PERÚ - Observatory for Renewable Energy in Latin America and

Perú- Products I and II
Graphic N° 42: “Ilo II” Thermal Power Station
Source: Web site of ENERSUR (ENERSUR, 2011).
1.6 Learned Lessons
In 1992 came into effect the “Electric Concessions Law”, L.D. Nº 28544, which
modernized the Peruvian electricity market. Then this frame was modified by the
“Law to Ensure the Efficient Development of Electric Power Generation”, Law
Nº 28832, enacted in 2006. Later in 2008, it was approved the L.D. Nº 1002,
“Law to Promote Investment in Electricity Generation with Renewable Energies”.
Therefore, it has passed over two decades to achieve a regulatory framework on
renewable energies in the country.
Even though the country has an important potential of renewable energy
resources, it only has experience in the application of hydroelectric technologies
and in the use of thermoelectric technologies to generate electricity with sugar
cane bagasse. In addition, before the entrance in force of the current legal
framework of renewable energies in May 2008, one of the barriers that have
stopped the development of renewable energies was the application of tariffs that
did not make viable the projects of electric generation with RER. Furthermore, a
disadvantage for renewable energies is that these require the acceptance of higher
tariffs to make them economically viable, which causes an impact in electricity
tariffs for end users.
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