Energy markets are an indispensable engine for the competitiveness of countries. The emergence of North America as a global energy power generates an opportunity for Mexico to promote its productivity and achieve a better economic integration at a regional level that includes the energy sector as a key element.

Hence the relevance of having timely and timely data with a broad time horizon, which allows us to quantify the evolution of a key sector in the current situation.

Between 2018 and 2021, Mexico increased its share of renewable energy in the energy matrix from 21% to 27.5%. This increase, however, is insufficient for the country to meet its energy transition commitments

Policies to incentivize investments in renewable energy that were implemented in Mexico between 2015 and 2017 have been reflected in a significant growth of clean generation in the country.

Technological change and demand growth have led to a significant drop in the cost of solar photovoltaic and wind energy generation.

In Mexico these plants have costs 82% lower than those that operate on fossil fuels of the Federal Electricity Commission (CFE). The commitment to greater integration of renewable energy is not only necessary in environmental terms, but also in economic terms.