Luz Elena González Escobar, Mexico’s energy minister, has quickly emerged as a key figure in the nation’s economic and energy policy, leveraging decades of experience in finance and urban planning.
Before being appointed to the federal government, González served as Mexico City’s finance minister under then-Mayor Claudia Sheinbaum. She now holds significant sway as chair of the boards of both Pemex and the Federal Electricity Commission (CFE), making her one of the most powerful voices in the cabinet.
In February, González unveiled the National Electric System Strengthening and Expansion Plan 2025-2030, which allocates US $32.7 billion to modernize and expand the country’s power grid. The goal, she said, is to “ensure that no productive process or investment will be delayed due to a lack of energy.”
Internationally, González has prioritized energy diplomacy, particularly with the United States. In March, she met with U.S. Energy Secretary Christopher Wright at CERAWeek in Houston. The meeting led to agreements on continued cooperation, increased investment in petroleum and natural gas, and streamlined engagement for U.S. companies seeking to invest in Mexico.
Framing energy as “an enabler of development,” González has pledged to cut red tape and facilitate investment. As Mexico faces mounting pressure to modernize infrastructure while transitioning to cleaner energy, her leadership will be central to balancing sovereignty, private capital, and global collaboration.
Whether Mexico can deliver on these promises remains to be seen — but the stakes for its economy are high. Mexico News Daily’s María Meléndez explains what you need to know about another low-profile but high-power government figure.
Mexico News Daily