The federation needs 5 billion dollars a year to revitalize CFE, also including energy generation. However, with only 19 billion currently available, this is not enough, according to César Cadena Cadena, president of the Energy Cluster of Nuevo León. Cadena highlighted that the Government does not address the main problem which is energy distribution and transmission, only investing in generation. Additionally, he pointed out the complexity for private investment, both national and foreign, due to uncertainty in energy guarantees and the arrival of Donald Trump.
On the national front, 56% of the energy comes from CFE while 44% is generated by private companies. Although there is talk of reforms for CFE and Pemex, Cadena emphasizes the need to address distribution and transmission, areas excluded from current planning.
Regarding the proposed reforms for CFE and Pemex, Cadena mentions that transforming them into public state companies poses challenges, such as changing the company’s vocation and the lack of focus on profitability.
As for the investment proposed by the federation, Cadena warns that the lack of attention to energy distribution and transmission creates uncertainty in the industry, affecting long-term investment decisions. Although 22 billion dollars are expected to be invested by 2030, Cadena insists that a balanced approach is needed that includes energy distribution and transmission.
On the role of the private sector in generating and delivering energy to CFE, Cadena highlights the importance of ensuring a stable and profitable market for investors. Energy uncertainty, exacerbated by the situation with Trump, negatively impacts both foreign and national investment.
Ultimately, Cadena emphasizes the importance of acting strategically in light of the situation with Trump, pointing out the need to address the energy and profitability challenges of Pemex to ensure the economic and energy stability of the country.
