Jude Webber in Mexico City
In a blow for Mexico’s nationalist energy policy, the Supreme Court on Wednesday threw out a partial government attempt to rewrite electricity sector rules that it had argued were vital in times of Covid-19, saying it was an attempt to give “undue advantage” to state utility CFE.
The government had sought to ram through rule changes last May that private generators feared would squeeze them out of the market. Rocío Nahle, energy minister, had argued that the changes were vital to ensure reliability of power supplies during the Covid-19 pandemic.
The Supreme Court’s ruling came