November 18, 2020
The U.S. and Mexico have built a successful trade and investment relationship that has boosted the economy on both sides of the border through highly integrated manufacturing supply chains. This cross-border collaboration and combination of resources has potential for a tremendously fruitful relationship in energy affairs, one that allows both countries to share power resources and balance increasing demands. Often referred to as a role-model for the bilateral relationship, it is no surprise that our Cali-Baja region is home to the first cross-border renewable energy project, the Energía Sierra Juarez wind farm located in Tecate which began operations in 2015.
The energy choices we make today will have significant effects on our regional economy, environment, and quality of life. Mexico’s energy reform has created an energy revolution by restructuring the industry and opening the state-owned oil and electricity monopolies Petroleos Mexicanos (Pemex) and the Federal Commission of Electricity (CFE) to unprecedented competition. Although the energy reform’s future is uncertain, some sectors have already been reshaped by private investment and many more opportunities remain unexplored.
Register here for a binational discussion exploring the future of the energy sector and its role in strengthening and broadening the U.S.-Mexico relationship. The event will take place virtually on Tuesday, December 8 at 10:00 a.m. Attendees will hear from experts and industry leaders about the cross-border challenges and opportunities within the energy sector including efforts to coordinate industry standards, achieving sustainability, public-private partnerships, and financing opportunities for binational projects along the border region.