The Americas Energy

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The exploitation of copper and gold resources has been a key element in Peru’s mineral and indeed broader economic development over the past decade. Together, copper and gold accounted for 76% of all mineral exports in 2011, bringing in revenues of $10.7bn and $10.1bn, respectively, according to the Ministry of Energy and Mines (Ministerio de...

The rationale behind recent legislation to promote investment in green electricity-generating facilities lies not just with its eco-friendly nature, but also in the ability of these resources to operate independently of the national power grid in remote towns and villages in the mountains and jungles. Indeed, roughly 33% of the rural electrification...

Deep in the heart of the Amazon jungle lies one of South America’s largest discovered reserves of natural gas, known as the Camisea. Its discovery and development are now integral elements in Peru’s economic development, with royalties from the project alone anticipated to pour more than $30bn into government coffers during its estimated 40-year...

With a surface area of 1.29m sq km and 2414 km of coastline, Peru is the third-largest country in South America. It has a population of 28.2m, 30.2% of which is under the age of 14. While there is no official religion, the majority of Peruvians are Christian, and the Catholic Church plays an important role in the country’s culture.

Dado que la producción petrolera mexicana continúa con su tendencia hacia la baja, parece cada vez más probable que las nuevas reformas puedan abrir el sector, incluso más, a la inversión privada.
Mientras la economía del Perú sigue experimentando un rápido crecimiento, un obstáculo se asoma en un futuro no muy distante. A menos que se tomen medidas rápidas y serias, el país pronto sufrirá una escasez de energía importante. Jorge Merino, Ministro de Energía y Minas, dijo a la prensa local que el país actualmente requiere 5000 MW anuales. "Si queremos seguir creciendo a un ritmo superior al 7%, la demanda de electricidad se duplicará en los próximos 10 años", dijo.

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