Mexican energy storage system

Why does Mexico have no energy storage capacity?

“Between 2017 and 2019, we installed 2GW of solar generation capacity in Mexico but no storage capacity. This is creating imbalances in the national grid; energy storage is essential to the correct functioning of that grid,” said Manuel Garay, Mexico Country Managing Director, Power Electronics, to MBN.

Will Mexico develop energy storage technologies in the next decade?

However, we expect Mexico to develop its energy storage technologies significantly over the next decade, as well as its lithium mining industry, as it increases its renewable energy capacity as part of a global green energy transition.

Are Mexico's energy storage operations in a nascent stage?

Mexico’s energy storage operations are in their nascent stage compared to more widespread developments in the U.S. and several European countries.

Does Mexico have a battery supply chain?

The clock is ticking for Mexico’s involvement in storage projects, both in terms of the battery supply chain and large-scale energy infrastructure.

Does Mexico need a storage infrastructure?

As Mexico’s generation capacity continues to increase at a pace that its transmission infrastructure cannot keep up with, the development of storage infrastructure becomes even more urgent if the Mexican electricity system is to function efficiently and reliably, agree industry experts.

Could Mexico's energy sector be nationalized?

Mexico has the potential to leverage its resource power, with its huge lithium reserves, to play an integral role in the future of the global battery sector. However, the nationalization of its energy sector could somewhat hinder this possibility.