Mexico has been in the news for being the first developing country to submit an emissions reduction target for 2030… but it also watered down its short-term renewable energy target.
The Mexican government targets 5% electricity from renewable energy sources by 2018. This is substantially lower than the 8.2% target proposed in draft policies issued last month. The target is part of a national energy plan released by Mexico’s energy secretary.
This short-term plan certainly looks insufficient to take Mexico to its medium-term target of 2024. By the middle of next decade, Mexico wants to procure 24% of its electricity from renewable energy sources. Going from 5% in 2018 to 24% in 2024 will require quite a leap.