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    Unprecedented energy crisis for Nuevo León's industry

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    February 18, 2021

    For Nuevo León's industrialists, the energy crisis faced in recent days has had important consequences for the sector's production and income. important consequences for the sector's production and income. The effects have not ceased and the outlook the outlook looks even more complicated than what we have seen recently. Although it was announced that electric power service has been service has been reestablished for households, industry begins its recovery as of this morning.

    In addition, the situation would worsen at a higher rate than in the past. unprecedented crisis by the conjugation of two important important factors that we must monitor:

    1. Shortage of natural gasThe Company's natural gas production in the northern region of the country was (CENEGAS) has issued to restrict the use of this input for users in the northern zone.

    2. The latent risk of imbalances again and power outages for the next few days. power outages for the next few days. CENACE's northern region is making its best effort to sustain the industrial power supply. industrial power supply, and we are in constant communication to do so.

    The effects on the energy sector are unparalleled, since with 4 days without gas or electricity, practically any industrial manufacturing production process comes to a halt. power, practically any industrial manufacturing production process comes to a halt. With this, to date, more than 13,984 million pesos have been accumulated in production losses for manufacturing in Nuevo León. If immediate action is not taken, this figure will continue to grow in the coming days, with its consequences with its consequences for the income and employment of the population in general.

    The above is combined with the enormous consequences of the interruption of manufacturing value chains, the stoppage of purchase orders for the interruption of manufacturing value chains, the stoppage of purchase orders to the sector's SME suppliers, as well as a rethinking of domestic and foreign investment plans. and a rethinking of domestic and foreign investment plans.

    The challenge we face as a country is to expand our capacity to produce and store natural gas in our territory (which happens to be rich in subsoil for this purpose), as well as to solve our natural gas in our territory (which happens to be rich in subsoil for this purpose), as well as to solve the lack of infrastructure in electricity transmission networks and to include new sources of energy. infrastructure in electricity transmission networks and to include new generation sources such as renewable energies. generation sources such as renewable energies.

    The urgent call to the authorities is to implement actions in a sensible and transparent manner in the shortest possible time, as well as the development of an and transparent actions in the shortest time possible, as well as the development of a clear, accurate, robust and reliable energy policy for investment for investment and joint work between the private and public sectors. to increase the capacity of Mexico's the current infrastructure in Mexico's energy sector.

    CAINTRA NUEVO LEÓN