Regulatory Challenges and Competition in the Energy Sector

Mexico City, Mexico
13 March 2017 - 14 March 2017
Hosted By: ITAM-CIDE

NERA Associate Director Veronica Irastorza participated in an electricity roundtable in México City, México on 13-14 March 2017. She was joined on the panel by the head of CENACE (the Méxican independent system operator (ISO)), Commissioner Marcelino Madrigal of the Energy Regulatory Commission, and professor Juan Rosellón. The panelists discussed electricity market operations and its challenges, including undesired effects for new participants, regulatory measures, and bilateral contracts.

The modification of the regulatory structure and conditions of competition as part of energy reform has radically transformed the Mexican energy sector. More than three years following the reform, there have been various signs of progress toward a more competitive and developed sector, such as the allocation of oil fields, the process of liberalization of gasoline markets, as well as auctions for the allocation of clean energy certificates, to name a few. The implementation of legal and constitution reform presents several challenges that will surely be addressed through public policy. The objective of the roundtable was to foster discussion on the challenges that the electricity sector faces today, with the participation of all sectors.

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