Association expectant of new renewables auction

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Thursday, February 16, 2012

Peru in coming months could kick off a new renewable energy auction, according to Juan Coronado, VP of the country's renewable energies association Apeger.

Coronado told BNamericas the association believes the new process could include some changes, such as having investment promotion agency ProInversión handle the auction instead of the energy and mines ministry and energy and mining investment regulator Osinergmin.

The processes handled by the ministry and Osinergmin were transparent, but ProInversión, by its nature, is more suitable, he added.

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The official also highlighted the need to regionalize the assignment of energy as certain areas face generation deficits.

The first auction in 2010 led to the awarding of three wind projects (142MW), four solar (80MW), two biomass (27.4MW) and 17 small-scale hydros (162MW). A second round later that year led to the awarding of one hydro for 18MW.

In a third process last year, awarded energy totaled 680GWh/y hydro, 12GWh/y biomass, 416GWh/y wind and 43GWh/y solar.

The first of a two-part interview with Coronado will be published in this week's Electric Power Perspectives, for subscribers.