Mexico Wind Energy Outlook
Government initiatives to promote renewable sources of energy have supported the growth of the sector in Mexico, which aims to generate 35% of its domestic electricity from renewable sources by 2024. In December 2013, the energy sector underwent constitutional reforms aimed at increasing private sector investment but retaining control over the transmission and distribution channels. Mexico has good wind power potential, for which the main driver is the income tax law, although the Large-scale Renewable Energy Development Project, implemented by the Global Environment Facility (GEF), is also significant.
Several players such as Gamesa, Acciona and Iberdrola have expressed interest in investing in Mexico's wind sector. The 2014-2015 period saw a total deal value of USD 5.6 billion, comprising largely asset transactions. The country has good wind power potential, especially in the state of Oaxaca. In 2013, Mexico had a cumulative wind installed capacity of 1.9 Gigawatts (GW), which increased to 2.4 GW in 2014. It currently has about 70 wind energy projects in its pipeline, which will oversee further increase in installed capacity.
The report includes wind power capacity, generation, regulatory framework, upcoming projects and major deals.
Reasons To Buy
The report gives an overview of the country's wind energy sector.
Helps in understanding the growth trajectory of wind power in the country
Gain insights into the country's wind power policies and regulations
Identify investment opportunities through upcoming wind energy projects
Identify major deals and investments made in the wind energy sector during 2014-2015
1 Table of Contents
1 Table of Contents 1
1.1 List of Tables 1
1.2 List of Figures 1
2 Summary 2
3 Mexico Wind Energy Outlook 2
3.1 Wind Installed Capacity and Generation 2
3.2 Regulatory Framework Encourages Development in the Renewable Sector 4
3.3 Investment Trends 5
3.4 Upcoming Projects 7
4 Appendix 10
4.1 Abbreviations 10
4.2 Methodology 10
4.3 Contact Us 11
4.4 Disclaimer 11
1.2 List of Figures
Figure 1: Onshore Wind Power Market, Mexico, Cumulative Installed Capacity (GW) and Generation (TWh), 2013-2020 3
Figure 2: Onshore Wind Power Market, Mexico, Active Power Plants, 2015 4
Figure 3: Onshore Wind Power Market, Mexico, Upcoming Power Plants, 2015 7
1.1 List of Tables
Table 1: Wind Power Market, Mexico, Top 10 Deals, 2014-2015 6
Table 2: Onshore Wind Power Market, Mexico, Upcoming Installed Capacity by Province (MW), 2015 8
Table 3: Wind Power Market, Mexico, Upcoming Power Plants by Year Online, 2015 9
Table 4: Abbreviations 10
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