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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 />

Electricity supply contracts that the State awards represent the guarantee of<br />

<strong>in</strong>come to make economically viable each RER generation project. The<br />

development of a RER generation project generally follows the process described<br />

below <strong>in</strong> concordance with the RER’s legal framework <strong>and</strong> the ECL:<br />

• Measurement of the renewable energy resource (RE-R) <strong>and</strong> elaboration of the<br />

project at a perfil or pre-feasibility level. For this stage, the promoter should<br />

request temporary concession to the MEM <strong>for</strong> the realization of studies, only<br />

if it requires of servitude over any l<strong>and</strong> area <strong>for</strong> the studies’s development.<br />

• Based on previous studies, the promoter could take part <strong>in</strong> one of the RER<br />

auctions that the State convokes every two years. In that auctions the<br />

promoter should fulfill requirements such hav<strong>in</strong>g RER measurements at least<br />

<strong>for</strong> 12-month, RER generation projects at pre-feasibility level, guarantees<br />

established <strong>in</strong> the basis <strong>and</strong> the commitment to present the approval of the<br />

COES of its pre-operativeness study.<br />

• After the signature of the electricity supply contract <strong>for</strong> 20 years, it is returned<br />

to the generator its guarantee of seriousness supply (20 000 US$ <strong>for</strong> each<br />

<strong>in</strong>stalled MW), the same one that should be replaced by the guarantee of<br />

works execution (100 000 US$ <strong>for</strong> each <strong>in</strong>stalled MW) that is returned to the<br />

promoter at the start of commercial transaction of the ma<strong>in</strong> RER generation<br />

station.<br />

• Three months after sign<strong>in</strong>g the electricity supply contract, the promoter<br />

should present its pre-operativeness study approved by the COES to the<br />

MEM, out of guarantees <strong>in</strong> case of default.<br />

• The promoter should elaborate its RER generation project at a feasibility level<br />

(that <strong>in</strong>cludes its environmental impact assessment) <strong>and</strong> then its respective<br />

f<strong>in</strong>al study <strong>for</strong> the construction of the project.<br />

• Request the approval of the Environmental Impact Assessment (EIA) to the<br />

MEM, which <strong>in</strong> conjunction with the feasibility study, constitute the ma<strong>in</strong><br />

requirements <strong>for</strong> the request to the MEM of the f<strong>in</strong>al concession.<br />

• Requested <strong>and</strong> approved the f<strong>in</strong>al generation concession, the promoter signs<br />

with the State (MEM) the contract of f<strong>in</strong>al concession, with which it could<br />

<strong>in</strong>itiate the construction of the project.<br />

• Once the execution of the project is concluded, the promoter should request to<br />

the OSINERGMIN the approval of sett<strong>in</strong>g <strong>in</strong> commercial transaction its<br />

RER’s generation station.<br />

• After gett<strong>in</strong>g all the evidence, the OSINERGMIN emits the approval to put<br />

the project <strong>in</strong>to commercial transaction <strong>and</strong> from that moment it starts the<br />

contract term <strong>for</strong> the electricity supply to the SEIN <strong>for</strong> 20 years.<br />

In the environmental aspect, the Law of the National System of Environmental<br />

Impact Assessment (Law Nº 27446) <strong>and</strong> its Regulations establish a m<strong>and</strong>atory<br />

application of the Environmental Certification <strong>for</strong> the development of projects <strong>in</strong><br />

general, def<strong>in</strong><strong>in</strong>g the follow<strong>in</strong>g categories: Category I - Environmental Impact<br />

Statement (EIS); Category II - Semi-detailed Environmental Impact Assessment<br />

(EIA sd) <strong>and</strong> Category III – Detailed Environmental Impact Assessment (EIAd).<br />

59


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