Mexico’s current energy transition is defined by both continuity and adaptation. After a six-year period marked by the rollback of the 2014 Energy Reform, the arrival of a new administration under President Claudia Sheinbaum has provided fresh clarity to the trajectory of national energy policy. While the foundational principles of energy sovereignty and CFE-led development remain intact, a more pragmatic tone is emerging. This shift has reopened the door, though in a more structured and selective fashion, for private sector participation in service of national objectives.

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