Evolution of the electricity sector in Mexico

Abstract

In December 2016, Enrique Peña Nieto, the President of Mexico, enacted a new energetic Reform that transformed the existed system. With this Reform, the centralised and vertically integrated system would be transformed in an opened system, with a liberalised market, private competitiveness, etc. The Reform includes several steps to be followed in order to achieve a liberalised electric market. This thesis shows the evolution of the Mexican electric sector from 2012 to 2018, from the previous system to the new and reformed one, analysing each one of the 4 periods in which we have divided our review and studying the implications of this Reform in the industry. In order to apply the theory to the practice, we have studied which should be the behaviour of a company in this changeable period according to the external agents that could affect to its strategy. This has been a huge reform and it will take time to achieve transparent and quick procedures of a competitive, reliable and modern electric industry. In 2016, generators, suppliers, organisations, etc. are learning how to deal with these changes and it will require much more time till everything suits perfectly.