Document Type

Article

Publication Date

11-14-2011

Abstract

Mexico is abandoning plans to build as many as 10 nuclear reactors and will focus instead on natural gas-fired electricity plants, Bloomberg News reported last week. According to Energy Minister Jordy Herrera, Mexico is shifting course in light of new discoveries of natural gas deposits. He added that Mexico would seek private sector investment for about $10 billion during five years to expand a natural gas pipeline network. Is Mexico's plan to scrap new nuclear projects a good idea? How significant are the new natural gas deposits? Will Mexico be able to exploit them to meet growing energy needs? Should the country be looking at other energy sources?

Language

English

Publisher

Inter-American Dialogue

Share

COinS