Reported about 1 year ago
Mexico is facing a critical energy grid crisis due to increased demand and aging infrastructure, jeopardizing the growth of nearshoring industries in the country. Incoming President Claudia Sheinbaum aims to address the issue with a $13.6 billion energy investment plan, but experts warn that even this may not be enough to meet the rising power demand. The situation is exacerbated by restrictive regulations limiting private sector involvement in energy generation and transmission. Without significant improvements, Mexico's nearshoring aspirations may remain unrealized.
Source: YAHOO