Renewables Readiness Assessment: Peru

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A Renewables Readiness Assessment (RRA) identifies the actions needed to overcome a country’s barriers to renewable energy deployment, with IRENA providing technical support and expertise to facilitate consultations among different national stakeholders.

Peru has pioneered the use auctions for renewable energy in Latin America, with the first two auctions yielding valuable lessons. These include factors to consider in auction design, such as lot size, local content requirements, opportunities to create hybrid systems, and the value of technology-neutral selection criteria. RRA consultations have also highlighted the need to prepare for renewable energy integration in transmission-grid expansion plans, particularly so that variable sources like solar and wind power can help to meet future electricity demand.

Off-grid renewables can be crucial to address the remaining energy access challenges in Peru’s rural areas. IRENA can assist in the planning and implementation of technically and financially sustainable projects.

While the RRA process helps to shape appropriate policy and regulatory choices, each country determines which renewable energy sources and technologies are relevant and consistent with national priorities