Mexico Thermal Power Market Analysis by Size, Installed Capacity, Power Generation, Regulations, Key Players and Forecast to 2035

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Published: November 20, 2023 Report Code: GDPE6415IDB-ST

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Mexico Thermal Power Market Report Overview

In 2022, the Mexican power market was led by thermal power with a cumulative capacity of 64.3 GW. It will achieve a CAGR of more than 1% during 2022-2035.

Mexico Thermal Power Market Outlook, 2022-2035 (GW)

Mexico Thermal Power Market Outlook, 2022-2035 (GW)

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The report offers a comprehensive understanding of the thermal power market in Mexico. It discusses the thermal power market in the country and provides forecasts up to 2035.

Cumulative Capacity (2022) 64.3 GW
CAGR (2022-2035) >1%
Historical Period 2010-2022
Forecast Period 2023-2035
Regulations ·        Secretaría de Energía (SENER)

·        Comisión Reguladora de Energía (CRE)
Key Types ·        Coal

·        Oil

·        Gas
Key Companies ·        Comision Federal de Electricidad

·        Naturgy Mexico SA de CV

·        Petroleos Mexicanos

·        Termoelectrica de Mexicali
Key Active Plants ·        Petacalco (Plutarco Elias Calles) Thermal Power Plant

·        Pdte. Adolfo Lopez Mateos (Tuxpan) Power Plant

·        Empalme Combined Cycle Power Plant

·        Tula (Francisco Perez Rios) Power Plant

·        Gral. Manuel Alvarez Moreno (Manzanillo I) CCGT Power Plant
Key Deal Types ·        Debt Offerings

·        Partnerships

·        Private Equity

·        Acquisitions
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Mexico Thermal Power Policy

  • Thermal power was the major source of power generation in Mexico in 2022 and a similar trend is expected to be observed by 2035.
  • The Ministry of Energy (Secretaría de Energía, ‘SENER’) is responsible for the development of energy-associated policies in Mexico.
  • The Energy Regulatory Commission (Comisión Reguladora de Energía, CRE) oversees the implementation of plans and is vested with the authority to grant power generation permits.

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Mexico Thermal Power Market - Competitive Landscape

Comision Federal de Electricidad, Naturgy Mexico SA de CV, Petroleos Mexicanos, and Termoelectrica de Mexicali are a few leading companies in the Mexican thermal power market.

Comision Federal de Electricidad (CFE): The company generates electricity through various renewable energy sources including thermal, hydro, coal-fired, wind, solar, geothermal, and nuclear power plants. CFE imports, exports, transports, purchases, and sells fuel oil and natural gas. The company undertakes the planning and execution of projects and installations, as required by the national electricity system. It serves residential, commercial, industrial, and agricultural customers as well as state and central agencies. CFE is headquartered in the Federal District, Mexico.

Mexico Thermal Power Market Analysis by Companies

Mexico Thermal Power Market Analysis by Companies

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Mexico Thermal Power Market Segmentation by Types

Mexico’s gas power capacity was the largest among thermal power technologies in terms of capacity in 2022.

Mexico Thermal Power Market Analysis by Types, 2022 (%)

Mexico Thermal Power Market Analysis by Types, 2022 (%)

Mexico Thermal Power Market - Major Active Plants

Located in the state of Guerrero, the Petacalco (Plutarco Elias Calles) thermal power plant leads the Mexico thermal power market with a total capacity of 2,800 MW as of 2023.

Mexico Thermal Power Market Analysis by Active Plants, 2023 (%)

Mexico Thermal Power Market Analysis by Active Plants, 2023 (%)

Mexico Thermal Power Market Segmentation by Deal Types

Most of the deals in the Mexican thermal market were closed via debt offerings in 2022, followed by partnerships, and private equity.

Mexico Thermal Power Market Analysis by Deal Types, 2022 (%)

Mexico Thermal Power Market Analysis by Deal Types, 2022 (%)

Segments Covered in the Report

Mexico Thermal Power Market Type Outlook (Value, 2010-2035, GW)

  • Coal
  • Oil
  • Gas

Mexico Thermal Power Market Deal Type Outlook (Value, 2010-2035, GW)

  • Debt Offerings
  • Partnerships
  • Private Equity
  • Acquisitions

Scope

The report includes:

  • A brief introduction to global carbon emissions and global primary energy consumption.

  • An overview of the country’s power market highlighting installed capacity trends, generation trends, and installed capacity split by various power sources.

  • Detailed overview of the country’s thermal power market with installed capacity and generation trends, and major active and upcoming thermal power projects.

  • Deal analysis of the country’s thermal power market.

  • Snapshots of some of the major market participants in the country.

Reasons to Buy

  • Enhance your decision-making capability in a more rapid and time-sensitive manner.

  • Identify key growth and investment opportunities in the country’s thermal power market.

  • Facilitate decision-making based on strong historical and forecast data for the thermal power market.

  • Position yourself to gain the maximum advantage of the industry’s growth potential.

  • Identify key partners and business development avenues.

  • Understand and respond to your competitors’ business structure, strategy, and prospects.

Comision Federal de Electricidad
Naturgy Mexico SA de CV
Petroleos Mexicanos
Termoelectrica de Mexicali

Table of Contents

1. Introduction

1.1 Carbon Dioxide Emissions, Global, 2001-2022

1.2 Primary Energy Consumption, Global, 2001-2022

1.3 Report Guidance

2. Power Market, Mexico

2.1 Power Market, Mexico, Installed Capacity, 2010-2035

– Power Market, Mexico, Cumulative Installed Capacity by Source, 2010-2035

– Power Market, Mexico, Cumulative Capacity Share by Source, 2022 and 2035

– Power Market, Mexico, Capacity Addition by Source, 2023-2035

– Power Market, Mexico, Capacity Growth by Source, 2022-2035

2.2 Power Market, Mexico, Power Generation, 2010-2035

– Power Market, Mexico, Power Generation by Source, 2010-2035

– Power Market, Mexico, Growth in Power Generation by Source, 2022-2035

3. Thermal Power Market, Mexico

3.1 Thermal Power Market, Mexico, Installed Capacity, 2010-2035

– Thermal Power Market, Mexico, Cumulative Capacity by Type, 2010-2035

3.2 Thermal Power Market, Mexico, Power Generation, 2010-2035

– Thermal Power Market, Mexico, Power Generation by Type, 2010-2035

3.3 Thermal Power Market, Mexico, Market Size, 2010-2030

3.4 Thermal Power Market, Mexico, Power Plants

– Thermal Power Market, Mexico, Major Active Plants

– Thermal Power Market, Mexico, Upcoming Plants

– Thermal Power Market, Mexico, Major Plants Under Construction

3.5 Thermal Power Market, Mexico, Deal Analysis, 2022

– Thermal Power Market, Mexico, Deal Volume and Deal Value, 2010-2022

– Thermal Power Market, Mexico, Split by Deal Type, 2022

4. Gas Turbines Market, Mexico

4.1 Gas Turbines Market, Mexico, Market Size, 2012-2026

4.2 Gas Turbines Market, Mexico, Market Share (%), 2022

5. Thermal Power Policy, Mexico

5.1 Thermal Power Policy, Mexico, Overview

6. Thermal Power Market, Mexico, Company Profiles

6.1 Comision Federal de Electricidad

– Company Overview

– Major Products and Services

– Head Office

6.2 Naturgy Mexico SA de CV

– Company Overview

– Major Products and Services

– Head Office

6.3 Petroleos Mexicanos

– Company Overview

– Major Products and Services

– Head Office

6.4 Termoelectrica de Mexicali

– Company Overview

– Major Products and Services

– Head Office

7. Appendix

7.1 Abbreviations

7.2 Market Definitions

– Power

– Renewable Power

– Installed Capacity

– Electricity Generation

– Electricity Consumption

7.3 Methodology

– Coverage

– Secondary Research

– Primary Research

– Modelling and Forecasting

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Table

Table 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2001-2022

Table 2: Primary Energy Consumption, Global, 2001-2022

Table 3: Power Market, Mexico, Cumulative Installed Capacity by Source (GW), 2010-2035

Table 4: Power Market, Mexico, Cumulative Capacity Share by Source (%), 2022 and 2035

Table 5: Power Market, Mexico, Capacity Addition by Source (GW), 2023-2035

Table 6: Power Market, Mexico, Capacity Growth by Source, 2022-2035

Table 7: Power Market, Mexico, Power Generation by Source (TWh), 2010-2035

Table 8: Power Market, Mexico, Growth in Power Generation by Source, 2022-2035

Table 9: Thermal Power Market, Mexico, Installed Capacity (GW), 2010-2035

Table 10: Thermal Power Market, Mexico, Cumulative Capacity by Type (GW), 2010-2035

Table 11: Thermal Power Market, Mexico, Power Generation (TWh), 2010-2035

Table 12: Thermal Power Market, Mexico, Power Generation by Type (TWh), 2010-2035

Table 13: Thermal Power Market, Mexico, Market Size ($M), 2010-2030

Table 14: Thermal Power Market, Mexico, Major Active Plants

Table 15: Thermal Power Market, Mexico, Upcoming Plants

Table 16: Thermal Power Market, Mexico, Major Plants Under Construction

Table 17: Thermal Power Market, Mexico, Deal Volume and Deal Value ($M), 2010-2022

Table 18: Thermal Power Market, Mexico, Deals by Type, 2022

Table 19: Gas Turbines Market, Mexico, Market Size ($M), 2012-2026

Table 20: Gas Turbines Market, Mexico, Market Share (%), 2022

Table 21: Comision Federal de Electricidad, Major Products and Services

Table 22: Naturgy Mexico SA de CV, Major Products and Services

Table 23: Petroleos Mexicanos, Major Products and Services

Table 24: Termoelectrica de Mexicali, Major Products and Services

Table 25: Abbreviations

Figures

Figure 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2001-2022

Figure 2: Primary Energy Consumption, Global, 2001-2022

Figure 3: Power Market, Mexico, Cumulative Installed Capacity by Source (GW), 2010-2035

Figure 4: Power Market, Mexico, Cumulative Capacity Share by Source (%), 2022 and 2035

Figure 5: Power Market, Mexico, Capacity Addition by Source (GW), 2023-2035

Figure 6: Power Market, Mexico, Capacity Growth by Source, 2022-2035

Figure 7: Power Market, Mexico, Power Generation by Source (TWh), 2010-2035

Figure 8: Power Market, Mexico, Growth in Power Generation by Source, 2022-2035

Figure 9: Thermal Power Market, Mexico, Installed Capacity (GW), 2010-2035

Figure 10: Thermal Power Market, Mexico, Cumulative Capacity by Type (GW), 2010-2035

Figure 11: Thermal Power Market, Mexico, Power Generation (TWh), 2010-2035

Figure 12: Thermal Power Market, Mexico, Power Generation by Type (TWh), 2010-2035

Figure 13: Thermal Power Market, Mexico, Market Size ($M), 2010-2030

Figure 14: Thermal Power Market, Mexico, Upcoming Plants

Figure 15: Thermal Power Market, Mexico, Deal Volume and Deal Value ($m), 2010-2022

Figure 16: Thermal Power Market, Mexico, Split by Deal Type (%), 2022

Figure 17: Gas Turbines Market, Mexico, Market Size ($M), 2012-2026

Figure 18: Gas Turbines Market, Mexico, Market Share (%), 2022

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