|Year:||2006 (Jul 23rd)|
|Policy status:||In Force|
|Date Effective:||2006 (Jul 23rd)|
|Policy Type:||Economic Instruments, Economic Instruments>Market-based instruments, Regulatory Instruments|
|Renewable Energy Policy Targets:||Multiple RE Sources, Multiple RE Sources, Power|
|Policy Sector:||Electricity, Framework Policy|
|Size of Plant Targeted:||Small and Large|
|Legal References:||Ley 28832|
|Renewable Energy Description:|
Law No. 28832 of 2006 constitutes the basic legal framework for Peru’s energy sector. In response to rapid demand growth, the Law aims to “ensure the efficient development of electricity generation” and to this end it mandated the use of auctions by distribution companies for the procurement of supplies to regulated consumers.
Based on this law, Decree 1002 establishes a mechanism were long-term guaranteed tariffs for electricity from renewable energy sources are auctioned biannually.
In order to view a full versions of the Peru's Law to ensure the efficient development of electricity generation (Ley para asegurar el desarrollo eficiente de la generacion electrica) please click here.
Last modified: Wed, 29 Mar 2017 08:30:40 CEST