The constitutional reform approved at the end of 2013 and the associated secondary legislations adopted in August 2014 and 2015 provide for a fundamental transformation of Mexico’s energy sector. On the basis of those legislative changes Mexico created a wholesale power market with a system of capacity and power auctions in which renewable energy technologies can take part and are additionally supported by Clean Energy Certificates (CLEs).
Clean energy quota is of 5% of electricity consumption between 2015 and 2018. Penalty for non-compliance with this quota is between USD 30-250/ MWh. IEA/IRENA Global Renewable Energy Policies and Measures Database © OECD/IEA and IRENA, [November 2020]