SENER reported that the government has consolidated a new energy
model during President Claudia Sheinbaum’s first year in office,
reinforcing state control over the sector and strengthening public
companies to promote energy sovereignty and long-term planning. Minister
of Energy Luz Elena González presented the update during her appearance
before the Senate’s Energy Commission as part of the president’s first
annual report.
According to González, the new model restores the state’s
strategic leadership in the sector while reaffirming the public
character of PEMEX and CFE. The model seeks to align public and private
investments through binding planning processes designed to meet Mexico’s
long-term energy needs.
In the electricity sector, SENER reported that CFE now provides at
least 54% of the country’s total electricity generation. The agency
said that this recovery of CFE’s role as the guarantor of universal
access to energy is supported by the 2025–2030 National Electric System
Strengthening and Expansion Plan, which includes a goal to achieve a
minimum 35% share of clean energy by 2030. This effort involves the
development of new solar, wind, and the country’s first solar-thermal
power plants, alongside private projects expected to contribute
7,000MWto the grid.
For the hydrocarbons segment, González explained that PEMEX is
implementing its 2025–2035 Strategic Plan, structured around two main
areas: financial stabilization and productive development. The financial
strategy, designed with the Ministry of Finance, includes the issuance
of US$12 billion in precapitalized bonds and the allocation of nearly
MX$300 billion (US$16.323 billion) toward debt repayment as of September
2025. As a result, the government reported that credit rating agencies
Fitch, Moody’s, and S&P have recognized improvements in the NOC’s
financial trajectory, with company losses decreasing by nearly 90%
compared to the same period in 2024.
The productive component of PEMEX’s plan focuses on stabilizing
oil and gas production to meet national demand. Mexico’s crude
production has approached 1.8MMb/d, while natural gas output has reached
5Bcf/d. The government also noted a 44% increase in crude processing
and a 40% rise in gasoline, diesel, and jet fuel production due to
improvements in the National Refining System, the Deer Park refinery,
and the integration of the Olmeca refinery.
SENER highlighted actions to revitalize petrochemical and
fertilizer production to strengthen national supply chains. On renewable
development, the agency reported progress in geothermal, cogeneration,
and biofuel projects. The government also promoted the constitutional
inclusion of “energy justice” as a principle guaranteeing access to
sufficient and reliable energy for all citizens.
Social energy programs, including Solar Roofs for Well-Being in
northern Mexico, Efficient Wood Stoves for Well-Being, and 11,000 rural
electrification works, have reportedly expanded access to energy in
underserved regions. According to the Ministry of Energy, Mexico has
achieved a historic electricity coverage rate of 99.73% of households
and 92.13% in localities with fewer than 2,500 inhabitants, nearing its
goal of universal coverage by 2028.
González also emphasized the importance of strengthening domestic
scientific and technological capacity through public research
institutions such as the National Institute of Electricity and Clean
Energy, the Mexican Oil Institute, and the National Commission for the
Efficient Use of Energy. These organizations, she said, play a key role
in developing technology and reducing reliance on foreign suppliers.
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