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Sheinbaum aims for renewables to be 45% of Mexico power by 2030

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By illuminem briefings

· 1 min read


illuminem summarizes for you the essential news of the day. Read the full piece on Financial Post or enjoy below:

🗞️ Driving the news: Mexico's new President, Claudia Sheinbaum, has pledged to increase renewable energy production to 45% of the nation's power by 2030, while continuing support for state-owned energy companies

🔭 The context: In her inaugural address, Sheinbaum outlined a series of goals, including investments in electric vehicle technology, lithium extraction, and state energy companies like Pemex and CFE
• The plan emphasizes boosting domestic oil production for internal use and addressing environmental challenges in key cities

🌍 Why it matters for the planet: A stronger push toward renewable energy aligns Mexico with global climate goals, reducing dependence on fossil fuels and promoting cleaner energy solutions

⏭️ What's next: Mexico will implement a series of reforms, including strengthening public companies, launching gender-focused reforms, and tackling air pollution in major cities

💬 One quote: "Mexico will seek to strengthen Pemex and CFE as public companies," said Sheinbaum

📈 One stat: Mexico aims for 45% of its power to come from renewable sources by 2030

Click for more news covering the latest on renewables

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