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Energy SectorOverviewReturn to topEnergy Market2008 2009** 2010 (estimated)Total Market Size 11,745.0 10,608.0 10,823.8Total Local Production 5,627.0 5,120.6 5,171.8Total Exports 14,112.0 13,124.2 13,517.9Total Imports 20,230.0 18,611.6 19,169.9Imports from the U.S. 14,120.0 13,416.0 13.952.6Oil and Gas Market2008 2009** 2010 (estimated)Total Market Size 6,725.0 6,151.5 6,616.7Total Local Production 2,115.0 1.924.6 1.963.0Total Exports 1,430.0 1,329.9 1,369.8Total Imports 6,040.0 5,556.8 5,723.5Imports from the U.S. 4,163.0 3,954.9 4,073.5Electrical Power and Renewable Energy Market2008 2009** 2010 (estimated)Total Market Size 5,200.0 4,456.5 4,507.1Total Local Production 3,240.0 3,196.0 3,208.8Total Exports 12,270.0 11,794.3 12,148.1Total Imports 14,230.0 13,054.8 13,446.4Imports from the U.S. 9,950.0 9,461.1 9,879.1Figures listed in USD millions. * Exchange rate: 1 USD = 12.92 pesos** Based on statistics available from January to November 2009 (11 months). Source of information:BANCOMEXT, -Mexican Import/Export Bank statistics, Secretary of Economy Statistics. 2010 figures areestimated based on projections provided by Mexico’s Central Bank officials, PEMEX and CFE andinterviews with members of the Mexican College of Petroleum Engineers, from the National Energy SavingsCommission, and representatives of U.S. companies in Mexico.As illustrated above, in 2010, world-wide imports into Mexico of energy-relatedequipment and services will increase by approximately 3 percent. During the sameperiod, U.S. exports to Mexico will grow by an estimated 4 percent. U.S. companiescurrently supply almost two thirds of all imported energy-related equipment and servicesinto Mexico.Energy production and infrastructure will continue to be a priority for Mexico’s federalgovernment during the period 2010-2012. State-owned energy companies, PetroleosMexicanos (PEMEX), and the Comision Federal de Electricidad (CFE), have beengranted a 2010 budget of USD 21 billion for new energy infrastructure and themaintenance of existing power plants, refineries, oil and gas pipelines, etc.Although the Mexican energy market has been slow to open to new renewabletechnologies, there is movement in the government towards the establishment ofrenewables as part of the National Energy Plan. In 2007, President Felipe Calderonproposed that by 2012, 8% of all electricity would come from renewable energies,