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Renewables point the way to Mexico’s energy security
Mexico's electricity sector is highly dependent on US gas imports, with 54% of electricity generated using imported gas in 2024. The report argues that accelerating the transition to clean energy—specifically solar and wind—can enhance energy security and independence. Achieving a 45% clean generation target by 2030 would require 46 GW of new capacity, potentially reducing gas imports for power by 20% and saving $1.6 billion USD annually. Such a transition would also create over 434,000 direct jobs in construction and operation.
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Document type: Report
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