Year:2009 (Nov 2nd)
Policy status:In Force
Date Effective:2009 (Nov 2nd)
Policy Type:Regulatory Instruments, Economic Instruments
Policy Target:Multiple RE Sources>Power
Policy Sector:Electricity, Framework Policy
Size of Plant Targeted:Small and Large
Agency:Supervisory Body of Investment in Energy and Mining (Organismo Supervisor de la Inversión en Energía y Minería, OSINERGIM)
Legal References:Resolution 201-2009-OS/CD

Peru’s auction system has a strong reliance on financial guarantees to ensure the performance of bidders. Resolution on Compliance of the Renewable Energy Resources Electricity Generation Agreement adopted in 2009 regulates bid and construction guarantees for all concessionaires who, in due course, were successors as a result of their participation in the Renewable Energy Auctions, and have signed the corresponding Contract with the Peruvian State.

The actual amount of the guarantees is established in each auction.


Related policies:Peru Renewable Energy Auctions

Last modified: Wed, 29 Mar 2017 08:42:14 CEST