Peru has set a target of 100% rural electrification by 2021, requiring new transmission lines, rural systems and solar PV modules.
Head of the Ministry of Energy and Mines (MEM), Cayetana Aljovín, ratified the electrification commitment of the government of president Pedro Pablo Kuczynski, at the 6th International Energy Day Congress.
Aljovín said: "The estimated investment to completely close the electrification gap in Peru is [US$1.048 billion] and it will benefit 2.9 million Peruvians."
The minister noted the development of several transmission projects: The Aguaitía to Pucallpa line on which work will start soon; The Mantaro to Nueva Yanango to Carapongo line to be awarded in October; and the Tintaya to Azángaro transmission line to be awarded in November.
These lines will require more than US$570 million investment.
Aljovín also noted the imminent arrival of natural gas power for multiple departments in Peru.
In June, MEM announced that it had installed 6,000 solar panels in isolated rural areas since March this year under an investment agreement with local power firm Ergon Peru SAC.
The Energy Storage Latin America agenda provides the industry with an unrivaled opportunity to discuss how the region is set to unlock the full potential of energy storage, accelerate deployment and address the main regulatory and financing challenges. The Energy Storage Summit Latin America is the first event of its kind, designed with a clear goal to accelerate both dialogue and deployment of energy storage solutions. Hear from a world-class line up of industry speakers discussing: The changing market, Active and pending projects, Regulatory environment, Financing options and New storage technologies. This event is the only place where the entire energy storage value chain will be present. Enquire now and be part of an unparalleled platform enabling you to network and do business with: Government, Utilities, Developers, EPCs, Investors and more.
As the Energy sector accelerates along its digital transformation journey, the industry is faced with how best to deploy technology in order to transform operations, drive efficiency, reduce cost and lessen environmental impact.With digitalisation affecting the entire value chain, EnTech will play a pivotal role in demystifying the technology disrupting the market and help organisations with investment in innovation.EnTech features a case-study led agenda providing expert market insight and an unrivalled networking opportunity to discuss the latest innovation and implement the right technology roadmap.