Analyzing the nuclear electricity generation in Mexico from 2013 to 2023, we observe fluctuation with notable peaks and troughs. Originally valued at 11.38 thousand Gigawatthours in 2013, nuclear generation saw significant year-on-year variations, including a notable high of 13.32 in 2018 and a dip to 9.3 in 2014. By 2023, the generation value stood at 12.16, following a minor increase of 1.38% from the previous year and reflecting an overall CAGR of -1.8% over the last five years.
Looking forward from 2024, we anticipate consistent growth in nuclear electricity generation, with 2028 forecasted to reach 12.99 thousand Gigawatthours. This projected period shows a modest yet stable CAGR of 1.1% and a cumulative growth rate of 5.6% over five years.
Future Trends to Watch for:
- Technological advancements and upgrades in existing nuclear plants.
- Government policies and regulatory framework influencing nuclear energy.
- Investment trends in renewable energy sources impacting nuclear energy growth.