The impact of trade with the United States on electric loads in Mexico

被引:2
|
作者
Vatter, Marc H. [1 ]
Suurkask, Daniel F. [1 ]
机构
[1] Elevat Direct, 3753 Howard Hughes Pkwy, Las Vegas, NV 89169 USA
来源
HELIYON | 2018年 / 4卷 / 08期
关键词
Economics; Business; Energy;
D O I
10.1016/j.heliyon.2018.e00717
中图分类号
O [数理科学和化学]; P [天文学、地球科学]; Q [生物科学]; N [自然科学总论];
学科分类号
07 ; 0710 ; 09 ;
摘要
We quantify the relationship between trade with the U.S. and electric loads in Mexico. Exports to the U.S. are highly statistically significant in explaining energy loads and significant in explaining peak loads, both in the presence and the absence of a deterministic trend in loads. These results support the hypothesis that trade impacts industrial load disproportionately. We conclude that a failure to renegotiate NAFTA is an important regulatory risk for buyers and sellers of electricity in Mexico. We offer an approach to adjusting forecasts accordingly.
引用
收藏
页数:19
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