Webinar: Renewable Energy Opportunities in Peru Detailed Event Information For Webinar: Renewable Energy Opportunities in Peru
Webinar: Renewable Energy Opportunities in Peru -- Environmental Technologies, Renewable Energy Eq.
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Location/Date: Houston, TX, United States 08/14/2014 - 08/14/2014
Event Summary:
For the past decade, Peru has led South America as the country with the highest average annual growth in GDP (6.4%) and lowest inflation (2.9%). Much of the country's growth has been a result of an expansion in energy-intensive mining, which has caused Peru's energy demand to increase substantially. As a result, Peru has the fourth highest energy demand of any Latin American country, a challenge that is focusing new investment – both international and domestic – on the development of stable, domestically-produced, renewable energy resources.

To promote renewable energy development, Peru now offers several policy incentives, including priority dispatch for renewable electricity, accelerated depreciation of up to 20 percent for investments in machinery or equipment that support renewable energy deployment, and technology-specific auctions. The country also features a 5 percent clean energy generation target and a biofuel blending mandate of 7.8 percent. Peru's Ministry of Energy and Mines (MEM) is currently considering a new target, as it is charged with updating the national renewable energy target every five years.

Date: August 7, 2014

Time: 1 pm EDT

Cost: $25

Registration deadline: August 4, 2014


Contacts:
Nyamusi Igambi, Houston
Senior International Trade Specialist
Phone: 281-228-5656
Nyamusi.Igambi@trade.gov
Ricardo Pelaez, Lima
Senior Commercial Officer
Phone: (51 1) 618-2440
Ricardo.Pelaez@trade.gov
Ryan Mulholland, Energy/Environment
International Trade Specialist
Phone: 2024824693
Ryan.Mulholland@trade.gov