Peru the energy storage revolution action 11

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.

What are the energy policy objectives of Peru?

The same happened with Bill 6953 of 2021, which was not approved by the Commission of Energy and Mines of the Congress of Peru, as analyzed before. For this reason, energy policy objectives should aim, on the one hand, at recovering the State's capacity to decide the structure of our energy matrix in the long term.

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.

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.

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.

Does Peru have a power reserve margin?

This means that Peru has a particularly important power reserve margin. The installed capacity of 15,223 MW (Fig. 2) is composed of efficient and inefficient generation. Efficient generation, as defined by the COES, comes from hydroelectric plants, natural gas plants and RER. Inefficient generation comes mainly from diesel thermal power plants.