Energy & Green Renewable Technology Market News

New study: Mexico's combined heat and power market analysis, by application to 2023

Energy Market Research

Combined heat and power (CHP) or cogeneration is a clean and efficient approach to generate thermal energy and electric power from a single fuel source.

- Advertisement -
- Market Research Pro -

In Mexico, petroleum, petrochemicals, chemicals, sugar mills, and paper & pulp industries have a significant cogeneration potential, although the greatest opportunities lie with the sugar production industry.

Owing to the electricity market liberalization, investments in Mexico are expected to increase during the forecast period, enabling the market players to grab the opportunities from the available untapped CHP potential.

Browse details of 70 pages research report developed on Mexico Combined Heat and Power Market @…2018-2023/8395521

Favorable Energy Reforms - Driving the Market

Mexico’s energy reform has been improving the country’s electricity industry by allowing private investment throughout the energy value chain.

- Advertisement -
- Market Research Pro -

In 2016, Mexico opened up day-ahead and real-time trading in a new wholesale power market. The current electricity markets are a result of new energy laws that Mexico has implemented, to open the country's oil, natural gas, and power sectors, to private participation.

The power sector reforms are expected to introduce competition into the generation side of the electricity industry. The reform provides significant opportunities for those involved with bringing new power generation to the market.

It is expected that the generating facility of choice will be powered by natural gas, given the parallel reform effort to increase natural gas production in Mexico.

Increasing Investments in Clean Energy – Provides Huge Potential

Foreign companies have been actively participating in investing in combined heat and power (CHP) projects in Mexico. Subsidiaries of Abengoa and GE Energy Financial Services, GE, announced in June 2017 that they will invest USD 180 million to develop the largest co-generation power plant in Mexico.

During the next 15 years, it is estimated that Mexico will require a total investment of USD 123 billion in electricity infrastructure, to achieve the goals set by the government. Out of the total investment, 75% will correspond to investment in generation infrastructure.

This offers a tremendous potential for companies involved in co-generation activities.

Avail Sample Market Brochure of the report @

Slowdown in Mexican Economy - A Market Restraining Factor

The Mexican economy has been sluggish; the GDP grew by only 2.3% in 2016, mainly due to lower oil production, tighter fiscal policies, decreased oil prices, and low productivity growth. Problems like widespread corruption and the unstable security situation continue to affect business and consumer sentiment, negatively.

GDP growth is forecast to slow further in 2017, to about 1.5%. However, in 2018, it is estimated to get back at 2%.

The slowdown in Mexican economy is expected to negatively affect the market growth in the short term by decreasing the investor's confidence, which will consequently slow down the market growth.

Key Developments in the Market

  • March 2017: AEG Power Solutions announced that it has supplied equipment to secure the power supply for two turnkey co-generation plants in Altamira and Bajío, Mexico.


Inquire this report @

Reasons to Access This Report

  • Identify the drivers, restraints, and opportunities possessed by the Mexican combined heat and power market with in-depth analysis
  • Analyze the various perspectives of the market with the help of Porter’s five forces analysis
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3 months analyst support along with the market estimate sheet (in excel)

Ask for Report @

News From

Research Cosmos - A Global Library of Market Research ReportsResearch Cosmos
Category: Market Research Publishers and RetailersCompany about: Research Cosmos is an aggregator of syndicated and bespoke market research, business intelligence and consulting services on gamut of sectors across the globe. We’re associated with world renowned publishers who when combined, serve hundreds of fortune listed companies and publish wide range of insightful reports which cover nook and corner of every industry vertical.