The Peruvian electricity generation is characterized by a high proportion of hydroelectric power, but also by a growing contribution of gas-fired power plants. Increasing climate variability and melting glaciers have caused the generation of electricity from hydropower to become less reliable. In addition the Peruvian gas industry is building a LNG infrastructure and therefore is keen on exporting its national natural gas.
With a renewable energy law framework Peru is now planning to expand its energy portfolio to include non-conventional renewable energies. Double the average irradiance levels and excellent wind sites provide a solid basis for renewable energies. Through a consultative process IFEU has informed the Peruvian government over funding tools, frameworks as well as the environmental and economic impacts of renewable energy.