EGADE director shares his vision of the future of energy under the next administration in Mexico.

By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL

On the third and final day of Fuel Week 2024, prominent experts and leaders from the energy sector met to discuss the industry's expectations and needs following the arrival of the new administration in Mexico.

During the roundtable "New administration, new opportunities," Pablo Necoechea, regional director of EGADE Business School in Mexico City and Querétaro, shared his vision of the sector's future under the next Mexican president, Claudia Sheinbaum.

Necoechea stressed the importance of aligning the new administration's opportunities with global trends in sustainability and technological innovation in the energy sector.

Sheinbaum received the president-elect certificate on August 15, confirming her victory in the June 2 elections. She will assume the Presidency on October 1 and complete her term on September 30, 2030.

“We are at a crucial moment where we must align with the existing opportunities, which offer enormous benefits. The new administration will keep this in mind,” Necoechea said.

He also highlighted the importance of not leaving everything to the government, urging each sector to contribute from its area to strengthen the industry through training and technical development.

Rocío Robles, founding partner of Lobbying Mexico, also participated in the roundtable. She underscored how important it is for the new administration to maintain a sensitive and regionally diverse vision when drafting public policies, based on Claudia Sheinbaum's direct experience traveling across much of the country during her campaign.

Oscar Ocampo, leader of Energy Projects at IMCO, expressed his concern about the national electricity system's current capacity to support the increased demand generated by electromobility.

He pointed out that a favorable investment framework and a creative financial strategy will be needed to address this challenge.

For his part, Marcial Díaz, president of the Association of Regulated Entities in the Energy Sector, emphasized that, although the energy transition in Mexico is advancing slowly, it must be implemented in collaboration with the private sector.

He emphasized the importance of having clear and observed rules to foster investment in the sector.

Fuel Week was a virtual event held from August 13 to 15, prior to the 2024 International Energy Summit Mexico, which will take place in November in Mexico City.