Graduation Year

2025

Date of Submission

4-2025

Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics

Reader 1

William Ascher

Rights Information

2025 Pedro Arellano

Abstract

Mexico’s electricity sector faces the urgent challenge of expanding access to clean, reliable, and affordable electricity amid rising demand and climate commitments. This thesis examines the role of private participation in meeting these objectives, focusing on the effects of the 2013 energy reform and the consequences of recent policy reversals under the AMLO and Sheinbaum administrations. Drawing on a review of existing literature, past and current regulations, and market trends, the analysis highlights how private generators have been critical to the growth of renewable capacity and the expansion of electricity supply. Recent reforms that restrict private participation threaten to undermine these gains and slow Mexico’s energy transition. The thesis recommends restoring competitive market structures, strengthening regulatory independence, reviving the Clean Energy Certificates (CELs) program, and reforming electricity subsidies to better target low- income households while preserving incentives for private investment.

This thesis is restricted to the Claremont Colleges current faculty, students, and staff.

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