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Peru's maximum demand forecast to grow 400MW/year

Bnamericas
Peru's maximum demand forecast to grow 400MW/year

Annual maximum demand on Peru's national interconnected power grid in the coming years is projected to increase by an average of 5.4% or approximately 400MW.

That's according to grid operator COES's 2019-22 reserve margin study, which adds that 475MW of new generation capacity is due to come online in the period.

The study highlights that the minimum reserve in the period in a base case scenario is forecast at 35%, and in the case of dry hydrology and the coming offline period of Mantaro – the country's largest hydroelectric plant – the minimum reserves would be 30% and 26%, respectively.

The outlook, available here, points out that in the case of a contingency along the Camisea gas pipeline, there would be no power rationing.

In March, installed capacity was 13,139MW and maximum demand hit a record 6,991MW, according to COES data.

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  • Company: Magnex Group Peru SAC  (Magnex Group Peru)
  • Magnex, formerly Masa and Stork, is a company with more than 40 years of leading experience in the oil & gas, mining, energy, renewables and infrastructure markets. It focuses o...