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Mexico Energy Information

Mexico Key Figures

Population: 129 million
GDP growth rate: -8.5 %/year
Energy independence: 92.8%

Data of the last year available: 2020
Total consumption/GDP:* 73.1 (2005=100)
CO2 Emissions: 2.80 tCO2/capita
Rate of T&D power losses: 12.8%

* at purchasing power parity

View all macro and energy indicators in the Mexico energy report

Mexico Related News

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Mexico Related Research

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

A data overview is available in the global energy statistics app

Total Energy Consumption

Total energy consumption per capita is 1.2 toe and electricity consumption per capita reached around 2 200 kWh (2020).

The COVID-19 pandemic was responsible for a sharp 13% reduction in total energy consumption to 161 Mtoe, which corresponds to 2002 levels. Previously, total energy consumption had been decreasing slightly since 2013 (by 0.6%/year over 2013-2019).

Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

Interactive Chart Mexico Total Energy Consumption

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Mexico energy report

Crude Oil Production

Since a peak level in 2004 at 191 Mt, oil production fell by 4.6%/year on average until 2019 and remained stable in 2020 (94 Mt). Approximately 70% of the production is extracted in the Bay of Campeche, in the south of the Gulf of Mexico (offshore). Mexico's sliding oil production is mainly explained by the decline of the Cantarell field (from 2 mb/d in 2004 to 0.16 mb/d in 2018 and no production since 2019). Around 64% of the production is exported (60 Mt in 2020).

Interactive Chart Mexico Crude Oil Production

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Additionally, for more detailed information on refineries, you can request a sample of our America Refineries Dataset

Oil Products Consumption

The consumption of oil products dropped by 20% in 2020, to 66 Mt. It has been decreasing since 2012 with an acceleration since 2016 (-3.3%/year over 2016-2019 compared to -0.7%/year over 2012-2016). Between 2005 and 2012, it remained largely stable (around 90 Mt).

Transport represents around 56% of the demand, followed by residential, services and agriculture (12%), power plants, and industry (11% each).

Graph: OIL CONSUMPTION (Mt)

Interactive Chart Mexico Refined Oil Products Production

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Additionally, for more detailed information on refineries, you can request a sample of our America Refineries Dataset

Natural Gas Consumption

Gas demand is decreasing since 2017 at an average pace of 3.7%/year to 73 bcm in 2020. Before that, it was growing regularly (2.8%/year over 2013-2017). However, this progression was much slower than over 2000-2012 (~5%/year), when numerous CCGTs were commissioned (+19 GW).

Graph: NATURAL GAS CONSUMPTION (bcm)

Interactive Chart Mexico Natural Gas Domestic Consumption

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Additionally, for more detailed information on the LNG trade, you can request a sample of our America LNG Trade Dataset

Coal Consumption

The demand for coal has been decreasing rapidly since 2010, with a more striking reduction in 2020 (-41%), reaching 10.6 Mt, the lowest level in 20 years. Almost 70% of the consumption is for power generation.

Graph: COAL CONSUMPTION (Mt)

Graph: COAL CONSUMPTION BREAKDOWN BY SECTOR (2020, %)

Interactive Chart Mexico Coal and Lignite Domestic Consumption

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed consumption trends at country level (graphs, tables, analysis) in the Mexico energy report

Power Consumption

Electricity consumption decreased by 0.8% in 2020, down to 282 TWh. It had increased over 2013-2019 by 2.4%/year on average.

In 2020, industry's share was around 54%, followed by households (23%), and services (17%). About 99% of the population is connected to the grid.

Graph: ELECTRICITY CONSUMPTION (TWh)

Graph: ELECTRICITY CONSUMPTION BREAKDOWN BY SECTOR (2020, %)

Renewable in % Electricity Production

The General Law on Climate Change ("LGCC") set the target of a 35% share for "clean energies" (nuclear, CHP and CCS) in total power generation in 2024, 37.7% in 2030, and 50% in 2050. SENER now expects to reach a share of 50% earlier, in 2034.

Three Clean Energy Auctions have been organised by CENACE, the last one in 2017. In the third auction for long-term PPA, 15 projects totalling 2.6 GW won tenders for the sale of electricity, capacity, and clean energy certificates, with an average bid price of US$20.6/MWh. The fourth Auction was cancelled in 2018.

Interactive Chart Mexico Share of Renewables in Electricity Production (incl hydro)

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

CO2 Fuel Combustion/CO2 Emissions

In its NDC, the country is committed to cutting GHG emissions by 22% in 2030 compared to BAU levels. Emissions of black carbon should be cut by 51% below BAU by 2030. Mexico could raise its emission reduction targets to 36% (black carbon emissions to 70%) if it gains access to climate funds or if a global carbon price is set. The updated NDC at the end of 2020 kept the same target.

CO2 emissions from combustion decreased by 16% in 2020 down to 362 Mt, after a slower decrease of 3%/year on average between 2017 and 2019. Previously, they increased by 76% from 1990 to 2012.

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