2018: NCRE ribbon cutting returns to Peru

By
Tuesday, January 2, 2018

After almost a two year hiatus, new blades will start spinning and additional panels will shine with the scheduled startup of wind farms and solar parks in Peru in 2018.

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The last plant to open in the country from these NCRE technologies was the 97MW Tres Hermanas wind complex, which entered service in March 2016. The last solar park that came online was the 16MW Moquegua plant in December 2014.

Peru's installed capacity from wind and solar reaches 243MW and 96MW, respectively; marginal numbers compared to thermo and hydropower which dominate power production.

SOURCE: COES

Nevertheless, output from these alternative energies has managed to fulfill sector policy that sets a generation target of approximately 5% from renewable sources.

SOURCE: COES

Over the coming months, NCRE's contribution will be shored up with three plants which will almost double existing wind and solar capacity:

RUBÍ

Company: Enel Green Power Perú

Technology: Solar

Capacity: 145MW

Investment: US$165mn

Location: Moquegua region

Contract: 20 years, winner in fourth renewable energy auction with an offer of US$47.98/MWh

INTIPAMPA

Company: Engie Energía Perú

Technology: Solar

Capacity: 40MW

Investment: US$52.3mn

Location: Moquegua region

Contract: 20 years, winner in fourth renewable energy auction with an offer of US$48.50/MWh

WAYRA I

Company: Enel Green Power Perú

Technology: Wind

Capacity: 126MW

Investment: US$166mn

Location: Ica region

Contract: 20 years, winner in fourth renewable energy auction with an offer of US$37.83/MWh

Pictured: Wayra I turbine installation (CREDIT: Osinergmin)

The plants are part of 13 capacity additions for a total 625MW due to begin operations in Peru in 2018 that include seven hydros for a combined 128MW and one biogas project for 2.4MW (hydro up to and including 20MW, and biogas are considered renewable energy in the country).

The rest of the capacity will come from the 84MW La Virgen hydro and a 100MW expansion at the 200MW Santo Domingo de los Olleros thermoelectric complex.

It is worth highlighting that studies are expected to wrap up this year for temporary wind concessions Caravelí (215MW) and Tamborero (60MW), and temporary solar concession Hiperión (100MW).

DEMAND OUTLOOK

Maximum load and energy demand this year are forecast to reach 6,823MW and 51.1TWh, respectively, according to grid operator COES.

Through 2020, when maximum load demand is forecast to reach approximately 8,200MW, COES expects that the reserve margin will be around 41%, based on a scenario that considers the operation of the system with average hydrology.

Even under scenarios that envision a cut in Camisea gas supply and a shutdown of Mantaro, Peru's largest hydroelectric plant, COES says rationing will not take place in the coming years.

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