The development of Peru’s energy market has been rife with challenges and opportunities in recent years. While Peru...
Peru Energy
Peru has seen relatively stable economic growth and significantly reduced the number of people living in poverty. Still, there have been multiple cases of corruption, but the government of President Martín Vizcarra Cornejo, who took office in 2018, has focused efforts on combatting this and stabilising the political climate. Nevertheless, challenges to ensuring sustainable development remain.
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Aprovechando el impulso del sector de energías renovables del Perú, una empresa energética local ha emitido el primer Bono Verde internacional no garantizado del país.
Interviews & Viewpoints | Jorge Olazábal, General Manager, Cálidda: Interview from The Report: Peru 2019
Articles & Analysis | Peru targets investment in renewable energy from The Report: Peru 2019
As of May 2019 Peru maintained 14,900 MW of renewable energy generation capacity, based on a mix of contributions from hydroelectric, wind, biomass and solar facilities. Hydroelectric and wind provided 43% and 40%, respectively; biomass sourced a further 11.6%; and solar produced the remaining 5%. The country earned a reputation as a...
Articles & Analysis | As costs decline, renewable sources are seeing an inexorable rise, particularly among developing economies from The Report: Peru 2019
Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies...
Articles & Analysis | Peru seeks to unlock investment in mining from The Report: Peru 2019
Peru boasts significant mining potential thanks to an abundance of geological resources and a competitive ecosystem that facilitates business. Furthermore, the sector is a key contributor to the broader economy. According to BBVA Research, in 2017 the mining industry accounted for 60% of total exports, 11% of private investment, 10% of GDP, 5...
Articles & Analysis | Lithium discovery positions Peru to capitalise on global demand from The Report: Peru 2019
While Canada-based Plateau Energy Metals’ Macusani uranium project near Puno is undergoing preliminary economic assessments, its lithium reserves, which were discovered unexpectedly in November 2017, are giving rise to interest in an area that could see Peru become a major player in the global lithium boom. Plateau Energy Metals began as a...