Mexico requires electrical infrastructure to meet investor demand, one of the main challenges given the increase in demand for nearshoring.
However, according to the spokesperson for Intersolar Mexico, Rosanety Barrios, the country has great potential for the generation of clean energy that can satisfy demand.
In an interview for T21, Barrios commented that Mexico is an important economy, with trade agreements with different countries and one of the axes of growth in the last 30 years is the Free Trade Agreement with the United States and Canada, today T-MEC.
Of interest: Industrial demand in Ciudad Juárez accumulates 8% of the total nationwide
In this sense, according to the Council of Global Companies (CEEG), Mexico could increase its GDP up to 2.5% in the next six years due to nearshoring and reach foreign direct investment (FDI) levels of up to 50 billion dollars.
This growth would be conditional on the growth of electricity investment, which was not contemplated in terms of electricity planning, so there would be a lot to do to meet the demand.
The general director of the Mexican Association of Private Industrial Parks, Claudia Esteves, shared in an interview with T21 that industrial parks consume approximately 8,300 gigawatts (GW) per year and growth in this demand is expected for the next two years. approximately 2,300 additional GW.
If the country seeks to meet the emissions reduction targets acquired at the Conference of the Parties (COP 25) of the United Nations Framework Convention on Climate Change, action must be taken on the matter, Barrios said.
He added that Mexico maintains a legal framework that allows it, in any government, to accelerate the participation of renewable energy in the electricity matrix and meet this demand, which will also be highly focused on emission reduction commitments.
For this, investments are required, where the private sector is eager to participate in these energy options, so these investments could be focused on renewable energies, due to the individual objectives that each company has adopted.
Check here: Solili Industrial Report August 2023, Mexico City retakes the lead with 146 thousand m² leased
Mexico has a significant lag in transmission, so that the electrical system can have a higher percentage of renewable energy, several things are needed: an issue is needed that up to now has been a bit foreign to our system and that is storage; Infrastructure is required and when we talk about this we are talking about a very broad value chain of lines, distribution, transmission, Barrios pointed out.
In Solili you can consult industrial warehouses available in Ciudad Juárez, Reynosa and Monterrey
Stay up to date with the most important news to the real estate
Subscribe Solili Newsletter