Country Power Market Brief: Peru

Peru’s large untapped potential for rural electrification is coupled with the government’s willingness to expand the renewable energy sector. While grid expansion in remote areas is becoming more costly, offgrid solutions based on hydro, solar, and wind energy present a viable alternative to energy provided by the grid. Even today, several million households in rural Peru do not have access to electricity, despite indicating a significant willingness to pay. In addition, Peru has the potential to become a large energy exporter, providing growing neighbours like Brazil with energy generated from renewable sources.

 

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