"Mexico’s AMLO Asks Congress to Eliminate Energy Regulators, Limit Power Sector Competition", 04 October 2021

...Mexico President Andrés Manuel López Obrador has sent to legislators a proposed energy reform that would do away with the sector’s two main regulators and limit private sector competition in the electricity market.

The reform, if passed, would modify the constitution to eliminate upstream oil and gas regulator Comisión Nacional de Hidrocarburos (CNH) and midstream, downstream and electricity regulator Comisión Reguladora de Energía (CRE).

Independent power grid operator Centro Nacional del Control de Energía (CENACE), meanwhile, would be absorbed by state-owned power company Comisión Federal de Electricidad (CFE)...

In addition, large power consumers would be prohibited from signing self-supply electricity contracts, and instead be forced to purchase power from CFE...

CFE’s generation fleet is also more expensive and more polluting on average than the country’s private generation assets, Concamin said, warning that the state would increasingly have to subsidize CFE to keep end-user rates low.

To compete globally, Mexican industry needs competitively priced electricity, Concamin said. The group cautioned that the reform also would violate Mexico’s free trade and climate change agreements, almost surely triggering international court disputes...