Mexico is a highly centralized federation. The states and municipalities are highly dependent on federal transfers and so equally at risk to the country’s fiscal dependence on oil. Although Mexico has become more truly ...

Oil in Mexico has been the cornerstone on which the Mexican State has built upon since its nationalization. It has been the main federal income source, it has supported industrial development and has allowed the State to ...

This paper studies resource adequacy, i.e. the market design dilemma of ensuring enough generation capacity in the long run. International experiences have shown that it is difficult that the market alone provides incentives ...

We analyzed the Mexican proposal to restructure the electricity sector. The main results that we get are the following. First, given the current technologies for generation that belong to CFE and LFC and the new technologies ...

We have constructed a model to analyze the incentives for expansion of electricity supply in the spot market and the capacity in the long run reserve market. With this model we also analyze the incentives for collusion in ...

This paper studies the electricity market design, long run problem of ensuring enough generation capacity to meet future demand (resource adequacy). Reform processes worldwide have shown that it is difficult that the market ...

This paper aims to explain the motivations and strategies for reform in the Mexican Electricity Sector. Our focus is on the effects of politically organized interests, such as unions and parties, on the process of reform. ...