Energy demand in Peru has grown at roughly 11% per year in the past 5 years, while installed capacity has expanded by an average of 5% over the same period. The growth and expansion will require investments through 2020 of approximately $10-15 billion US–investments which will come from both public and private entities.
Peru's government launched an auction in August for 1,300 GWh of renewable energy per year and another 450 GWh from hydropower projects of up to 20 MW each.
The auction, the fourth for renewable energy in the country, will provide clean energy in the national system and for the first time in isolated areas. Thus, renewable power generation is expected to get closer to 5% of the mix, as projected by the government, compared to 3.5% now.
The state will specify the 1,300 GWh through the bidding terms, according to the website of energy regulator Osinergmin.
The Peru Energy Summit, in its 4th year, will examine major investment, development and operational challenges and opportunities present in the market, with over 30 presenters and 200 attendees attending from the most important public and private entities actively participating in the market.
|Early Bird II||$1,000||11/28/16|
|Early Bird III||$1,200||12/18/16|
|Early Bird IV||$1,400||01/30/17|
|Early Bird V||$1,600||02/27/17|
Head of Energy Group
Business Development Associate