PERÃ - Observatory for Renewable Energy in Latin America and
PERÃ - Observatory for Renewable Energy in Latin America and
PERÃ - Observatory for Renewable Energy in Latin America and
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<br />
Perú- Products I <strong>and</strong> II<br />
<br />
due to the greater use of natural gas of Camisea. It is expected that this tendency<br />
changes <strong>in</strong> the future this with the bigger development of renewable energies.<br />
F<strong>in</strong>ally, it can be said that <strong>in</strong> the country there is a bigger consent on the<br />
importance of the use of renewable energies due to their advantages as they allow<br />
diversify<strong>in</strong>g the electricity generation supply with local resources, they reduce the<br />
reliance on natural gas <strong>and</strong> the consumption of other hydrocarbons which<br />
resources are f<strong>in</strong>ite. Furthermore, they will contribute to the energy security while<br />
reduc<strong>in</strong>g the negative impact of electricity generation <strong>in</strong> the environment.<br />
1.7 Conclusions<br />
• The <strong>Energy</strong> Policy approved by the government through the S.D. 064-<br />
2010-EM, po<strong>in</strong>t guidel<strong>in</strong>es to promote <strong>in</strong>vestments <strong>in</strong> projects with<br />
conventional <strong>and</strong> unconventional renewable energies, <strong>in</strong> order to cover<br />
the dem<strong>and</strong> <strong>and</strong> contribute to guarantee the energy security <strong>and</strong> the<br />
susta<strong>in</strong>able development of the country.<br />
• The current regulatory framework established by the Legislative Decree<br />
Nº 1002 has proven to be effective, as nowadays there are implement<strong>in</strong>g<br />
a set of projects of generation with renewable technologies which will<br />
allow diversify<strong>in</strong>g their energy matrix. One of the key factors of this<br />
advance is the bonus given to RER generators to recover their<br />
<strong>in</strong>vestments, which is contributed by the electricity market.<br />
• The country has an important potential of renewable resources that<br />
requires to be evaluated permanently <strong>for</strong> its better <strong>and</strong> bigger use.<br />
• The evolution of the energy consumption structure of the country<br />
confirms the preponderance of fossil sources <strong>and</strong> po<strong>in</strong>ts out the<br />
<strong>in</strong>creas<strong>in</strong>g participation of the natural gas of Camisea as an energy<br />
source s<strong>in</strong>ce 2004, so it can be said that the energy matrix has a previous<br />
<strong>and</strong> an after Camisea.<br />
• Even though, the presence of natural gas <strong>in</strong> the energy matrix is<br />
contribut<strong>in</strong>g to the substitution of oil by-products <strong>and</strong> to the reduction of<br />
imports improv<strong>in</strong>g the trade balance of the country while ma<strong>in</strong>ta<strong>in</strong><strong>in</strong>g<br />
low electricity tariffs <strong>for</strong> its price <strong>in</strong> the electricity sector, it is a strong<br />
competitor <strong>for</strong> renewable energies because the costs of generation with<br />
these technologies are still greater than the generation costs with natural<br />
gas.<br />
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