ANALYSIS: A Biden win would bring heat to Mexico’s energy sector

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While relations between the neighbours would almost certainly improve, the Mexican president has said he will defend the primacy of the state in disputes with energy investors

Mexican President Andrés Manuel López Obrador. Picture: REUTERS/ALEXANDRE MENEGHINI

Billions of dollars worth of energy sector projects, particularly in renewables, have been held up by López Obrador Business leaders expect Biden to govern in a more rules-based way than Trump, whose clashes with US courts mirror some of López Obrador’s own battles with checks on his power. Billions of dollars worth of energy sector projects, particularly in renewables, have been held up by López Obrador, who argues that past governments rigged the power market to favour private companies at the public’s expense.

 

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