The National Strategy for the Electricity Sector 2024-2030 in Mexico was announced by President Claudia Sheinbaum on November 6, 2024, as part of the National Energy Plan derived from the constitutional reform on energy published on October 31, 2024. The strategy aims to invest US$23.4 billion in the state-owned Federal Electricity Commission (CFE) for generation, transmission, and distribution, focusing on renewable energy, while allowing private companies to invest up to 46% in electricity generation through bid long-term contracts, with the goal of providing affordable, clean, and efficient energy without increasing tariffs.