Peru : Overcoming the Barriers to Hydropower
Hydropower has been the major source of electricity in Peru, traditionally supplying more than 80 percent of electricity requirements, and serving as a source of independent generation for major mines and industries. With the development of natural...
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| Format: | ESMAP Paper |
| Language: | English en_US |
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Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2010/05/12664773/peru-overcoming-barriers-hydropower http://hdl.handle.net/10986/17528 |
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okr-10986-17528 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO FINANCING ALLOCATION APPROACH ATMOSPHERE AUCTION AVAILABILITY BALANCE BOILERS CALCULATION CAPITAL COST CAPITAL COSTS CAPS CARBON CARBON CREDITS CARBON DIOXIDE CARBON ECONOMY CARBON EXCHANGE CARBON FINANCE CARBON PRICES CEMENT CERTIFIED EMISSION REDUCTION CERTIFIED EMISSION REDUCTIONS CLEAN ENERGY CLIMATE CLIMATE CHANGE CLIMATE SYSTEM CO CO2 COLORS COMBUSTION COMBUSTION TURBINES COMMODITY MARKETS COST ESTIMATES COST OF GAS COST-BENEFIT CRUDE OIL CRUDE OIL PRICE DAMS DEMAND CURVE DEVELOPMENT OF HYDROPOWER DIESEL DISTRIBUTION LOSSES DOMESTIC ENERGY ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC BENEFITS ECONOMIC COSTS ECONOMIC GROWTH ELECTRIC ENERGY ELECTRIC POWER ELECTRIC POWER GENERATION ELECTRICITY ELECTRICITY DEMAND ELECTRICITY DEMAND GROWTH ELECTRICITY GENERATION ELECTRICITY PRICE ELECTRICITY PRICES ELECTRICITY PRODUCTION ELECTRICITY SECTOR ELECTRICITY SUPPLY ELECTRICITY TARIFFS EMISSION ENERGY COSTS ENERGY DATA ENERGY MIX ENERGY PLANNING ENERGY POLICY ENERGY PRICE ENERGY PRICES ENERGY PRODUCTION ENERGY SECURITY ENERGY STRATEGY ENVIRONMENTAL BENEFITS ENVIRONMENTAL CONSEQUENCES ENVIRONMENTAL IMPACTS ENVIRONMENTAL ISSUES ENVIRONMENTAL PROTECTION EXCHANGE RATE FEASIBILITY FINANCIAL ANALYSIS FINANCIAL CRISIS FINANCIAL MARKETS FLOODS FOREIGN EXCHANGE FOSSIL FOSSIL FUELS FREE MARKET FUEL FUTURE HYDROPOWER DEVELOPMENT GAS DEVELOPMENT GAS EXPLORATION GAS FIELDS GAS PLANTS GAS PRICE GAS SUPPLY GAS TURBINE GAS TURBINES GENERATING CAPACITY GENERATION SYSTEMS GEOTHERMAL POWER GEOTHERMAL POWER PLANTS GHG GLACIERS GLOBAL RECESSION GREENHOUSE GREENHOUSE GAS GREENHOUSE GASES GROSS DOMESTIC PRODUCT HYDRAULIC STRUCTURES HYDRO CAPACITY HYDRO DEVELOPMENT HYDRO GENERATION HYDRO PLANT HYDRO PLANTS HYDRO PROJECT HYDRO PROJECTS HYDROELECTRIC DEVELOPMENT HYDROELECTRIC GENERATION HYDROELECTRIC PLANTS HYDROELECTRIC POWER HYDROELECTRIC PROJECTS HYDROELECTRIC RESOURCES HYDROELECTRICITY HYDROLOGICAL CYCLE HYDROLOGICAL DATA HYDROLOGICAL INFORMATION HYDROLOGY HYDROPOWER HYDROPOWER CAPACITY HYDROPOWER DEVELOPMENT HYDROPOWER GENERATION HYDROPOWER INVESTMENT HYDROPOWER PLANT HYDROPOWER PLANTS HYDROPOWER POTENTIAL HYDROPOWER PROGRAM HYDROPOWER PROJECT HYDROPOWER PROJECTS HYDROPOWER RESOURCES IMPACTS OF CLIMATE CHANGE INCOME INSURANCE INTEREST RATE INVESTMENT DECISIONS INVESTMENT OPPORTUNITIES IPCC KILOWATT HOUR KILOWATT-HOUR LARGE HYDROPOWER LIQUEFIED NATURAL GAS LNG LONG-TERM FINANCING MARGINAL ENERGY MARGINAL PRICE METEOROLOGY NATIONAL GRID NATURAL GAS NATURAL GAS GENERATION NATURAL GAS PRICE NATURAL GAS PRICES NATURAL GAS RESOURCES NEGATIVE IMPACTS NITROGEN NITROGEN OXIDE NOX OCEANS OIL OIL PRICES PE PEAK DEMAND PEAK GENERATION PETROLEUM PIPELINE POLICY RESPONSE POWER DEMAND POWER GENERATION POWER GENERATION SYSTEMS POWER MIX POWER PLANT POWER PRODUCER POWER REQUIREMENTS POWER SECTOR POWER SHORTAGES POWER STATIONS POWER SUPPLY POWER SYSTEM POWER SYSTEM PLANNING POWER TRADE PRECIPITATION PRICE INCREASE PRICE OF GAS PRODUCTION OF ENERGY RAIN RAINFALL RAW MATERIALS REGULATORY FRAMEWORK RENEWABLE ENERGIES RENEWABLE ENERGY RENEWABLE ENERGY DEVELOPMENT RENEWABLE TECHNOLOGIES RESERVE MARGIN RIVER BASIN RIVER BASINS ROLE OF HYDROPOWER SCENARIOS SMALL HYDROPOWER SOURCE OF ELECTRICITY SPOT MARKET STEAM STEAM TURBINES SUPPLY CURVE SUPPLY OF ELECTRICITY SUSTAINABLE ENERGY TAX INCENTIVES TEMPERATURE THERMAL PLANT THERMAL POWER THERMAL POWER GENERATION THERMAL UNIT TRANSMISSION CAPACITY TRANSMISSION FACILITIES TRANSMISSION LOSSES TRANSMISSION SYSTEM UNCERTAINTIES WATER STORAGE WATER SUPPLY WEATHER PATTERNS WIND WIND POWER WIND TURBINES |
| spellingShingle |
ACCESS TO FINANCING ALLOCATION APPROACH ATMOSPHERE AUCTION AVAILABILITY BALANCE BOILERS CALCULATION CAPITAL COST CAPITAL COSTS CAPS CARBON CARBON CREDITS CARBON DIOXIDE CARBON ECONOMY CARBON EXCHANGE CARBON FINANCE CARBON PRICES CEMENT CERTIFIED EMISSION REDUCTION CERTIFIED EMISSION REDUCTIONS CLEAN ENERGY CLIMATE CLIMATE CHANGE CLIMATE SYSTEM CO CO2 COLORS COMBUSTION COMBUSTION TURBINES COMMODITY MARKETS COST ESTIMATES COST OF GAS COST-BENEFIT CRUDE OIL CRUDE OIL PRICE DAMS DEMAND CURVE DEVELOPMENT OF HYDROPOWER DIESEL DISTRIBUTION LOSSES DOMESTIC ENERGY ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC BENEFITS ECONOMIC COSTS ECONOMIC GROWTH ELECTRIC ENERGY ELECTRIC POWER ELECTRIC POWER GENERATION ELECTRICITY ELECTRICITY DEMAND ELECTRICITY DEMAND GROWTH ELECTRICITY GENERATION ELECTRICITY PRICE ELECTRICITY PRICES ELECTRICITY PRODUCTION ELECTRICITY SECTOR ELECTRICITY SUPPLY ELECTRICITY TARIFFS EMISSION ENERGY COSTS ENERGY DATA ENERGY MIX ENERGY PLANNING ENERGY POLICY ENERGY PRICE ENERGY PRICES ENERGY PRODUCTION ENERGY SECURITY ENERGY STRATEGY ENVIRONMENTAL BENEFITS ENVIRONMENTAL CONSEQUENCES ENVIRONMENTAL IMPACTS ENVIRONMENTAL ISSUES ENVIRONMENTAL PROTECTION EXCHANGE RATE FEASIBILITY FINANCIAL ANALYSIS FINANCIAL CRISIS FINANCIAL MARKETS FLOODS FOREIGN EXCHANGE FOSSIL FOSSIL FUELS FREE MARKET FUEL FUTURE HYDROPOWER DEVELOPMENT GAS DEVELOPMENT GAS EXPLORATION GAS FIELDS GAS PLANTS GAS PRICE GAS SUPPLY GAS TURBINE GAS TURBINES GENERATING CAPACITY GENERATION SYSTEMS GEOTHERMAL POWER GEOTHERMAL POWER PLANTS GHG GLACIERS GLOBAL RECESSION GREENHOUSE GREENHOUSE GAS GREENHOUSE GASES GROSS DOMESTIC PRODUCT HYDRAULIC STRUCTURES HYDRO CAPACITY HYDRO DEVELOPMENT HYDRO GENERATION HYDRO PLANT HYDRO PLANTS HYDRO PROJECT HYDRO PROJECTS HYDROELECTRIC DEVELOPMENT HYDROELECTRIC GENERATION HYDROELECTRIC PLANTS HYDROELECTRIC POWER HYDROELECTRIC PROJECTS HYDROELECTRIC RESOURCES HYDROELECTRICITY HYDROLOGICAL CYCLE HYDROLOGICAL DATA HYDROLOGICAL INFORMATION HYDROLOGY HYDROPOWER HYDROPOWER CAPACITY HYDROPOWER DEVELOPMENT HYDROPOWER GENERATION HYDROPOWER INVESTMENT HYDROPOWER PLANT HYDROPOWER PLANTS HYDROPOWER POTENTIAL HYDROPOWER PROGRAM HYDROPOWER PROJECT HYDROPOWER PROJECTS HYDROPOWER RESOURCES IMPACTS OF CLIMATE CHANGE INCOME INSURANCE INTEREST RATE INVESTMENT DECISIONS INVESTMENT OPPORTUNITIES IPCC KILOWATT HOUR KILOWATT-HOUR LARGE HYDROPOWER LIQUEFIED NATURAL GAS LNG LONG-TERM FINANCING MARGINAL ENERGY MARGINAL PRICE METEOROLOGY NATIONAL GRID NATURAL GAS NATURAL GAS GENERATION NATURAL GAS PRICE NATURAL GAS PRICES NATURAL GAS RESOURCES NEGATIVE IMPACTS NITROGEN NITROGEN OXIDE NOX OCEANS OIL OIL PRICES PE PEAK DEMAND PEAK GENERATION PETROLEUM PIPELINE POLICY RESPONSE POWER DEMAND POWER GENERATION POWER GENERATION SYSTEMS POWER MIX POWER PLANT POWER PRODUCER POWER REQUIREMENTS POWER SECTOR POWER SHORTAGES POWER STATIONS POWER SUPPLY POWER SYSTEM POWER SYSTEM PLANNING POWER TRADE PRECIPITATION PRICE INCREASE PRICE OF GAS PRODUCTION OF ENERGY RAIN RAINFALL RAW MATERIALS REGULATORY FRAMEWORK RENEWABLE ENERGIES RENEWABLE ENERGY RENEWABLE ENERGY DEVELOPMENT RENEWABLE TECHNOLOGIES RESERVE MARGIN RIVER BASIN RIVER BASINS ROLE OF HYDROPOWER SCENARIOS SMALL HYDROPOWER SOURCE OF ELECTRICITY SPOT MARKET STEAM STEAM TURBINES SUPPLY CURVE SUPPLY OF ELECTRICITY SUSTAINABLE ENERGY TAX INCENTIVES TEMPERATURE THERMAL PLANT THERMAL POWER THERMAL POWER GENERATION THERMAL UNIT TRANSMISSION CAPACITY TRANSMISSION FACILITIES TRANSMISSION LOSSES TRANSMISSION SYSTEM UNCERTAINTIES WATER STORAGE WATER SUPPLY WEATHER PATTERNS WIND WIND POWER WIND TURBINES World Bank Peru : Overcoming the Barriers to Hydropower |
| geographic_facet |
Latin America & Caribbean Peru |
| relation |
Energy Sector Management Assistance Program (ESMAP) reports; |
| description |
Hydropower has been the major source of
electricity in Peru, traditionally supplying more than 80
percent of electricity requirements, and serving as a source
of independent generation for major mines and industries.
With the development of natural gas in the early 1990s, and
the opening of the Camisea pipeline, the Government of
Peru's (GOP's) attention turned to providing
incentives for the use of natural gas in power generation.
This resulted in a virtual moratorium on hydropower
development as a result of the very low price of natural gas
(below economic cost). With the development of export
markets for gas and increased attention to the impacts of
climate change, the Government has recently begun to pay
renewed attention to hydropower. Recent developments
include: (a) introduction of accelerated depreciation for
hydropower investments; (b) introduction of a
"discount" to permit hydropower to compete with
gas-fired plants in auctions; and (c) announcement of a
special hydropower auction to be held in 2009 by
ProInversion, the state agency for promoting private
investment. The intention of this report is to assist the
GOP in assessing the potential role of hydropower in the
sector and the measures that could be taken to encourage its
continued development as appropriate. The study was done at
a particularly challenging time. First, there was
considerable volatility in energy prices and investment
costs, which needed to be incorporated into the analysis.
Second, financial markets were in disarray and it was
difficult to predict when conditions were likely to
normalize. Third, the GOP recently introduced many new
policies and regulatory measures through supreme decrees
that are changing the regulatory system and may interact in
unexpected ways. |
| format |
Publications & Research :: ESMAP Paper |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Peru : Overcoming the Barriers to Hydropower |
| title_short |
Peru : Overcoming the Barriers to Hydropower |
| title_full |
Peru : Overcoming the Barriers to Hydropower |
| title_fullStr |
Peru : Overcoming the Barriers to Hydropower |
| title_full_unstemmed |
Peru : Overcoming the Barriers to Hydropower |
| title_sort |
peru : overcoming the barriers to hydropower |
| publisher |
Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2010/05/12664773/peru-overcoming-barriers-hydropower http://hdl.handle.net/10986/17528 |
| _version_ |
1764437774918746112 |
| spelling |
okr-10986-175282021-04-23T14:03:38Z Peru : Overcoming the Barriers to Hydropower World Bank ACCESS TO FINANCING ALLOCATION APPROACH ATMOSPHERE AUCTION AVAILABILITY BALANCE BOILERS CALCULATION CAPITAL COST CAPITAL COSTS CAPS CARBON CARBON CREDITS CARBON DIOXIDE CARBON ECONOMY CARBON EXCHANGE CARBON FINANCE CARBON PRICES CEMENT CERTIFIED EMISSION REDUCTION CERTIFIED EMISSION REDUCTIONS CLEAN ENERGY CLIMATE CLIMATE CHANGE CLIMATE SYSTEM CO CO2 COLORS COMBUSTION COMBUSTION TURBINES COMMODITY MARKETS COST ESTIMATES COST OF GAS COST-BENEFIT CRUDE OIL CRUDE OIL PRICE DAMS DEMAND CURVE DEVELOPMENT OF HYDROPOWER DIESEL DISTRIBUTION LOSSES DOMESTIC ENERGY ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC BENEFITS ECONOMIC COSTS ECONOMIC GROWTH ELECTRIC ENERGY ELECTRIC POWER ELECTRIC POWER GENERATION ELECTRICITY ELECTRICITY DEMAND ELECTRICITY DEMAND GROWTH ELECTRICITY GENERATION ELECTRICITY PRICE ELECTRICITY PRICES ELECTRICITY PRODUCTION ELECTRICITY SECTOR ELECTRICITY SUPPLY ELECTRICITY TARIFFS EMISSION ENERGY COSTS ENERGY DATA ENERGY MIX ENERGY PLANNING ENERGY POLICY ENERGY PRICE ENERGY PRICES ENERGY PRODUCTION ENERGY SECURITY ENERGY STRATEGY ENVIRONMENTAL BENEFITS ENVIRONMENTAL CONSEQUENCES ENVIRONMENTAL IMPACTS ENVIRONMENTAL ISSUES ENVIRONMENTAL PROTECTION EXCHANGE RATE FEASIBILITY FINANCIAL ANALYSIS FINANCIAL CRISIS FINANCIAL MARKETS FLOODS FOREIGN EXCHANGE FOSSIL FOSSIL FUELS FREE MARKET FUEL FUTURE HYDROPOWER DEVELOPMENT GAS DEVELOPMENT GAS EXPLORATION GAS FIELDS GAS PLANTS GAS PRICE GAS SUPPLY GAS TURBINE GAS TURBINES GENERATING CAPACITY GENERATION SYSTEMS GEOTHERMAL POWER GEOTHERMAL POWER PLANTS GHG GLACIERS GLOBAL RECESSION GREENHOUSE GREENHOUSE GAS GREENHOUSE GASES GROSS DOMESTIC PRODUCT HYDRAULIC STRUCTURES HYDRO CAPACITY HYDRO DEVELOPMENT HYDRO GENERATION HYDRO PLANT HYDRO PLANTS HYDRO PROJECT HYDRO PROJECTS HYDROELECTRIC DEVELOPMENT HYDROELECTRIC GENERATION HYDROELECTRIC PLANTS HYDROELECTRIC POWER HYDROELECTRIC PROJECTS HYDROELECTRIC RESOURCES HYDROELECTRICITY HYDROLOGICAL CYCLE HYDROLOGICAL DATA HYDROLOGICAL INFORMATION HYDROLOGY HYDROPOWER HYDROPOWER CAPACITY HYDROPOWER DEVELOPMENT HYDROPOWER GENERATION HYDROPOWER INVESTMENT HYDROPOWER PLANT HYDROPOWER PLANTS HYDROPOWER POTENTIAL HYDROPOWER PROGRAM HYDROPOWER PROJECT HYDROPOWER PROJECTS HYDROPOWER RESOURCES IMPACTS OF CLIMATE CHANGE INCOME INSURANCE INTEREST RATE INVESTMENT DECISIONS INVESTMENT OPPORTUNITIES IPCC KILOWATT HOUR KILOWATT-HOUR LARGE HYDROPOWER LIQUEFIED NATURAL GAS LNG LONG-TERM FINANCING MARGINAL ENERGY MARGINAL PRICE METEOROLOGY NATIONAL GRID NATURAL GAS NATURAL GAS GENERATION NATURAL GAS PRICE NATURAL GAS PRICES NATURAL GAS RESOURCES NEGATIVE IMPACTS NITROGEN NITROGEN OXIDE NOX OCEANS OIL OIL PRICES PE PEAK DEMAND PEAK GENERATION PETROLEUM PIPELINE POLICY RESPONSE POWER DEMAND POWER GENERATION POWER GENERATION SYSTEMS POWER MIX POWER PLANT POWER PRODUCER POWER REQUIREMENTS POWER SECTOR POWER SHORTAGES POWER STATIONS POWER SUPPLY POWER SYSTEM POWER SYSTEM PLANNING POWER TRADE PRECIPITATION PRICE INCREASE PRICE OF GAS PRODUCTION OF ENERGY RAIN RAINFALL RAW MATERIALS REGULATORY FRAMEWORK RENEWABLE ENERGIES RENEWABLE ENERGY RENEWABLE ENERGY DEVELOPMENT RENEWABLE TECHNOLOGIES RESERVE MARGIN RIVER BASIN RIVER BASINS ROLE OF HYDROPOWER SCENARIOS SMALL HYDROPOWER SOURCE OF ELECTRICITY SPOT MARKET STEAM STEAM TURBINES SUPPLY CURVE SUPPLY OF ELECTRICITY SUSTAINABLE ENERGY TAX INCENTIVES TEMPERATURE THERMAL PLANT THERMAL POWER THERMAL POWER GENERATION THERMAL UNIT TRANSMISSION CAPACITY TRANSMISSION FACILITIES TRANSMISSION LOSSES TRANSMISSION SYSTEM UNCERTAINTIES WATER STORAGE WATER SUPPLY WEATHER PATTERNS WIND WIND POWER WIND TURBINES Hydropower has been the major source of electricity in Peru, traditionally supplying more than 80 percent of electricity requirements, and serving as a source of independent generation for major mines and industries. With the development of natural gas in the early 1990s, and the opening of the Camisea pipeline, the Government of Peru's (GOP's) attention turned to providing incentives for the use of natural gas in power generation. This resulted in a virtual moratorium on hydropower development as a result of the very low price of natural gas (below economic cost). With the development of export markets for gas and increased attention to the impacts of climate change, the Government has recently begun to pay renewed attention to hydropower. Recent developments include: (a) introduction of accelerated depreciation for hydropower investments; (b) introduction of a "discount" to permit hydropower to compete with gas-fired plants in auctions; and (c) announcement of a special hydropower auction to be held in 2009 by ProInversion, the state agency for promoting private investment. The intention of this report is to assist the GOP in assessing the potential role of hydropower in the sector and the measures that could be taken to encourage its continued development as appropriate. The study was done at a particularly challenging time. First, there was considerable volatility in energy prices and investment costs, which needed to be incorporated into the analysis. Second, financial markets were in disarray and it was difficult to predict when conditions were likely to normalize. Third, the GOP recently introduced many new policies and regulatory measures through supreme decrees that are changing the regulatory system and may interact in unexpected ways. 2014-03-31T20:23:06Z 2014-03-31T20:23:06Z 2010-05 http://documents.worldbank.org/curated/en/2010/05/12664773/peru-overcoming-barriers-hydropower http://hdl.handle.net/10986/17528 English en_US Energy Sector Management Assistance Program (ESMAP) reports; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Publications & Research :: ESMAP Paper Publications & Research Latin America & Caribbean Peru |