Guidelines for Mexico's Wholesale Electricity Market

Sep 14, 2015

Reading Time : 3 min

Overview of the Guidelines

The Guidelines are divided into 19 sections and cover various aspects of the Market structure and operation, including the following:

  • registration and accreditation of market participants, which is required in order to conduct transactions within the Market
  • guarantees that market participants will be required to provide to ensure the performance and fulfillment of their obligations pursuant to the Guidelines
  • provisions regulating access to the National Electric System, as well as the transfer of assets
  • components of the short-term energy market, including general aspects of the offers for sale and purchase of electricity, virtual offers, bilateral transactions and offers from power plants, among others
  • operation of the short-term energy market, including Day Ahead Market, Real Time Market and the rules controlling coordination with the natural gas market
  • components and procedures for the operation of medium- and long-term auctions
  • rules governing surveillance of the Market, which will be performed by an Independent Market Observer and a Market Surveillance Unit
  • handling of breaches and resolution of disputes, including the procedures for suspension or restriction of a market participant’s activities in the Market.

Key Aspects of the Guidelines

Under the Guidelines, the Market will be operated by the National Center for Energy Control (CENACE), and Market participants will be able to enter into agreements with CENACE to purchase and sell electric energy, related services, power, clean energy certificates and other relevant products. Participants may enter into these agreements as generators, marketers, suppliers, nonsupplier marketers or qualified users. The implementation of the Market will be accomplished in several phases, some of which will begin as early as September 2015 (a testing phase) and others that will be delayed as far as 2018 or 2019.

Some of CENACE's obligations pursuant to the Guidelines are:

  • plan and control the operation of the National Electric System pursuant to the provisions of Guideline 6, the Network Code and operational provisions issued by the Energy Regulatory Commission (CRE)
  • report any monopolistic practices among market participants, any attempts by the participants to manipulate the Market or any other condition that may evidence lack of competition
  • inform the Independent Market Observer and the Market Surveillance Unit if it detects any practices or actions that compromise the effectiveness of the Market
  • inform CRE regarding any adjustments or amendments to the Guidelines that are necessary to fulfill the objectives of the Electricity Industry Act.

The Guidelines allow participants to purchase and sell energy and related products and services in two submarkets, known as the Real Time Market and the Day Ahead Market. The Hour Ahead Market will be available between 2017 and 2018.

Pursuant to the Guidelines, agreements for purchase and sale of power and energy with a term of up to three years shall be awarded to authorized market participants via medium-term auctions. Power and cumulative energy purchase and sale agreements with a term of up to 15 years, as well as agreements for the sale of clean energy certificates with a term of up to 20 years, shall be awarded via long-term auctions. Basic suppliers, qualified suppliers, last recourse suppliers and qualified users are the entities allowed to participate in the auctions.

The Guidelines also contemplate a coordinated effort between the gas sector and the electricity sector, although market participants are not released from applicable penalties should natural gas be unavailable to a participant at any given time, unless the participant’s particular circumstances fall within the scope of the exceptions contemplated by the Guidelines.

Importantly, the Guidelines lay the foundation for the purchase and sale of clean energy certificates. Participants will be able to sell clean energy certificates at any price, but CENACE will not allow any participant to make a sale offer that surpasses the actual number of certificates in such participant’s possession, pursuant to CRE’s records.

The Guidelines are a significant step in the restructuring of Mexico’s energy sector, which is aimed at creating an efficient, reliable and competitive electricity market, thereby improving the quality of the service for the benefit of the country and its consumers. These Guidelines will, in turn, give rise to the creation of rules and regulations containing procedures, manuals and processes that are essential to the operation of the Market.

Contact Information

If you have any questions regarding this alert, please contact:

Dino Elizardo Barajas
Partner
dbarajas@akingump.com
310.552.6613
Los Angeles

Steven P. Otillar
Partner
sotillar@akingump.com
713.250.2225
Houston

Vladimir Fet
Counsel
vfet@akingump.com
310.552.6616
Los Angeles

Larissa Calva Ruiz

Staff Attorney
lcalvaruiz@akingump.com
310. 229.1063
Los Angeles

 

 

Share This Insight

Previous Entries

Speaking Energy

November 6, 2025

The market for the direct procurement of energy by commercial and industrial buyers has been active in the U.S. for a decade.  In years past, buyers often engaged in such purchases on a voluntary basis to achieve their goals to use renewable energy.  These days, C&I buyers are turning to direct procurement or self-supply to obtain a reliable source of energy.  Sufficient and accessible energy from a local utility may not be available or may be materially delayed or trigger significant capital costs.  This is a material change driven in part by increased demand for electricity, including demand from data centers, EV infrastructure and industrial development.       

...

Read More

Speaking Energy

October 27, 2025

On October 23, 2025, the Secretary of the U.S. Department of Energy (DOE) directed the Federal Energy Regulatory Commission (FERC) to conduct a rulemaking to assert jurisdiction over load interconnections to the bulk electric transmission system and establish standardized procedures for the interconnection of large loads.1 The Directive included an advanced notice of proposed rulemaking (ANOPR) that sets forth the legal justification for asserting jurisdiction over transmission-level load interconnections and fourteen principles that should inform FERC’s rulemaking process. The Secretary has directed FERC to take “final action” on the Directive no later than April 30, 2026.

...

Read More

Speaking Energy

October 24, 2025

On October 21, 2025, the U.S. Department of Energy (DOE) issued a final order (DOE/FECM Order No. 5264-A1) granting Venture Global CP2 LNG, LLC long-term authorization to export up to 1,446 billion cubic feet per year of domestically produced liquefied natural gas (LNG) from its Louisiana facility to countries without a free trade agreement with the United States (Non-FTA Countries). The final order follows a March 2025 Conditional Order,2 which issued while DOE was still completing its review of the agency’s 2024 LNG Export Study.3 The final order confirms that the project’s export volume and term authorization (through December 31, 2050) are unchanged, but provides for a three-year “make-up period” to allow export of any approved volume not shipped during the original term.

...

Read More

Speaking Energy

October 9, 2025

On October 1, 2025, the Federal Energy Regulatory Commission (FERC or the Commission) issued Order No. 914 amending certain Commission regulations to incorporate a conditional sunset date in compliance with the Trump administration’s April 2025 Executive Order, “Zero-Based Regulatory Budgeting to Unleash American Energy” (the EO).

...

Read More

Speaking Energy

October 8, 2025

Akin is pleased to serve as a gold sponsor for Infocast’s Energy Independence Summit in Houston, October 21-23. Energy partner Charlie Ofner will moderate the Macroeconomics of Domestic Energy Independence panel, projects & energy transition partner Shariff Barakat will lead Opportunities in US Manufacturing: How Big, How Fast, How FEOC?, and counsel Taha Qureshi will guide the discussion on Cornerstones for Energy Independence: Investing in Grid Security & Cybersecurity.

...

Read More

Speaking Energy

October 6, 2025

As of October 6, 2025, the Federal Energy Regulatory Commission (FERC) continues to operate despite the lapse in appropriations that resulted in a government shutdown on October 1, 2025. While FERC receives appropriations from Congress, it primarily is self-funded through fees and charges obtained from the industries it regulates, offsetting its total costs. Hence, during prior government shutdowns in 2018 and 2013, the agency was able to continue operations. However, FERC published a plan for operating in the event of a lapse in appropriations on September 30, 2025, available here

...

Read More

Speaking Energy

September 8, 2025

On September 4, 2025, the Senate Energy and Natural Resources Committee convened a hearing to consider the nominations of Laura Swett and David LaCerte to serve as commissioners at the Federal Energy Regulatory Commission (FERC or Commission). Swett is a former FERC Staff that served as legal and policy advisor to former FERC Chairman Kevin McIntyre and Commission Bernard McNamee. LaCerte is an attorney in private practice that previously held positions at the Chemical Safety and Hazard Investigation Board and the Louisiana Department of Veterans Affairs.

...

Read More

Speaking Energy

September 9, 2025

On August 29, 2025, Christopher Wright, the Secretary of the U.S. Department of Energy (DOE) submitted a proposal to the Federal Energy Regulatory Commission (FERC) under section 403 of the Department of Energy Organization Act (DOE Organization Act), asking that FERC terminate its long-running proceeding in Docket No. PL18-1, which addresses proposed updates to its policy statement on the Certification of New Interstate Natural Gas Facilities. The docket resulted in a draft policy statement that has never been finalized, nor relied upon by FERC in a published order, but would require FERC to consider environmental impacts and potential mitigation prior to making a public interest determination under the Natural Gas Act (NGA). The Secretary asks FERC to rescind the draft policy statement in its entirety to remove any uncertainty in gas infrastructure development. Rescission would require FERC to initiate a new docket and develop a new record should it want to reinitiate similar policy changes in the future.

...

Read More

© 2025 Akin Gump Strauss Hauer & Feld LLP. All rights reserved. Attorney advertising. This document is distributed for informational use only; it does not constitute legal advice and should not be used as such. Prior results do not guarantee a similar outcome. Akin is the practicing name of Akin Gump LLP, a New York limited liability partnership authorized and regulated by the Solicitors Regulation Authority under number 267321. A list of the partners is available for inspection at Eighth Floor, Ten Bishops Square, London E1 6EG. For more information about Akin Gump LLP, Akin Gump Strauss Hauer & Feld LLP and other associated entities under which the Akin Gump network operates worldwide, please see our Legal Notices page.