Peru energy report

This analysis includes a comprehensive Peru energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2019 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.

Peru energy report
January 2021
3 files (PDF report, 2 Excel files)
29 (Report only)

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  • Renewables are planned to account for 60% of the electricity mix in 2025 and emissions should be reduced by 30% in 2030.
  • ISQ, Engie, and Electroperu are the main electricity producers, holding 55% of the total capacity.
  • Pluspetrol operates Camisea's blocks 88 & 56, which represented 84% of total gas production in 2019.
  • The electric mix is dominated by hydroelectricity and natural gas (93% in 2019, of which 55% for hydro).
  • Electricity and oil prices are in line with Latin American averages.
  • Total energy consumption has increased very rapidly since the mid-2000s. Oil and gas cover around 60% of final consumption. The electrification rate increased from 48% in 1991 to about 98% in 2019.
  • Peru has 1.9 GW of hydropower projects under construction.
  • Peru pledged for a 100% electrification rate by 2021. Over US$1bn in investment will be required to achieve this target.


largest natural gas exporter in South America, behind Bolivia


renewables in the power mix


electrification rate in 2019


  • Institutions & Energy Policy

    The Ministry of Mines and Energy (MEM) is in charge of the energy sector, through three main Directorates: the General Directorate of Hydrocarbons (DGH), the General Directorate of Electricity Hydrocarbons (DGE) and the General Directorate for Energy Efficiency (DGEE).

  • Energy Supply


    Proven oil reserves stand at 167 Mt and gas reserves at 300 bcm (end of 2019). Coal reserves stand at 102 Mt. Peru has important hydroelectric resources, with an estimated potential of 70 GW; its wind potential is estimated at 22 GW.

  • Energy Prices


    The reference price of natural gas is Camisea. It is composed of an unregulated portion in the exploration well (in Boca de Pozo), a transportation tariff (Tarifa de Transporte de la Red Principal), and a distribution tariff (Tarifa Única de Distribución); both tariffs are determined by Osinergim.

  • Energy Consumption

    In 2019, per capita energy consumption was 0.78 toe, which is around 25% below the South American average (around 1.3 toe). Electricity consumption per capita is 1 530 kWh.

    Total energy consumption increased very rapidly between 2006 and 2018, driven by rapid economic growth at an average rate of 5%/year, but decreased slightly in 2019 to 25 Mtoe.

  • Issues & Prospects

    Peru has been faced with a significant energy demand growth since the mid-2000s, and consequently requires its energy supply capacities to be substantially expanded. According to Peru's National Energy Plan 2014-2025, the country aims to attain a 60% renewables share in 2025 (of which 54% from hydro).

Table of Contents


Download the Table of Contents

List of Graphs

Below is a list of the Peru energy market report graphs:

  • GRAPH 1: CO2-energy Emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2019, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2019, %)
  • GRAPH 5: Gasoline & diesel prices (US$/l)
  • GRAPH 6: Electricity prices for industry and households (US$c/kWh)
  • GRAPH 7: Consumption trends by energy source (Mtoe)
  • GRAPH 8: Total consumption market share by energy (2019, %)
  • GRAPH 9: Final consumption market share by sector (2019, %)

List of Tables

In the Peru energy market report you will find the following tables:

  • Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
  • Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
  • Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
  • Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.

Data (Excel Sheet)

The Peru energy market data since 1990 and up to 2019 is included in the Excel file accompanying the Peru country report.
It showcases the historical evolution, allowing users to easily work with the data.

Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Peru Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Peru energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).

The Peru country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.

Data included in the excelsheet:

  • New capacities: Current power mix, installed capacity at date, capacity under construction and under development.
  • Power Sector Performances: Historical data on installed capacity, power generation, thermal power plants inputs, average thermal power plant efficiency, CO2 emissions of the power sector, carbon factor of the power sector.


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