# Mexico Energy Profile — Complete Reference

**URL:** https://thecodex.expert/energy/countries/mexico/
**Session:** 36 | **Date:** 2026-07-09

## Summary

Mexico ranks Top 6 globally in geothermal capacity (1,000+ MW, 5 plants), dominated by Cerro Prieto, one of the world's largest geothermal complexes. New Geothermal Energy Law enacted March 2025, first concession granted Sept 2025 (Guanajuato). Pemex exploring geothermal diversification via unused wells. Solar growing fast (installed capacity share roughly doubled 2019-2020; wind+solar generation nearly tripled 2015-2022, IEA); Villanueva Solar Park (Coahuila, 1,754 MW, Enel Green Power) among largest in the Americas. Electricity mix still fossil-dominated (gas ~56.8%, oil ~13.5%, coal ~6.8%, renewables ~19.5-24%, 2022). October 2024 constitutional reform + March 2025 secondary laws under President Sheinbaum substantially reversed 2014 liberalisation, requiring ≥54% of grid electricity from state utility CFE, capping private producers at 46%. Mexico pledged +30 GW combined renewable capacity by 2030 (COP27) and to triple renewables by 2030 (COP28). Sources: Global Energy Monitor, Wikipedia, IEA, Chambers and Partners, ThinkGeoEnergy, Mexico Business News.