Energy firms eye opportunities in Mexican power

Spot electricity market to be created via energy reforms

mexico-city
Mexican households enjoy heavily subsidised power

A landmark law aimed at revamping Mexico's state-dominated electricity sector, which was signed by president Enrique Peña Nieto on August 11, is piquing the interest of international energy companies eager to seize new opportunities created by the legislation. The Electric Industry Act is part of a broader package of reforms that will also liberalise the country's oil and gas sector. Notably, the law sharply reduces the role of Mexico's government-owned electric utility, the Comisi&oac