Recently, the energy reform bill introduced by Mexican President Lopez was voted on in the Mexican parliament and was finally rejected by nearly 60 votes. The bill is the main energy reform policy that Lopez has implemented since he took office. It is also an important part of the "National Revival Movement" led by Lopez. Its main goal is to increase the nationalization of Mexico's energy sector.

In fact, despite Lopez's repeated efforts, since the introduction of the reform bill, the Mexican energy industry, multinational energy companies in Mexico, and Mexico's major trading partners have expressed opposition and concerns about it.

According to Reuters, on April 17, local time, the Mexican parliament voted on the reform bill for more than 12 hours, and the party supporting the Lopez government finally won 275 votes, failing to reach the 2/2 required to pass the reform bill. 3 support rate.

According to the content of the currently public energy reform bill, the Mexican government hopes that the state-owned Federal Electricity Commission will "no longer give priority to the sale of the cheapest electricity", but to give priority to the sale of electricity generated by state-owned enterprises. %above.

It is understood that Mexico's current electricity regulations came into effect in 2013, when the Mexican government introduced market competition and allowed private companies to enter the country's power generation sector. Subsequently, multinational energy companies began to develop natural gas and renewable energy power generation projects in Mexico.

In order to revive Mexico's state-owned energy companies and strengthen the nationalization of the energy sector, Lopez has repeatedly proposed energy market reforms. In Lopez's view, the implementation of this energy reform bill will effectively protect the rights and interests of consumers, avoid Mexican energy consumers suffering from high prices due to the blind pursuit of profits by private companies, and will also maintain Mexico's energy independence.

Since Lopez announced a series of reform measures, many Mexican business groups, Mexico's main trading partners - the United States, Canada, etc. have expressed opposition, believing that this reform will cause damage to Mexico's foreign trade, and even violate the United States and the United States. Trade treaty between Mexico and Canada.

At the same time, industry analysis points out that Mexico's state-owned energy companies account for a relatively high proportion of fossil fuel power generation, while most renewable energy power projects are owned by multinational energy companies in Mexico. It will be difficult to achieve renewable energy development goals, and even more difficult to achieve energy transition. Under this circumstance, in the past two years, although Lopez has submitted energy reform proposals many times, they have failed to obtain sufficient support.

According to Reuters, in the face of this latest energy reform bill, opposition parties in Mexico pointed out that the bill is likely to break international trade rules and have a negative impact on attracting investment in Mexico's energy sector. Electricity prices have risen, which in turn has slowed Mexico's energy transition.

It is worth noting that the United States, as Mexico's main trading partner, has always expressed opposition to Lopez's reform measures.

Although the energy reform bill, which has been brewing for many years, has collapsed, the Lopez government still stated that it will propose and resubmit the part of the reform bill involving lithium mining to Congress, hoping to start with tightening lithium mining development and strengthening Mexico's resources. nationalization.

Source: China Energy News