Peru : Institutional and Financial Framework for Development of Small Hydropower
Peru is favored by a stable and growing economy and the availability of indigenous sources of energy for electricity generation, hydro and natural gas. Installed capacity in Peru in 2006 was 6658 MW, of which 48 percent was hydro-based. However, re...
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/105681468296419006/Peru-Institutional-and-financial-framework-for-development-of-small-hydropower http://hdl.handle.net/10986/28103 |
| Summary: | Peru is favored by a stable and growing
economy and the availability of indigenous sources of energy
for electricity generation, hydro and natural gas. Installed
capacity in Peru in 2006 was 6658 MW, of which 48 percent
was hydro-based. However, regarding new investment in
generation, there is reason for concern. Demand growth over
the past five years has been 5-10 percent, with no signs of
slowing down. At the rate of 10 percent demand growth, 400
MW of new generation capacity is necessary each year,
representing at least US$250 million annually of new
investment. The present study on small hydropower contains
the following sections: (i) introduction; (ii) technical
potential for development of small hydropower in Peru; (iii)
economic and financial viability of small hydro development
in Peru; (iv) institutional and regulatory environment; (v)
identification of barriers to small hydropower development
and mitigation measures; (vi) international experience with
small hydropower development; (vii) the potential impact of
the Renewable Energy Decree; and finally, (vii) conclusions
and recommendations. |
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