House of Representatives Approves the Amendment of Mexico’s Electricity Industry Law

On February 23, 2021, the House of Representatives discussed and approved the draft of the Amendment of the Electricity Industry Law proposed by Mexico President López Obrador with a total of 304 votes. One of the most relevant features of the Amendment is the modification of the dispatch order, disregarding economic efficiency mechanics, which will result in more expensive and dirty energy.

This Legal Update details the session of the House of Representatives and the next steps on the legislative process.