Fast Market Research

"Peru Power Report Q2 2013" Is Now Available at Fast Market Research

New Energy market report from Business Monitor International: "Peru Power Report Q2 2013"


Boston, MA -- (SBWIRE) -- 06/05/2013 -- BMI View: In the face of rising energy consumption, the Peruvian government has taken a number of steps to ensure the country has adequate power generation capabilities, with a number of hydroelectric plants to come online between 2015 and 2016. However, there are still risks to our outlook for Peru's power sector, including a high level of regional differentiation in power generating capacity and the potential for local opposition to cause delays to hydroelectric projects.

Key trends and developments in the Peruvian electricity market:

- Between 2013 and 2017, we forecast that electricity consumption in Peru will grow by an annual average of 5.8%, driven primarily by the country's rapidly expanding mining sector. . To ensure that production is sufficient to keep up with increasing demand, the government announced plans in March 2012 to increase thermal and hydroelectric power generation, bringing online an additional 4.3 gigawatts (GW) by 2016.
- While the additional forecasted generation capacity should suffice to meet growing consumption patterns, Peru's power sector faces a number of shortcomings. Firstly, we note that power projects often face considerable hostility from locals. Secondly, we note that while the country as a whole is not set to face significant generation shortages, there is a great deal of regional differentiation in power production capacity.
- Abengoa has been awarded a concession for a transmission line and associated substations by ProInversion. The concession is for a 30-year period and covers the 220kv, 354km Machupicchu- Quencoro-Onocora-Tintaya line. Abengoa has secured the concession contract with investment and annual O&M offers worth US$114mn and US$2.5mn respectively. The project aims to enhance transport reliability and stabilise the grid in the southeast of the country. Abengoa is required to complete the work in 38 months once the contract is signed.

View Full Report Details and Table of Contents

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.

Browse all Energy research reports at Fast Market Research

You may also be interested in these related reports:

- Pakistan Power Report Q3 2013
- Global Power Survey 2013-2014 - Market Trends, Marketing Spend and Sales Strategies in the Global Power Industry
- Brazil Power Report Q2 2013
- Poland Power Report Q3 2013
- Global Power Survey 2013-2014 - Market Trends, Buyer Spend and Procurement Strategies in the Global Power Industry
- Argentina Power Report Q2 2013
- Kazakhstan Power Report Q2 2013
- Cambodia Power Report Q2 2013
- Malaysia Power Report Q2 2013
- Mexico Power Report Q2 2013