On March 27, 2017, Guillermo Garcia Alcocer, Chairman of Mexico’s Energy Regulatory Commission, gave a lecture at the McCombs School of Business, as part of the KBH Center’s Spring 2017 Distinguished Lecture Series. Mr. Garcia’s presentation was titled, “Mexico’s Energy Regulatory Commission: Challenges and Opportunities in Reforming the Energy Industry,” and focused on Mexico’s energy reform, which, in terms of scope, depth, and space of implementation, has been ranked as the most ambitious energy system transformation worldwide in a long time. Chairman Garcia said during his presentation that the United States, Canada, and Mexico must collaborate to develop policies and regulations that make the North American energy opportunity a reality. Through this collaboration, he added, North America could become a relevant energy hub, considering its natural resource and infrastructure base across energy markets. In Mexico, for example, the energy reform has laid the foundations for an open and competitive natural gas market, and the CRE is continuously working to provide a regulatory framework that encourages natural gas production integration ties between Mexico and the U.S. Through its energy reform, Chairman Garcia emphasized, Mexico is taking steps in the right direction in terms of strengthening its transparency, accountability, and anti-corruption frameworks. Recent legal reforms and policies are designed to reinforce the rule of law and enable a more attractive business environment.
As part of his visit to UT, Chairman Garcia also met with Christi Craddick, Chairman of the Railroad Commission of Texas and Greg Fenves, President of The University of Texas at Austin.