Urgent priorities for the electricity sector: Amendment of Law 28832 and Distributed Generation Regulation

The following is a machine translation of a Peruvian Association of Renewable Energies release

The Peruvian Association of Renewable Energies (SPR) points out the need for the next Minister of Energy and Mines to focus his administration on critical issues that are pending and that are essential to guarantee the modernization and competitiveness of the electricity sector.

One of the priority points is the modification of Law No. 28832, Law to Ensure the Efficient Development of Electric Generation, through the majority opinion of PL 4565, whose approval is pending on the agenda of the Congress of the Republic since June 2023.

This initiative seeks to open up competition in the electricity generation market, with the aim of guaranteeing better rates for millions of users by incorporating new, more efficient and renewable sources of generation and strengthening national energy security. It is a proposal from the Executive Branch based on the technical recommendations of the Commission for the Reform of the Electric Subsector .

It is also urgent to move forward with the approval of the Distributed Generation Regulation, complying with the participation and consultation requirements, collecting the comments of the main actors involved and the general public, to allow homes, businesses and industries to generate their own renewable energy and market the surpluses in the electrical system.

Both issues represent immediate opportunities to improve the efficiency and sustainability of the electricity sector, boost the country's economic development and represent real opportunities for investment and the creation of new jobs.

The SPR reaffirms its commitment to the sustainable economic development of Peru and calls for prioritizing strategic decisions for the benefit of the country.