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PERÚ - Observatory for Renewable Energy in Latin America and

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<br />

Perú- Products I <strong>and</strong> II<br />


<br />

2.8 Conclusions<br />

As a consequence of the development of the present study, we came to the<br />

follow<strong>in</strong>g conclusions:<br />

‐ The private sector is <strong>in</strong>vest<strong>in</strong>g with greater <strong>in</strong>terest <strong>in</strong> the implementation of<br />

projects of renewable energies, due to the clarity of the rules established by<br />

the State.<br />

‐ Projects matter of study have gone towards the award<strong>in</strong>g of a percentage of<br />

the dem<strong>and</strong> tak<strong>in</strong>g advantage of the RER’s normative through their<br />

participation <strong>in</strong> renewable energy auctions. Developers also acknowledge that<br />

this normative is an efficacious <strong>in</strong>strument of <strong>in</strong>vestment’s promotion,<br />

however, they po<strong>in</strong>t out that there are aspects that still require improvement.<br />

‐ Entities entrusted to supply f<strong>in</strong>anc<strong>in</strong>g, <strong>in</strong> terms of risk <strong>and</strong> guarantee, tend to<br />

f<strong>in</strong>ance only a part of the capital when the developer of the project is a little<br />

<strong>in</strong>vestor.<br />

‐ The analyzed projects are fulfill<strong>in</strong>g their objectives regard<strong>in</strong>g the commitment<br />

established with the state of cover<strong>in</strong>g part of the dem<strong>and</strong> awarded to them <strong>in</strong><br />

the First <strong>Renewable</strong> <strong>Energy</strong>’s Auction.<br />

‐ Projects are deliver<strong>in</strong>g energy to the SEIN only. They do not have contracts<br />

with other customers <strong>for</strong> the supply of electric power because they prefer to<br />

fulfill firstly with the commitment set <strong>in</strong> the auction.<br />

‐ Because of the use of local resources, almost all projects are subject to<br />

coord<strong>in</strong>ation with the local population to exam<strong>in</strong>e the benefits <strong>and</strong><br />

environmental impacts that can take place.<br />

‐ The projects shown <strong>in</strong> the present report are be<strong>in</strong>g replicated by other<br />

companies <strong>and</strong> there is a temper of collaboration as to offer <strong>in</strong><strong>for</strong>mation<br />

between the companies that already have well-developed projects <strong>and</strong> the<br />

ones that have projects <strong>in</strong> process of implementation.<br />

F<strong>in</strong>ally, the factors that determ<strong>in</strong>e the projects’s success <strong>and</strong> their replicability are<br />

the follow<strong>in</strong>g:<br />

‐ A legal framework clear, stable <strong>and</strong> which promotes electricity generation with<br />

renewable sources.<br />

‐ The execution of a detailed resource analysis at a technical level, as well as the<br />

eng<strong>in</strong>eer<strong>in</strong>g required <strong>for</strong> the implementation of the project.<br />

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