Policies

Peru Renewable Energy Auctions

Source: JOIN IEA/IRENA Policy and Measures Database
Last updated: 29 March 2017

Since 2009 Peru has held renewable-energy auctions for grid connected generation and for off-grid electrification, based on the framework established by Law No. 28832 of 2006 and Decree 1002 of 2008.

The following table provides a summary of auctions in Peru. The amount of electricity (GWh) auctioned in each call is calculated according to the projected needs to meet the national 5% target minus the renewable energy (other than hydro) already contracted. Auctions are technology specific and have a non-disclosed price-cap per technology, with offers above the cap automatically disqualified.

Auction

Date

Type

Wind

(GWh/yr)

Solar

(GWh/yr)

Biomass

(GWh/yr)

Hydro*

(GWh/yr)

4th RE auction

Feb-16

Required

1300

450

Awarded

738.6

523.4

29

448.2

3rd RE auction

Aug-13

Required

0

0

0

1300

Awarded

N/A

N/A

N/A

1278 (240 MW)

2nd RE auction

Apr-11

Required

419

43

593

681

Awarded

416

43

14

680 (102 MW)

1st Auction, 2nd call

Mar-10

Required

0

8

419

338 MW

Awarded

N/A

0

11.7 (1.5MW)

92 (19 MW)

1st Auction, 1st Call

Oct-09

Required

320

181

813

500 MW

Awarded

571

173

143

161 MW

1st off-grid RE auction

Nov-14

  

**

  

*  only hydro < 20MW is considered renewable as per Decree 1002 of 2008

**500000 systems of varying capacity from 80W to 1kW. 

 

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Technologies