Carbon intensity of Mexico’s power sector would need to decrease from 425 gCO2/kWh to 60-100 gCO2/kWh by 2030, and reach zero by 2040. Mexico’s power sector target to achieve 40% “clean” electricity by 20343 is incompatible with the 76-91% renewable energy share by 2030 it would need to be 1.5°C compatible.
Decarbonisation of the power sector could be made possible by phasing out coal and gas by 2028 and 2038-2040, respectively. However, the current administration has recently passed regulation favouring fossil fuel generation, citing impacts from the pandemic, and has cancelled upcoming renewable energy auctions.1
Key power sector benchmarks
Renewables shares and year of zero emissions power Including the use of BECCS
- 2030 76 to 91% Renewable share
- 2039-2040 Zero emissions power
- 2040 98 to 100% Renewable share