Mining to drive power demand in Peru from new projects
Load demand in Peru from new projects and expansions, primarily in the mining sector, is forecast to hit 32MW, 125MW and 273MW in 2024, 2025 and 2026, respectively.
The outlook corresponds to studies submitted by power grid coordinator COES to energy and mining investment regulator Osinergmin to determine rates for May 2024-April 2025.
Annual electricity use from the special loads segment in the three-year period is projected to reach 209GWh, 875GWh and 1,474GWh.
Read Peru's mining sector expected to keep driving growth
Monthly maximum demand and offtake through September hit records of 7,606MW in April and 5,106GWh in March, BNamericas data shows.
| Year | Maximum Demand (MW) | Annual Consumption (GWh) |
| 2024 | 7,887 | 60,157 |
| 2025 | 8,201 | 62,688 |
| 2026 | 8,537 | 65,204 |
Source: COES studies
Osinergmin will hold a public hearing on November 28 where COES’ generation and transmission subcommittees will present the studies, which are available in the Documents box in the top right corner.
A draft rate proposal is scheduled to be released in March.
The watchdog also has a process underway to approve plans submitted by owners of complementary and secondary transmission systems for 2025-29.
Read Lima airport, metro projects to test power grid resiliency
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Other companies in: Mining & Metals (Peru)
Get critical information about thousands of Mining & Metals companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Bechtel Perú S.R.L (Bechtel Perú)
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Bechtel Peru is the local subsidiary of Bechtel, a global engineering, construction and project management company based in Reston, Virginia, United States. Bechtel has worked i...
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
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The Supervisory Agency of Investment of Energy and Mining of Peru (Osinergmin) is a public institution tasked with supervising the rate regulation and the supervision of compani...
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Aceros Arequipa is Peru's largest steel producer. Controlled by local group Cilloniz, it produces, distributes, and markets long and flat-steel products, including corrugated ir...
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Over 60 years of experience make Haug an industry staple in metal construction, assembly and installation in Peru and abroad, with an important presence in a number of countries...
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The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
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Compañía Minera Eloro Peru S.A.C. is the Peruvian wholly-owned subsidiary of Canadian mineral exploration and development company Eloro Resources Ltd. The company is developing ...
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