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Energy transition and renewable energies: Challenges for Peru

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  • Campodónico, Humberto
  • Carrera, César

Abstract

Peru currently presents serious challenges in the promotion and production of renewable energies, making it difficult to fulfill its commitments to reduce greenhouse gas emissions within the framework of the United Nations Climate Change initiatives. Peru has a high renewable energy potential with various sources: solar, wind, geothermal, biomass and hydroelectric. However, after twelve years of having promulgated a law to promote the development of power plants that use renewable energy resources through auctions, only about 5% of current electricity generation comes from renewable sources and the auctions are suspended.

Suggested Citation

  • Campodónico, Humberto & Carrera, César, 2022. "Energy transition and renewable energies: Challenges for Peru," Energy Policy, Elsevier, vol. 171(C).
    • Handle: RePEc:eee:enepol:v:171:y:2022:i:c:s0301421522004803
    DOI: 10.1016/j.enpol.2022.113261
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    References listed on IDEAS

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    1. Bourcet, Clémence, 2020. "Empirical determinants of renewable energy deployment: A systematic literature review," Energy Economics, Elsevier, vol. 85(C).
    2. Grottera, Carolina, 2022. "Reducing emissions from the energy sector for a more resilient and low-carbon post-pandemic recovery in Latin America and the Caribbean," Documentos de Proyectos 47868, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
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