Are renewable energies a problem in Peru?

According to statements by the president of the Sociedad Peruana de Energías Renovables (2021)11: “There is a lot of opposition, unfortunately, to renewable energies taking a predominant or, at least, significant role in the Peruvian electricity sector.

What are the energy transition policies in Peru?

In 2008, Peru implemented important energy transition polices measures, in particular the creation of the Ministry of the Environment and the enactment of Legislative Decree 1002 (Gobierno del Gobierno del Perú, 2008), which aimed to promote the use of RER, establishing guidelines to define contribution percentages of RER in electricity generation.

How much power does Peru have?

According to a study published by the International Renewable Energy Agency (IRENA, 2014) Peru has a potential of 69,445 MW of hydroelectric power; 22,500 MW of wind power, located mainly on the Peruvian coast; 3,000 MW of geothermal power, and a solar energy power with average daily irradiance of 250W/m 2.

Should Peru raise its energy goal with RER?

In successive statements by the Ministers of Energy and Mines, it was constantly said that Peru should raise its goal of electricity generation with RER, from 5 to 15% by 2030. Let us remember that the goal of 5% was established in DL 1002 of 2008, where it was also said that new goals would be established for future years. But this did not happen.

How can Peru fulfill its commitments in environmental matters?

For Peru to fulfill its commitments in environmental matters, it is necessary to implement an updated legal framework and new policies that allow to renew the momentum to advance in the energy transition.

Why does Peru need a new energy matrix?

This article will analyze the causes of the difficulties that Peru presents to achieve a change of the energy matrix in electricity towards renewable energies, among which: lower economic growth, excess installed capacity, deficiencies in the regulatory framework and the need to changes that lead to a new institutional framework.