Ember, a London-based energy think tank, has reported that falling battery costs combined with Mexico’s solar potential could supply 90% of the country’s electricity demand. The report stated that this level of generation could be achieved through solar and storage while maintaining only 6% excess supply. According to Ember, Mexico was projected to reach 45% clean electricity by 2030 with 36 GW of solar capacity and 30 GWh of storage. This expansion was expected to reduce gas imports by 20% and generate annual savings of $1.6 billion. Ember also said that a more ambitious pathway could involve 165 GW of solar and 500 GWh of storage. Under such a scenario, Mexico could eliminate reliance on US gas imports and raise the clean electricity share to 82%. The report emphasized that solar costs were 38% higher and storage nearly double global averages, making deployment 50% more expensive, while political, regulatory, and equity barriers added further challenges.