Mexico. The International Energy Agency (IEA) highlighted that while most countries reflected an increase in carbon emissions during 2017, Mexico and three other countries (the United States, Japan and the United Kingdom) registered a decrease in their emissions.
In Mexico, the reduction in carbon emissions was 4%, due to a decrease in the use of oil and coal, increases in the efficiency of the electric power generation system, a sharp increase in generation based on renewable energies, as well as a slight increase in the use of natural gas.
Mexico has the goal of generating at least 35% of electricity with clean technologies by 2024, so as a result of the implementation of the Energy Reform, three long-term auctions have been held with very positive results both in terms of the capacity of solar and wind energy that will be incorporated during the next years, as in the high competitiveness of the costs obtained for electrical energy.
Mexico is the 15th largest economy in the world and boasts some of the best renewable energy resources globally. The reduction in polluting emissions reported by the IEA constitutes the materialization of the benefits that have been achieved from the implementation of our Energy Reform, which confirms Mexico's strategic role in achieving global objectives in combating climate change.
According to the IEA, global energy demand increased by 2.1% in 2017, with a share of more than 70% of that growth corresponding to the consumption of oil, natural gas and coal, while renewable energies contributed about a quarter of the energy consumed globally, and nuclear power covered 2% of the increase in demand. The demand for electricity registered the highest growth worldwide with 3.1%. Emissions associated with the increase in global energy demand in the last year increased 1.4% in contrast to the stability trend observed in the three years prior to 2017.
On Thursday, March 22, the International Energy Agency (IEA) published the Global Energy & CO2 Status Report, 2017, on the emissions associated with the use of various sources of electricity generation, as well as the impact of energy efficiency measures. The document published by the IEA is available through the following link: http://www.iea.org/geco
Source: Ministry of Energy.
