Between 2024 and 2028, the renewable energy supply in Mexico is forecasted to remain relatively stable, increasing slightly from 9% in 2024 to 9.1% in 2027 and staying at 9.1% in 2028. Compared to 2023, the total primary energy supply from renewable sources in Mexico shows negligible growth, indicating a stagnant trend over this period.
Key variations to watch:
- 2024 to 2025: No change (0% growth).
- 2025 to 2026: No change (0% growth).
- 2026 to 2027: Increase of approximately 1.1%.
- 2027 to 2028: No change (0% growth).
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is very minimal, signifying slow growth in the renewable energy sector
Future trends to watch include potential policy changes that could drive more aggressive renewable energy adoption, technological advancements in renewable energy, and international influences such as global climate agreements or energy trade dynamics, which could significantly influence Mexico's renewable energy landscape.