1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 5
1.2 List of Figures 6
2 Executive Summary 7
2.1 Global Carbon Emissions to Increase at a Lower rate During the Forecast Period 7
2.2 Technological Advancements and Government Support Driving Global Renewable Power Installations 7
2.3 Thermal Power is the Dominant Source in the Power Mix in Mexico 7
2.4 Target to Increase the Share of Clean Power to 35% in the Country’s Power Mix by 2024 9
3 Introduction 10
3.1 Carbon Emissions, Global, 2001-2016 10
3.2 Primary Energy Consumption, Global, 2001-2030 12
3.3 Geothermal Power, Global, Technology Definition and Classification 15
3.3.1 Conversion Technologies 15
3.4 Report Guidance 16
4 Renewable Power Market, Global, 2006-2030 17
4.1 Renewable Power Market, Global, Overview 17
4.2 Renewable Power Market, Global, Installed Capacity, 2006-2030 18
4.2.1 Renewable Power Market, Global, Cumulative Installed Capacity by Source Type, 2006-2030 18
4.2.2 Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type, 2016 and 2030 20
4.2.3 Renewable Power Market, Global, Net Capacity Additions by Source Type, 2016-2030 22
4.2.4 Renewable Power Market, Global, Comparison by Cumulative Installed Capacity of Technology, 2016-2030 24
4.3 Renewable Power Market, Global, Power Generation, 2006-2030 26
4.3.1 Renewable Power Market, Global, Power Generation by Source Type, 2006-2030 26
4.3.2 Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2016-2030 28
4.4 Renewable Power Market, Global, LCOE Comparison of Power Generating Sources, 2016 30
5 Geothermal Market, Global, 2006-2030 33
5.1 Geothermal Power Market, Global, Overview 33
5.2 Geothermal Market, Global, Installed Capacity, 2006-2030 34
5.2.1 Geothermal Power Market, Global, Installed Capacity Share by Region, 2016 and 2030 36
5.2.2 Geothermal Power Market, Global, Installed Capacity Share by Country, 2016 and 2030 37
5.3 Geothermal Market, Global, Power Generation, 2006-2030 39
5.3.1 Geothermal Market, Global, Generation Share by Region, 2016 and 2030 41
5.3.2 Geothermal Market, Global, Generation Share by Country, 2016 and 2030 42
5.4 Geothermal Market, Global, Investment Trends, 2016-2020 44
6 Power Market, Mexico, 2006-2030 46
6.1 Power Market, Mexico, Overview 46
6.2 Power Market, Mexico, Installed Capacity, 2006-2030 47
6.2.1 Power Market, Mexico, Cumulative Installed Capacity by Fuel Type, 2006-2030 47
6.2.2 Power Market, Mexico, Share in Cumulative Installed Capacity Split by Source Type, 2016 and 2030 50
6.2.3 Power Market, Mexico, Net Capacity Additions by Fuel Type, 2016 and 2030 51
6.2.4 Power Market, Mexico, Comparison of Technologies Based on Installed Capacity, 2016-2030 53
6.3 Power Market, Mexico, Power Generation, 2006-2030 55
6.3.1 Power Market, Mexico, Power Generation by Fuel Type, 2006-2030 55
6.3.2 Power Market, Mexico, Comparison of Technologies Based on Power Generation, 2016-2030 57
7 Renewable Power Market, Mexico, 2006-2030 59
7.1 Renewable Power Market, Mexico, Overview 59
7.2 Renewable Power Market, Mexico, Installed Capacity, 2006-2030 60
7.2.1 Renewable Power Market, Mexico, Cumulative Installed Capacity by Source Type, 2006-2030 60
7.2.2 Renewable Power Market, Mexico, Cumulative Installed Capacity Split by Source Type, 2016 and 2030 63
7.2.3 Renewable Power Market, Mexico, Net Capacity Additions by Source Type, 2016-2030 65
7.2.4 Renewable Power Market, Mexico, Comparison of Renewable Power Sources Based on Installed Capacity, 2016-2030 67
7.3 Renewable Power Market, Mexico, Power Generation, 2006-2030 69
7.3.1 Renewable Power Market, Mexico, Power Generation by Source Type, 2006-2030 69
7.3.2 Renewable Power Market, Mexico, Comparison of Renewable Power Sources Based on Power Generation, 2016-2030 72
8 Geothermal Market, Mexico, 2006-2030 74
8.1 Geothermal Market, Mexico, Overview 74
8.2 Geothermal Power Market, Mexico, Installed Capacity, 2006-2030 75
8.3 Geothermal Power Market, Mexico, Power Generation, 2006-2030 77
8.4 Geothermal Power Market, Mexico, Investment Trends, 2016-2020 79
8.5 Geothermal Power Market, Mexico, Project Based Analysis, 2016 80
8.5.1 Geothermal Power Market, Mexico, Major Active Plants, 2016 80
8.5.2 Geothermal Power Market, Mexico, Key Under-construction Projects, 2016 80
8.6 Geothermal Power Market, Mexico, Deal Analysis, 2016 81
8.6.1 Geothermal Power Market, Mexico, Deal Volume vs. Deal Value, 2006-2016 81
9 Power Market, Regulatory Scenario, Mexico 83
9.1 Overview 83
9.2 Electricity Industry Law 83
9.3 Capacity and Power Auctions Supported by Clean Energy Certificates 84
9.4 Renewable Energy Auctions 84
9.5 Mexico Renewable Energy Program 85
9.6 Energy Transition Law (Ley de Transición Energética, LTE) 86
9.7 General Law of Climate Change (Ley General de Cambio Climático) 86
9.8 Special Program for the Use of Renewable Energy 86
9.9 Resolution on Net-Metering 86
9.10 National Energy Strategy 87
9.11 National Commission for the Efficient Use of Energy 87
9.12 Large-Scale Renewable Energy Development Project 87
9.13 Accelerated Depreciation for Environmental Investment 88
9.14 Wheeling Service Agreement for Electricity from Renewable Energy Sources 88
9.15 Methodology to Establish Service Charges for the Transmission of Renewable Electricity 88
9.16 Grid Interconnection Contract for Renewable Energy 88
9.17 Renewable Energy Outlook - Vision for 2030 on the Use of Renewable Energy in Mexico 89
9.18 Renewable Energy Promotion-PromovER 89
9.19 Integrated Energy Services Project, 2007-2014 89
9.20 Light in the House Program (Luz en Casa Oaxaca) 90
9.21 Light for Mexico Program 90
9.22 Financial Incentives and Policy Support for Wind 90
9.23 Resolution on Interconnection of large hydro plants 90
9.24 Geothermal Energy Act 90
9.25 Law for the Promotion and Development of Bioenergy 91
9.26 Sustainable Rural Development Project for the Promotion of Alternative Energy Sources in Agribusiness 91
9.27 Value Added Agribusiness Risk Sharing Schemes 92
9.28 Program for Financing of Electric Energy Saving 92
9.29 Guidelines establishing and issuing Clean Energy Certificates 92
9.30 Law for the Sustainable Use of Energy (Ley para el Aprovechamiento Sustentable de la Energía, LASE) 93
9.31 Law for Sustainable Use of Energy and the National Program for the Sustainable Use of Energy (PRONASE) 93
9.32 Compact Fluorescent Lamp Market 94
9.33 Solar Water Heaters Program 94
9.34 Green Mortgage Program 94
9.35 Nationally Determined Contribution (NDC) to the Paris Agreement (COP21) 95
10 Geothermal Power Market, Mexico, Company Profiles 96
10.1 Company Snapshot: Toshiba Corporation 96
10.1.1 Toshiba Corporation - Company Overview 96
10.1.2 Toshiba Corporation - Business Description 96
10.1.3 Toshiba Corporation - SWOT Analysis 96
10.1.4 Toshiba Corporation - Major Products and Services 100
10.1.5 Toshiba Corporation - Head Office 101
10.2 Company Snapshot: Mitsubishi Heavy Industries, Ltd. 102
10.2.1 Mitsubishi Heavy Industries, Ltd. - Company Overview 102
10.2.2 Mitsubishi Heavy Industries, Ltd. - Business Description 102
10.2.3 Mitsubishi Heavy Industries, Ltd. - SWOT Analysis 104
10.2.4 Mitsubishi Heavy Industries, Ltd. - Major Products and Services 107
10.2.5 Mitsubishi Heavy Industries, Ltd. - Head Office 110
10.3 Company Snapshot: Comision Federal de Electricidad 111
10.3.1 Comision Federal de Electricidad - Company Overview 111
10.3.2 Comision Federal de Electricidad - Business Description 111
10.3.3 Comision Federal de Electricidad - SWOT Analysis 111
10.3.4 Comision Federal de Electricidad - Major Products and Services 114
10.3.5 Comision Federal de Electricidad - Head Office 114
10.4 Company Snapshot: Alstom SA 115
10.4.1 Alstom SA - Company Overview 115
10.4.2 Alstom SA - Business Description 115
10.4.3 Alstom SA - SWOT Analysis 115
10.4.4 Alstom SA - Major Products and Services 118
10.4.5 Alstom SA - Head Office 120
11 Appendix 121
11.1 Abbreviations 121
11.2 Bibliography 121
11.3 Market Definitions 122
11.4 Methodology 122
11.5 Coverage 122
11.5.1 Secondary Research 123
11.5.2 Primary Research 123
11.5.3 Modeling and Forecasting 123
11.6 Contact Us 123
11.7 Disclaimer 124

1.1 List of Tables
Table 1: Carbon Dioxide Emissions from Energy Consumption, Global (MT), 2001-2016 12
Table 2: Primary Energy Consumption, Global (Mtoe), 2001-2030 14
Table 3: Renewable Power Market, Global, Cumulative Installed Capacity by Source Type (MW), 2006-2030 19
Table 4: Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type (%), 2016 and 2030 21
Table 5: Renewable Power Market, Global, Net Capacity Additions by Source Type (MW), 2016-2030 23
Table 6: Renewable Power Market, Global, Comparison by Cumulative Installed Capacity of Technology, 2016-2030 25
Table 7: Renewable Power Market, Global, Power Generation (GWh), 2006-2030 27
Table 8: Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2016-2030 29
Table 9: Renewable Power Market, Global, Assumptions for LCOE Calculation 30
Table 10: Renewable Power Market, Global, LCOE Comparison of Power-generating Sources ($/kWh), 2016 32
Table 11: Geothermal Market, Global, Installed Capacity (MW), 2006-2030 35
Table 12: Geothermal Power Market, Global, Cumulative Installed Capacity Share by Region (%), 2016 and 2030 36
Table 13: Geothermal Power Market, Global, Cumulative Installed Capacity Share by Country (%), 2016 and 2030 38
Table 14: Geothermal Power Market, Global, Power Generation (GWh), 2006-2030 40
Table 15: Geothermal Power Market, Global, Generation Share by Region (%), 2016 and 2030 41
Table 16: Geothermal Market, Global, Generation Share by Country (%), 2016 and 2030 43
Table 17: Geothermal Market, Global, Investment Trends, 2016-2020 45
Table 18: Power Market, Mexico, Cumulative Installed Capacity by Fuel Type(MW), 2006-2030 49
Table 19: Power Market, Mexico, Cumulative Installed Capacity Split by Source Type (%), 2016 and 2030 50
Table 20: Power Market, Mexico, Net Capacity Additions by Fuel Type(MW), 2016 and 2030 52
Table 21: Power Market, Mexico, Comparison of Technologies Based on Installed Capacity, 2016-2030 54
Table 22: Power Market, Mexico, Power Generation by Fuel Type (GWh), 2006-2030 56
Table 23: Power Market, Mexico, Comparison of Technologies Based on Power Generation, 2016-2030 58
Table 24: Renewable Power Market, Mexico, Cumulative Installed Capacity by Source Type (MW), 2006-2030 62
Table 25: Renewable Power Market, Mexico, Cumulative Installed Capacity Split by Source Type (%), 2016 and 2030 64
Table 26: Renewable Power Market, Mexico, Net Capacity Additions by Source Type (MW), 2016-2030 66
Table 27: Renewable Power Market, Mexico, Comparison of Renewable Power Sources Based on Installed Capacity, 2016-2030 68
Table 28: Renewable Power Market, Mexico, Power Generation by Source Type (GWh), 2006-2030 71
Table 29: Renewable Power Market, Mexico, Comparison of Renewable Power Sources Based on Power Generation, 2016-2030 73
Table 30: Geothermal Power Market, Mexico, Installed Capacity (MW), 2006-2030 76
Table 31: Geothermal Power Market, Mexico, Power Generation (GWh), 2006-2030 78
Table 32: Geothermal Power Market, Mexico, New Investment ($m), 2016-2020 79
Table 33: Geothermal Power Market, Mexico, Major Active Plants, 2016 80
Table 34: Geothermal Power Market, Mexico, Key Under-construction Projects, 2016 80
Table 35: Geothermal Power Market, Mexico, Deal Volume vs. Deal Value ($m), 2006-2016 82
Table 36: Toshiba Corporation, Major Products and Services 100
Table 37: Mitsubishi Heavy Industries, Ltd., Major Products and Services 107
Table 38: Comision Federal de Electricidad, Major Products and Services 114
Table 39: Alstom SA, Major Products and Services 118
Table 40: Abbreviations 121

1.2 List of Figures
Figure 1: Power Market, Mexico, Cumulative Installed Capacity by Type of Power Plant (%), 2016 8
Figure 2: Carbon-di-oxide Emissions from Energy Consumption, Global (MT), 2001-2016 11
Figure 3: Primary Energy Consumption, Global (Mtoe), 2001-2030 13
Figure 4: Renewable Power Market, Global, Cumulative Installed Capacity by Source Type (MW), 2006-2030 18
Figure 5: Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type (%), 2016 and 2030 20
Figure 6: Renewable Power Market, Global, Net Capacity Additions by Source Type (MW), 2016-2030 22
Figure 7: Renewable Power Market, Global, Comparison by Cumulative Installed Capacity of Technology, 2016-2030 24
Figure 8: Renewable Power Market, Global, Power Generation (GWh), 2006-2030 26
Figure 9: Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2016-2030 28
Figure 10: Renewable Power Market, Global, LCOE Comparison of Power-generating Sources ($/kWh), 2016 31
Figure 11: Geothermal Market, Global, Installed Capacity (MW), 2006-2030 34
Figure 12: Geothermal Power Market, Global, Cumulative Installed Capacity Share by Region (%), 2016 and 2030 36
Figure 13: Geothermal Power Market, Global, Cumulative Installed Capacity Share by Country (%), 2016 and 2030 37
Figure 14: Geothermal Power Market, Global, Power Generation (GWh), 2006-2030 39
Figure 15: Geothermal Power Market, Global, Generation Share by Region (%), 2016 and 2030 41
Figure 16: Geothermal Market, Global, Generation Share by Country (%), 2016 and 2030 42
Figure 17: Geothermal Market, Global, Investment Trends, 2016-2020 44
Figure 18: Power Market, Mexico, Cumulative Installed Capacity by Fuel Type(MW), 2006-2030 48
Figure 19: Power Market, Mexico, Cumulative Installed Capacity Split by Source Type (%), 2016 and 2030 50
Figure 20: Power Market, Mexico, Net Capacity Additions by Fuel Type(MW), 2016 and 2030 51
Figure 21: Power Market, Mexico, Comparison of Technologies Based on Installed Capacity, 2016-2030 53
Figure 22: Power Market, Mexico, Power Generation by Fuel Type (GWh), 2006-2030 55
Figure 23: Power Market, Mexico, Comparison of Technologies Based on Power Generation, 2016-2030 57
Figure 24: Renewable Power Market, Mexico, Cumulative Installed Capacity by Source Type (MW), 2006-2030 61
Figure 25: Renewable Power Market, Mexico, Cumulative Installed Capacity Split by Source Type (%), 2016 and 2030 63
Figure 26: Renewable Power Market, Mexico, Net Capacity Additions by Source Type (MW), 2016-2030 65
Figure 27: Renewable Power Market, Mexico, Comparison of Renewable Power Sources Based on Installed Capacity, 2016-2030 67
Figure 28: Renewable Power Market, Mexico, Power Generation by Source Type (GWh), 2006-2030 70
Figure 29: Renewable Power Market, Mexico, Comparison of Renewable Power Sources Based on Power Generation, 2016-2030 72
Figure 30: Geothermal Power Market, Mexico, Installed Capacity (MW), 2006-2030 75
Figure 31: Geothermal Power Market, Mexico, Power Generation (GWh), 2006-2030 77
Figure 32: Geothermal Power Market, Mexico, New Investment ($m), 2016-2020 79
Figure 33: Geothermal Power Market, Mexico, Deal Volume vs. Deal Value ($m), 2006-2016 81