- Mixed grid — gas/oil provide substantial baseload
- CEL policy uncertainty affects renewable tracking
SSS-Eligible Resources
| Resource Type | Capacity/Output | SSS Classification |
|---|---|---|
| Nuclear (Laguna Verde) | 1.6 GW, ~4% of generation | ✅ Clearly SSS — default delivered baseload |
| Legacy Hydro | ~12 GW, ~10% | ⚠️ Depends on CEL/I-REC status |
Operating Nuclear Plant:
- Laguna Verde (2 units, 1.6 GW total, Veracruz)
Market Structure
Regulator: CRE (Comisión Reguladora de Energía)
Market Model: CFE (state utility) dominant; limited wholesale competition via CENACE; retail largely regulated.
Grid Operator: CENACE
Major Utility: CFE (Comisión Federal de Electricidad) — state-owned
Clean Energy Policy
| Policy | Status |
|---|---|
| Net Zero Target | Under discussion |
| Clean Energy Target | 35% by 2024 (not met) |
| Nuclear Policy | Supportive of existing plant; no new builds planned |
| Policy Direction | Recent shift toward CFE/fossil fuels over private renewables |
EAC Infrastructure
Primary Systems:
- CELs (Certificados de Energía Limpia): Domestic clean energy certificates
- I-REC: International standard
| Attribute | Details |
|---|---|
| CEL Scope | Renewables, nuclear, efficient CHP |
| Status | Policy uncertainty since 2021 |
Important for SSS: Laguna Verde nuclear likely receives CELs, but attribution to specific customers depends on CEL allocation rules.
Emissions Factors
| Source | Value | Use Case |
|---|---|---|
| Mexican Grid Average | ~400-450 gCO2/kWh | Location-based Scope 2 |
| SIN Published Factors | Annual updates | Official reporting |