Mexico fell 22 places on the World Economic Forum’s (WEF) Energy Transition Index (ITE), up from 46th in 2021 to 68th in 2023, out of a total of 120 countries evaluated, as progress fell below average -flat.
In its 13th edition the report Fomento de la Transición Energética Efectiva, published in partnership with Acenture, states that Mexico’s score fell from 62 points in 2021 to 54.1 units in 2023, a level below the global average of 56.3.
The WEF reports that, out of 120 countries, 113 have made progress in the past decade, but only 55 have increased their results by more than 10 percentage points.
This highlights that large emerging demand centers, such as China, India and India, have experienced this increase, while only 41 countries have made consistent progress in the past decade.
Although this list includes many developed economies, it also includes 14 countries from developing and developing Europe, developing and developing Asia, and Latin America and the Caribbean.
“Qatar and Mexico just missed out on the category; they make steady profits until 2023, when their progress falls below average. This perception demonstrates the difficulty of sustaining progress and inherent energy transitions,” the organization commented.
Only on May 26, the Mexican Energy Regulatory Commission (CRE) published in the Official Gazette of the Federation (DOF) modifications to various standards related to calculations for measuring the efficiency of cogeneration systems and the percentage of free energy from fuel.
As part of these modifications, including those produced with natural gas in the “clean” and “fuel-free” electric categories, which were criticized by activists as a “hoax” to fictitiously try to achieve the country’s environmental commitments. .
Mexico’s Common Law on Climate Change sets out a commitment to achieve at least 35 percent of electricity generated from clean sources by 2024.
The WEF Energy Transition Index assesses the performance of its energy systems in aspects such as equity, energy security and environmental sustainability; and prepare an enabling environment for energy transitions.
This edition also assesses for the first time countries’ ‘transition momentum’ to highlight the urgent need to move coherently towards a timely and effective transition.
According to the ITE 2023, Sweden (1st place), Denmark (2nd) and Norway (3rd) topped the ETI 2023 ranking and led the rankings every year for the last decade.
France (7) is the only country from the Group of Twenty (G-20) to make the top 10, followed by Germany (11), the United States (12) and the United Kingdom (13), while Brazil (14) and China ( 17) is the top developing country in the top 20.
“Entrepreneur. Internet fanatic. Certified zombie scholar. Friendly troublemaker. Bacon expert.”