top of page

Peru's renewable power generation share climbs to 13% in Oct

Peru has taken another step forward in its energy transition, with renewable power sources accounting for 13% of total electricity generation in October, according to data from the Ministry of Energy and Mines. The increase reflects both stronger output from non-conventional renewables and a declining reliance on thermal generation.


Electricity generation from non-conventional renewable energy sources—including solar, wind, biomass (bagasse), and biogas—reached approximately 729 GWh in October, marking a 27% year-on-year increase. This growth lifted the renewable share from around 11% in the same month last year to the current 13%, highlighting steady progress in diversifying Peru’s power mix.

Solar power was the standout performer, with output more than doubling compared to October of the previous year. Wind generation also recorded moderate growth, while biomass sources continued to provide stable contributions to the grid.


The rise in renewables coincided with a significant decline in thermal power generation, which fell by roughly 25% year-on-year. At the same time, hydropower output increased strongly due to favorable hydrological conditions. This combination reduced overall dependence on fossil fuels and improved the carbon intensity of Peru’s electricity system.

Total national electricity generation in October stood at around 5.6 TWh, with the vast majority supplied to the national market and a smaller portion self-generated by industrial users, particularly in the mining sector.


The growing share of renewables aligns with Peru’s longer-term strategy to strengthen energy security, reduce emissions, and attract investment into clean energy infrastructure. Ongoing modernization of hydropower assets, alongside new solar and wind projects, is expected to further support this transition over the coming years.

While renewables still represent a minority share of the power mix, the October figures underline a clear upward trend. If sustained, this momentum could position Peru as one of the more dynamic renewable energy markets in Latin America.


Looking ahead, continued policy support, grid investments, and favorable market conditions will be critical to maintaining growth. With solar and wind capacity expanding and thermal generation gradually declining, Peru’s electricity sector appears to be moving toward a more balanced and sustainable future.

Bottom line: The rise to a 13% renewable share in October is a meaningful milestone, signaling tangible progress in Peru’s clean energy transition and setting the stage for further expansion in the years ahead.






Comments


bottom of page