Peru Energy Information
2018 Peru Key Figures
GDP growth rate: 3.99 %/year
Energy independence: 98.0%
* at purchasing power parity
CO2 Emissions: 1.52 tCO2/capita
Rate of T&D power losses: 10.7%
Peru Related News
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Peru Related Research
Total Energy Consumption
In 2018, per capita energy consumption was 0.77 toe, which is around 25% below the South American average (around 1.3 toe). Electricity consumption per capita is 1 480 kWh.
Total energy consumption increased very rapidly between 2006 and 2014, driven by rapid economic growth at an average rate of 6.9%/year. Since then, it has increased much more slowly, by 2.3%/year, reaching 25 Mtoe in 2018.
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
Interactive Chart Peru Total Energy Consumption
Crude Oil Production
Oil production has been decreasing by 30% between 2014 and 2017 to 6.3 Mt; it remained stable in 2018.
The Nor-Peruano pipeline (854 km), with a capacity of 200 000 bbl/d and which transports oil from Saramuro (Loreto) to the port of Bayovar (Piura), began operations in 2017 after one year of inactivity following damages inflicted by third parties in 2015.
Peru has a total refining capacity of 200 000 bbl/d, distributed in 2 large refineries (above 50 000 bbl/d) and 4 smaller refineries.
Interactive Chart Peru Crude Oil Production
Renewable in % Electricity Production
Peru's National Energy Plan 2014-2025 sets a renewable target of 60% in the primary energy supply in 2025 (54% hydropower and 6% from other renewables).
The Renewable Energy Law 1002 (2008, updated in 2010) set an auction process for the development of renewables. A twenty-year power purchase contract is awarded in a reverse auction process through bidding against other renewable projects on a technology basis. The tender process applies to biomass, geothermal, hydropower (up to 20 MW), solar thermal and photovoltaic energies. Osinergmin sets maximum tariffs for renewables.
Interactive Chart Peru Share of Renewables in Electricity Production (incl hydro)
CO2 Fuel Combustion/CO2 Emissions
In 2015, Peru set up an NDC for a GHG emissions reduction of 30% in 2030 compared to a BaU scenario with emissions at 300 MtCO2eq.
CO2 emissions from energy use increased by 72% between 2007 and 2016 and then decreased by 5% to 49 MtCO2 in 2018.
Graph: CO2-ENERGY EMISSIONS (MtCO2)
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