Untitled Document

Peru's potential for hydroelectric development strong, says report

A recent study by industry and market analysis firm Frost & Sullivan says Peru has the third highest hydropower generating potential in South America, giving the country an opportunity to be a regional hub of electrical production.

Using data from the 2011 Updated Overview of Peruvian Electricity Industry, Frost & Sullivan says Peru's electric industry earned revenues of US$1.02 billion in 2011. That figure is expected to increase at a compound annual growth rate of 5.5% through 2016, when revenues will equal $1.45 billion.

The report also says Peru's installed capacity -- currently 7,986 MW -- is expected to grow by 11,700 MW by 2016.

"The main areas of growth for participants and industry entrants are gas, hydro, renewables, transmission and distribution infrastructure, as well as maintenance, repair, and overhaul for existing power stations," said Frost & Sullivan analyst Dominic Goncalves.

Adding to Peru's increased capacity are a number of hydropower projects, including the 255-MW Santa Rita, 750-MW Santa Maria, 98.5-MW Santa Teresa and 406-MW Chaglla.

Related Articles

HydroWorld Premium Content offers daily business opportunities for hydro sector professionals

PennWell's Hydro Group is proud to offer daily business opportunities for hydroelectric powe...

Salini Impregilo inks US$575 million EPC contract for Georgian 280-MW Nenskra hydroelectric project

Salini Impregilo announced it has signed a US$575 million engineering, procurement and const...

U.S. agency seeks bids to review fisheries, flow studies of 600-MW Susitna-Watana hydro project

The National Marine Fisheries Service seeks bids to help review fisheries and flow studies f...

JSW Energy refinances US$1.1 billion in hydroelectric project debt

JSW Energy Ltd., based in Mumbai, India, is refinancing about US$1.1 billion via a 5:25 fina...

Recent Comments

Hydro Slideshows

more slideshows >>  

Hydro Whitepapers

Industry News

Editor's Picks

Volume 34, Issue 6
Volume 23, Issue 4

Buyers Guide Products

Buyers Guide Companies