"Mexico presents plan to shutter private power plants", 11 October 2021

...Mexico’s president presented details on Monday of a proposal that is likely to squeeze out hundreds of private power generating plants and may provoke complaints under the Mexico-U.S.-Canada free trade accord.

The constitutional reform presented by President Andrés Manuel López Obrador would cancel contracts under which 34 private plants sell power into the national grid. The plan declares “illegal” another 239 private plants that sell energy direct to corporate clients in Mexico. It also would cancel many long-term energy supply contracts and clean-energy preferential buying schemes, often affecting foreign companies...

It guarantees the government utility a market share of “at least” 54%, contradicting promises to reserve 46% for private companies...

Many of the private plants were built by foreign investors under a 2013 energy reform that the president wants to roll back, and analysts say those foreign companies could file complaints under the USMCA trade pact rules that guarantee foreigners equal treatment and forbid favoring local or government firms...

Oddly, the president’s plan doesn’t appear to focus on what many observers say is one of the real deficiencies of the current electrical system: the fact that private firms don’t have to pay much of the cost of transmission for the power they produce...