Wind Power in Peru: The capacity generated to be connected to the system increased to 640 MW

The maximum capacity of wind energy generated to be connected to the peruan electric system used to be fixed to 375 MW. According to the recent adjustments, the capacity is 640 MW.

The maximum capacity has been provided in august by the italian consulting company Electrical System Consultants – the company was contracted by COES. As the COES president said, the legal analysis was performed to set up the new number, to be sure it does not have an impact to the economy of the system.

The capacity of 100 MW for wind energy was specified in the conditions and bases of the tender published by the Monistry of Energy and Mines (MEM), with the option to increase it in the future. The projects from wind, solar and hydroenergy can be submitted under the same call.

Based on the schedule established by the Osinergmin (Supervising Body of the Energy and Mines Investment), the tender results will be published on January, 15th, 2010. Up to date, the temporary licences for the wind energy production for more than 9,000 MW were granted by MEM, but not all of them will obtain the definitive licence.

For that, the auction for 500MW will be held in October. Based on the information published, the required amount of energy could be assign to four energy technologies, wind energy including.

According to Peru’s Ministry of Energy and Mining (MEM) the tender for electricity generation services using renovable energy resources (500 MW) will be open on October 2009. The tender includes any of the renovable energy types such as biomass, wind power, solar, geotermic or hydraulic.

The total of energy required reaches 1.314 GWh, which means a potency of 500 MW. The Peruvian Association of Renovable Energies (APER) expresed that, according to their figures, this would save Peru almost US $ 60 million dollars per year.

APER’s studies suggest that some of the best spots in Peru to install wind power generators would be in Tumbes, Piura, Lambayeque, La Libertad, Huacho, Marcona, Arequipa, Atico, Ilo, among some other places.

Wind power projects for a total of 4500 megawatts have been granted to several investing companies in Peru and are being analyzed for approval, while a wind map to inform investors about the capacity of different parts of the country will be available in a few months, the Energy and Mining Ministry of Peru announced.

Both news are part of a policy by the government to push renewable energies, which includes incentives for investors, among them a 12% internal rate of return and guaranteed purchase for the generated electricity. The government wants to have 5% of energy coming from wind in two years. Did you know that the Peruvian coastline has a potential for 65,000 megawatt wind power generation? Keep reading for more.

In order to push renewable energy generation, the Peruvian government launched a package of measures to encourage investments in the area. Its main features were guaranteed internal rate of return of 12% (which they actually calculate in 14% if you add income for carbon credits), accelerated depreciation up to 20% per year, and guaranteed purchase of the generated power.

On the bigger picture, the government wants to have 5% of all the energy commercialized in Peru coming from wind power in two years. More yet, the goal is to get to 2011 with only a third of the economy relying on petrol, another third on natural gas, and the last to renewable energies.

Wind power in particular has a bright future in the country: the World Meteorology Organization says Peru has 28 of the 32 climates appropriate for wind power generation, and that only in the country’s coastline there’s a potential of 65,152 megawatts.

One of the most important projects already approved is a wind power park in Paracas, a coastal district in the province of Pisco. The company behind it is Iberoperuana Inversiones (part of Windiberica), with a 240 million US dollars investment.

The park will generate 240 megawatts and will give electricity to 80 thousand families in Peru, according to the government. Apart from that, the government announced that thorough the coastline there are seven other projects in study.