One of the main objectives of Mexico’s current Federal Administration is to strengthen the energy sector, with particular emphasis on the State’s power and oil companies: Comisión Federal de Electricidad (CFE) and Petróleos Mexicanos (Pemex). In line with this objective, on March 10, 2021, a substantial reform to the Electricity Industry Law went into effect, which purports to provide security and reliability to the electricity system, as well as to foster the country’s energy autonomy.