Mexico s energy storage field situation

Mexico s energy storage field situation

A month after India introduced an energy storage mandate for renewable energy plants and China scrapped its own, Mexico has stepped forward with an ambitious 30% capacity requirement, alongside plans to add a further 574 MW of batteries by 2028.

6 FAQs about [Mexico s energy storage field situation]

Will Mexico remain net gas importers in the foreseeable future?

Overall, Mexico and its Latin American neighbors are likely to remain net gas importers in the foreseeable future thanks to declining production from mature fields, inhospitable terrain, insecurity and a lack of regional gas interconnections.

Can Mexico build an intrastate pipeline?

If you want to build an intrastate pipeline, it’s pretty easy,” Clark Williams-Derry, an energy finance analyst at the Institute for Energy Economics and Financial Analysis, told Gas Outlook. “In Mexico, you’re building an international pipeline,” which is going to be more complex. Williams-Derry pointed to Energía Costa Azul as a cautionary tale.

Could a series of LNG projects turn Mexico's Pacific coast into a powerhouse?

However, a series of LNG projects proposed for Mexico’s Pacific Coast could turn the country into the region’s LNG powerhouse. According to a recent report by Gas Outlook, there are plans to build as many as five major LNG export terminals on Mexico’s Pacific Coast, potentially transforming the country into a top-tier gas exporter.

Where does Mexico's LNG feed gas come from?

According to the analysts, most of the feed gas needed to supply Mexico’s LNG terminals would largely be extracted from America’s Permian basin in Texas and New Mexico rather than sourced from Mexico, giving the South American country a big cost advantage.

What if LNG exports from Mexico's Pacific Coast travelled to Asia?

Second, LNG exports from Mexico’s Pacific Coast would have 11 fewer days of travel when shipping to Asia compared to the U.S. Gulf Coast.

How will violence affect Mexico's LNG dreams?

Most of the feed gas needed to supply Mexico’s LNG terminals would largely be extracted from America’s Permian Basin. Violence from drug cartels, political risk, and mounting costs are likely to act as considerable headwinds for Mexico’s LNG dreams.

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