The Supreme Court of Mexico ruled against proposed changes to how the country’s electricity market is regulated, saying they would prioritize the state utility over private companies, which was unconstitutional. The Wall Street Journal reports that the ruling would set back efforts by President Andres Manuel Lopez Obrador to give more power to state-owned companies such as utility CFE and oil giant Pemex. The Mexican Energy Ministry last year published a policy that required the grid operator of the country to buy electricity from CFE before…
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