According to GlobalData, thermal power accounted for 65% of Mexico’s total installed power generation capacity and 75% of total power generation in 2023. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Mexico Thermal power Analysis: Market Outlook to 2035 report. Buy the report here.
Installed capacity is forecast to increase from 2024 to 2035, at which point thermal power is expected to account for 50% of total installed generation capacity. Coal capacity remained flat during 2010 and 2023. It is expected that coal will grow at a CAGR of 3.94% during 2023-2035.
For more detailed analysis of the thermal power sector in Mexico, buy the report here.
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GlobalData’s Power Plants database provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide, while its macro indicators database provides historic and forecast power generation and generation capacity by technology as well as consumption, imports and exports for over 170 countries.
