Post on 12-Jul-2020
REFERENCE CODE GDPE0683ICR | PUBLICATION DATE AUGUST 2013
PERU POWER MARKET OUTLOOK TO 2030 - MARKET TRENDS, REGULATIONS AND
COMPETITIVE LANDSCAPE
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PERU POWER MARKET OUTLOOK TO 2030 - MARKET TRENDS, REGULATIONS AND
COMPETITIVE LANDSCAPE
Executive Summary
Thermal Capacity Dominates Power Mix
Power generation capacity in Peru is currently
dominated by thermal power, which accounted for
a XX% share of the country’s cumulative installed
capacity in 2012. Gas-fired power plants
dominated the country’s thermal installed capacity
that year, with an XX% share. Thermal capacity
increased from XX Gigawatts (GW) in 2000 to XX
GW in 2012, at a Compound Annual Growth Rate
(CAGR) of XX%.
To meet increasing demand for electricity and
ensure the reliable supply of power, the
government will continue to augment its thermal
installed capacity. However the share of thermal
capacity in Peru is expected to decrease in the
future, and be replaced by renewable capacity.
Power Market, Peru, Thermal Installed Capacity (GW), 2000–2012
2000 2006 2012
Ther
mal
inst
alle
d ca
paci
ty (G
W)
Source: GlobalData, Power eTrack, Capacity and Generation Database [Accessed on: July 18, 2013]
Continued Growth in Power Generation
Power generation in Peru increased from XX
Terawatt hours (TWh) in 2000, to XX TWh in 2012,
at a CAGR of XX%. During the period from 2013 to
2030, power generation is expected to increase in
order to satisfy the steadily increasing demand for
electricity. This increased power demand can be
attributed to economic growth, increasing
industrialization, and increased population size.
Power Market, Peru, Annual Power Generation (TWh), 2000–2012
2000 2006 2012
Annu
al p
ower
gen
erat
ion
(TW
h)
Source: GlobalData, Power eTrack, Capacity and Generation Database [Accessed on: July 18, 2013]
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PERU POWER MARKET OUTLOOK TO 2030 - MARKET TRENDS, REGULATIONS AND
COMPETITIVE LANDSCAPE
Table of Contents
1 Table of Contents
1 Table of Contents .......................................................................................................................... 4
1.1 List of Tables............................................................................................................................ 8
1.2 List of Figures ........................................................................................................................ 10
2 Introduction ................................................................................................................................. 11
2.1 GlobalData Report Guidance ................................................................................................. 12
3 Peru, Power Market, Snapshot .................................................................................................... 13
3.1 Macro Economic Factors........................................................................................................ 13
3.2 Supply Security ...................................................................................................................... 16
3.3 Generation Infrastructure ....................................................................................................... 16
3.4 Transmission Infrastructure .................................................................................................... 17
3.5 Opportunities.......................................................................................................................... 17
3.6 Challenges ............................................................................................................................. 18
4 Peru, Power Market, Market Analysis .......................................................................................... 19
4.1 Peru, Power Market, Supply Structure ................................................................................... 19
4.2 Peru, Power Market, Key Players ........................................................................................... 19
4.2.1 Financial Performance .................................................................................................... 21
4.2.2 Key Financial Ratios and Inference ................................................................................ 21
4.3 Peru, Power Market, Financial Deals ..................................................................................... 24
4.3.1 Deals, Split by Type, 2012 .............................................................................................. 25
4.4 Peru, Power Market, Demand Structure ................................................................................. 26
4.4.1 Power Market, Peru, Power Consumption by Sector, 2012 ............................................. 28
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Table of Contents
5 Peru, Power Market, Regulatory Scenario ................................................................................... 29
5.1 Peru Power Market, Electricity Structure Background ............................................................ 29
5.2 Peru, Power Market, Electricity Sector Reform ....................................................................... 29
5.3 Peru, Power Market, Rural Electrification ............................................................................... 30
5.3.1 Master Plan for Rural Electrification by Renewable Energy in the Republic of Peru, 2008
....................................................................................................................................... 30
5.4 Peru, Power Market, Renewable Energy Development .......................................................... 31
5.5 Peru, Power Market, Energy Efficiency Development ............................................................ 31
6 Peru, Power Market, Capacity and Generation Overview ............................................................ 32
6.1 Installed Capacity, Breakdown by Type of Power Plant, 2012 ................................................ 32
6.2 Cumulative Installed Capacity and Annual Generation, 2000–2030 ....................................... 33
6.3 Thermal, Installed Capacity and Generation, 2000–2030 ....................................................... 36
6.4 Hydropower, Installed Capacity and Generation, 2000–2030 ................................................. 40
6.5 Renewable Power, Installed Capacity and Generation, 2000–2030 ....................................... 44
7 Peru, Power Market, Transmission and Distribution Overview ..................................................... 48
7.1 Peru, Power Market, Transmission Network Overview ........................................................... 48
7.1.1 Peru, Power Market, Transmission Network Development ............................................. 50
7.2 Peru, Power Market, Distribution Network Overview .............................................................. 50
7.3 Peru, Power Market, Grid Interconnections ............................................................................ 51
7.4 Peru, Power Market, Electricity Trade .................................................................................... 51
8 Peru, Power Market, Competitive Landscape: Snapshot of Top Power Companies .................... 52
8.1 Key Companies in the Peru’s Power Market, Edegel S.A. ...................................................... 52
8.1.1 Edegel S.A., Company Overview .................................................................................... 52
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8.1.2 Edegel S.A, Business Description ................................................................................... 52
8.1.3 Edegel S.A, SWOT Analysis ........................................................................................... 53
8.2 Key Companies in the Peru’s Power Market, Enersur. ........................................................... 56
8.2.1 Enersur, Company Overview .......................................................................................... 56
8.2.2 Enersur, Business Description ........................................................................................ 56
8.2.3 Enersur, SWOT Analysis ................................................................................................ 57
8.3 Key Companies in the Peru’s Power Market, Kallpa Generacion S.A. .................................... 60
8.3.1 Kallpa Generacion S.A., Company Overview .................................................................. 60
8.3.2 Kallpa Generacion S.A., Business Description ................................................................ 60
8.3.3 Kallpa Generacion S.A., SWOT Analysis ........................................................................ 61
8.4 Key Companies in the Peru’s Power Market, Empresa Electricidad del Peru - Electroperu S.A .
....................................................................................................................................... 64
8.4.1 Empresa Electricidad del Peru - Electroperu S.A, Company Overview ........................... 64
8.4.2 Empresa Electricidad del Peru - Electroperu S.A, Business Description ......................... 64
8.4.3 Empresa Electricidad del Peru - Electroperu S.A, SWOT Analysis ................................. 65
8.5 Peru, Power Market, Key Company, Duke Energy Corporation .............................................. 68
8.5.1 Duke Energy Corporation, Company Overview ............................................................... 68
8.5.2 Duke Energy Business Description ................................................................................. 68
8.5.3 Duke Energy Corporation SWOT Analysis ...................................................................... 69
9 Appendix ..................................................................................................................................... 73
9.1 Market Definitions .................................................................................................................. 73
9.1.1 Power ............................................................................................................................. 73
9.1.2 Installed Capacity ........................................................................................................... 73
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9.1.3 Active Installed Capacity ................................................................................................. 73
9.1.4 Electricity Generation ...................................................................................................... 73
9.1.5 Electricity Consumption .................................................................................................. 73
9.1.6 Thermal Power Plant ...................................................................................................... 73
9.1.7 Hydropower Plant ........................................................................................................... 74
9.1.8 Nuclear Power ................................................................................................................ 74
9.1.9 Renewable Energy Resources........................................................................................ 74
9.2 Abbreviations ......................................................................................................................... 74
9.3 Bibliography ........................................................................................................................... 75
9.4 GlobalData’s Methodology ..................................................................................................... 76
9.4.1 Coverage ........................................................................................................................ 77
9.4.2 Secondary research and analysis ................................................................................... 77
9.4.3 Primary Research and Analysis ...................................................................................... 78
9.5 Disclaimer .............................................................................................................................. 78
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Table of Contents
1.1 List of Tables
Table 1: Power Market, Peru, Trends in GDP at constant prices ($bn), Population (million) and Annual
Power Consumption (TWh), 2007–2017 ....................................................................................... 15
Table 2: Power Market, Peru, Leading Power Generating Companies (%), 2012 ........................................ 20
Table 3: Power Market, Peru, Key Financial Ratios, 2012 .......................................................................... 23
Table 4: Power Market, Peru, Deal Value ($m) and Deal Volume, 2004–2012 ............................................ 25
Table 5: Power Market, Peru, Annual Power Consumption (TWh), 2000–2030 ........................................... 27
Table 6: Power Market, Peru, Estimated Consumption by Sector (%), 2012 ............................................... 28
Table 7: Power Market, Peru, Cumulative Installed Capacity by Type of Power Plant (%), 2012 ................. 32
Table 8: Power Market, Peru, Cumulative Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2030 ................................................................................................................................... 35
Table 9: Power Market, Peru, Leading Active Thermal Power Plants (MW), 2012 ....................................... 36
Table 10: Power Market, Peru, Leading Upcoming Thermal Power Plants (MW), 2012 ................................. 37
Table 11: Power Market, Peru, Cumulative Thermal Installed Capacity (GW) and Annual Thermal Power
Generation (TWh), 2000–2030 ..................................................................................................... 39
Table 12: Power Market, Peru, Leading Active Hydro Power Plants (MW), 2012 .......................................... 40
Table 13: Power Market, Peru, Leading Upcoming Hydropower Plants (MW), 2012 ..................................... 41
Table 14: Power Market, Peru, Cumulative Hydropower Installed Capacity (GW) and Annual Hydropower
Generation (GWh), 2000–2030 ..................................................................................................... 43
Table 15: Power Market, Peru, Leading Active Renewable Power Plants (MW), 2012 .................................. 44
Table 16: Power Market, Peru, Leading Upcoming Renewable Power Plants (MW), 2012 ............................ 45
Table 17: Power Market, Peru, Cumulative Renewable Installed Capacity (GW) and Annual Renewable
Power Generation (TWh), 2000–2030 .......................................................................................... 47
Table 18: Power Market, Peru, Transmission Line Length (Ckm), 2000–2020 .............................................. 49
Table 19: Edegel S.A., SWOT Analysis ........................................................................................................ 53
Table 20: Enersur, SWOT Analysis .............................................................................................................. 57
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Table of Contents
Table 21: Kallpa Generacion S.A ., SWOT Analysis ..................................................................................... 61
Table 22: Empresa Electricidad del Peru - Electroperu S.A., SWOT Analysis ............................................... 65
Table 23: Duke Energy Corporation, SWOT Analysis ................................................................................... 69
Table 24: Abbreviations ............................................................................................................................... 74
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Table of Contents
1.2 List of Figures
Figure 1: Power Market, Peru, Trends in GDP at constant prices($bn), Population (million) and Annual Power Consumption (TWh), 2007–2017 ...................................................................................... 14
Figure 2: Power Market, Peru, Leading Power Generating Companies (%), 2012 ...................................... 20
Figure 3: Power Market, Peru, Deal Value ($m) and Deal Volume, 2004–2012 .......................................... 24
Figure 4: Power Market, Peru, Annual Power Consumption (TWh), 2000–2030 ......................................... 26
Figure 5: Power Market, Peru, Estimated Consumption by Sector (%), 2012 .............................................. 28
Figure 6: Power Market, Peru, Cumulative Installed Capacity by Type of Power Plant (%), 2012 ................ 32
Figure 7: Power Market, Peru, Cumulative Installed Capacity (GW) and Annual Power Generation (TWh), 2000–2030 ...................................................................................................................... 34
Figure 8: Power Market, Peru, Cumulative Thermal Installed Capacity (GW) and Annual Thermal Power Generation (TWh), 2000–2030 .................................................................................................... 38
Figure 9: Power Market, Peru, Cumulative Hydropower Installed Capacity (GW) and Annual Hydropower Generation (TWh), 2000–2030 .................................................................................................... 42
Figure 10: Power Market, Peru, Cumulative Renewable Installed Capacity (GW) and Annual Renewable Power Generation (TWh), 2000–2030 ......................................................................................... 46
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Introduction
2 Introduction
Peru is a developing country with a liberalized economy. The country has a republican form of
government, with a multi-party system in place. It is a member of international organizations such
as G-24, Union Latina, the United Nations (UN) and the United Nations Conference on Trade and
Development.
The country attracts a large amount of Foreign Direct Investment (FDI). In 2012 Peru’s FDI inflow
increased by XX% when compared with 2011 (Andina, 2013a). This growth is the highest in the
Latin American region. The country also became the fifth-largest FDI recipient in Latin America
during 2012. Furthermore, FDI inflow in Peru during the first quarter of 2013 amounted to $XX
billion, which demonstrating an increase of XX% in comparison to the same period in the previous
year (Andina, 2013b). This steady growth in FDI can be attributed to the favorable business
environment in Peru.
The Peruvian government’s primary objective during the 1990s was to create a political
environment that promoted private investment. In order to achieve this goal, various policy
initiatives were launched. Peru also signed a number of trade agreements to improve its
international trade. In April 2006, Peru signed the US–Peru Trade Promotion Agreement with the
US. The agreement has since been ratified several times by both governments, and was
implemented in February 2009 after the Peruvian government incorporated changes related to
environmental and intellectual property laws. Peru is also involved in trade agreements with Chile,
Mexico, Canada, Singapore, China, the European Union, Japan, South Korea, and the European
Free Trade Association. Furthermore, Peru is a leading member of the World Trade Organization,
the Asia-Pacific Economic Co-operation forum, the UN, and the Andean Community.
Peru’s Gross Domestic Product (GDP) amounted to $XX billion – at current prices – in 2012,
indicating a GDP growth rate of XX% compared with the previous year. The service sector was
estimated XX% share towards GDP in 2012, followed by the industrial sector with XX% and the
agricultural sector with XX%. Peru’s economy was not seriously affected by the global recession,
recording a positive growth rate of XX% even in the wake of the economic downturn. This was
achieved as a result of the country’s strong macro-economic scenario.
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Introduction
The Ministry of Energy and Mines (MEM) is the apex body responsible for regulating and
supervising the energy and mining sectors. The Supervisor of Investment in Energy and Mining
(Osinergmin) oversees and regulates the activities of the power and mining sectors. In response to
increasing concerns regarding the adverse environmental impact of green house gas emissions,
the government has shifted its focus from gas-fired power generation to the development of
hydropower plants. Moreover, Peru is likely to emerge as an exporter of natural gas in the future,
meaning that it is probable that gas will be used for export purposes rather than for power
generation. In May 2008, the Peruvian government also passed Legislative Decree 1002, which
promotes investment in renewable power generation.
2.1 GlobalData Report Guidance
The report opens with an executive summary capturing key growth trends in Peru’s power
market.
Chapter three provides a snapshot of Peru’s power sector.
Chapter four provides cumulative capacity and power generation information, as well as
segmentation according to source of energy from 2000 to 2012, with forecasts provided up
until 2030. This is followed by the consumption scenario for the market between 2000 and
2012, with forecasts provided up until 2030.
Chapter five provides information about the power infrastructure in Peru, including details of
leading active and upcoming power plants in the country, existing and planned developments
in transmission and distribution infrastructure, and cross-country interconnections.
Chapter six provides information on regulatory structure and provides a brief description of the
power regulatory structure and prominent policies influencing the future of the power market.
Chapter seven describes the competitive landscape of Peru’s power generation market, with
complete descriptions and SWOT analysis provided for leading companies.
Note: from 2012 onwards the report provides actual or estimated data depending upon the
information available at the time of writing the report.
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Peru, Power Market, Market Analysis
4.4 Peru, Power Market, Demand Structure
Peru’s steady economic growth, improved standard of living, and increased industrial development
has led to growth in the consumption of electricity. Electricity consumption in Peru was XX Terawatt
Hours (TWh) in 2012, compared with XX TWh in 2000. During this period, consumption increased
at an estimated CAGR of XX%. During the forecast period from 2013 to 2030, electricity
consumption is expected to increase at a CAGR of XX%, from XX TWh to XX TWh.
Figure 4: Power Market, Peru, Annual Power Consumption (TWh), 2000–2030
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
2024
2026
2028
2030
Ann
ual p
ower
con
sum
ptio
n (T
Wh)
Source: GlobalData, Power eTrack, Consumption Database [Accessed on July 18, 2013]
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PERU POWER MARKET OUTLOOK TO 2030 - MARKET TRENDS, REGULATIONS AND
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Peru, Power Market, Market Analysis
Table 5: Power Market, Peru, Annual Power Consumption (TWh), 2000–2030
Year Consumption (TWh)
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
Source: GlobalData, Power eTrack, Consumption Database [Accessed on July 18, 2013]
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Peru, Power Market, Market Analysis
4.4.1 Power Market, Peru, Power Consumption by Sector, 2012
The industrial sector is estimated to have accounted for the highest share of total electricity
consumption in 2012, with XX%. The residential sector accounted for the next highest share of total
electricity consumption, at an estimated XX%, and the commercial sector had a share of XX%.
Figure 5: Power Market, Peru, Estimated Consumption by Sector (%), 2012
Industrial
Residential
Commercial
Street lighting
Source: GlobalData
Table 6: Power Market, Peru, Estimated Consumption by Sector (%), 2012
Sectors Percentage (%)
Industrial
Residential
Commercial
Street lighting
Source: GlobalData
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Appendix
9 Appendix
9.1 Market Definitions
The geographical coverage of this report is Peru. The report covers market segments related to
installed electricity capacity, generation, consumption, and power infrastructure and regulations.
The report covers the whole of Peru for a quantitative and qualitative assessment of its power
market.
9.1.1 Power
The rate of production, transfer, or energy use, usually related to electricity. Measured in watts and
often expressed in kilowatts (kW) or Megawatts (MW), it is also known as real or active power.
9.1.2 Installed Capacity
Installed capacity refers to the generator’s nameplate capacity as stated by the manufacturer or the
maximum rated output of a generator under given conditions. Installed capacity is given in
Megawatts (MW) on a nameplate physically fixed on the generator.
9.1.3 Active Installed Capacity
Active installed capacity refers to that component of electric power that actually performs work. It is
given in kilowatts (kW), Megawatts (MW) or Gigawatt (GW).
9.1.4 Electricity Generation
The production of electric energy is achieved through the transformation of other forms of energy.
The figure also refers to the amount of electric energy produced, expressed in Gigawatt hours
(GWh) or Terawatt Hour (TWh).
9.1.5 Electricity Consumption
Consumption of electricity calculated as generation, plus imports, minus exports, minus
transmission and distribution losses and measured in Gigawatt hours (GWh).
9.1.6 Thermal Power Plant
A plant in which turbine generators are driven by burning fossil fuels.
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Appendix
9.1.7 Hydropower Plant
A plant in which turbine generators are driven by falling water.
9.1.8 Nuclear Power
The electricity generated by the use of the thermal energy released from the fission of nuclear fuel
in a reactor.
9.1.9 Renewable Energy Resources
Naturally replenishing energy resources limited in the amount of energy available per unit of time.
For example, biomass, geothermal, solar, and wind can all be termed renewable.
9.2 Abbreviations
Table 24: Abbreviations
Full Form Abbreviations
Compound Annual Growth Rate CAGR
Combined Cycle Gas Turbine CCGT
Circuit kilometres Ckm
Committee of Economic Operation System COES
Empresa Electricidad del Peru Electroperu
Foreign Direct Investment FDI
Gross Domestic Product GDP
Gigawatt GW
kilovolt kV
Liquefied Natural Gas LNG
Ministry of Energy and Mines MEM
Megawatt MW
Photovoltaic PV
Sistema Eléctrico Interconectado Nacional SEIN
trillion cubic feet tcf
Terawatt Hours TWh
United Nations UN
Source: GlobalData
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Appendix
9.3 Bibliography
Abengoa (2013). Abengoa will carry out a new electricity transmission project in Peru.
Abengoa, February 22, 2013. Available from:
http://www.abengoa.com/web/en/noticias_y_publicaciones/noticias/historico/2013/02_febrero/a
bg_20130222_2.html [Accessed on: July 20, 2013]
Anaya K (2010). Restructuring and Privatization of the Peruvian Electricity Distribution Market.
University of Cambridge. Available from:
http://www.dspace.cam.ac.uk/bitstream/1810/229421/2/1017%26EPRG1009.pdf
Andina (2013a). Peru records highest LaTAm FDI-growth, ECLAC says. Andina, May 15,
2013. Available from: http://www.andina.com.pe/Ingles/noticia-peru-records-highest-latam-
fdigrowth-eclac-says-458653.aspx [Accessed on: July 20, 2013]
Andina (2013b). Foreign direct investment in Peru totaled US$4.1bln in 1Q2013. Andina, June
9, 2013. Available from: http://www.andina.com.pe/Ingles/noticia-foreign-direct-investment-in-
peru-totaled-41bln-in-1q2013-461868.aspx [Accessed on: July 20, 2013]
Andina (2013c). Peru January-September power sector investment brushes US$2bn. Andina,
January, 1, 2013. Available from: http://www.andina.com.pe/english/noticia-peru-
januaryseptember-power-sector-investment-brushes-2bn-441754.aspx [Accessed on: July 20,
2013]
COES (2013). COES: Who are we? Committee of Economic Operation System. Available
from: http://www.coes.org.pe/wcoes/coes/organizacion/qsomos.aspx [Accessed on July 20,
2012]
EIA (2012). Peru- Country Analysis. US Energy Information Administration. Available from:
http://www.eia.gov/countries/cab.cfm?fips=PE [Accessed on July 20, 2012]
IMF (2013). World Economic Outlook Database – October 2012 – Poland [database].
International Monetary Fund. Available from:
http://www.imf.org/external/pubs/ft/weo/2012/02/weodata/index.aspx [Accessed on: July 20,
2013]
Peru Power Market Outlook to 2030 - Market Trends, Regulations and Competitive Landscape 76 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
PERU POWER MARKET OUTLOOK TO 2030 - MARKET TRENDS, REGULATIONS AND
COMPETITIVE LANDSCAPE
Appendix
Maurer L et al (2011). Electricity Auctions: An Overview of Efficient Practices. Available from
http://books.google.co.in/books?id=nb-sYRgbVv0C&pg=PA48&lpg=PA48&dq= [Accessed on
July 20, 2013].
Osinergmin (2013). Information Institutional. Osinergmin. Available from:
http://www.osinerg.gob.pe/ [Accessed on July 20, 2013]
Reuters (2013). UPDATE 1-Corsan-Corviam to build $600 mln hydroelectric plant in Peru.
Reuters, March 21, 2013. Available from: http://www.reuters.com/article/2013/03/21/peru-
construction-hydroelectric-idUSL1N0CD87K20130321 [Accessed on: July 20, 2013]
The Guardian (2013). Enabling access to electricity in rural Peru. The Guardian, June 21,
2013. Available from: http://www.guardian.co.uk/sustainable-business/enabling-access-
electricity-peru. [Accessed on: July 20, 2013]
UPI (2013). Peru upbeat about boosting natural gas exports. United Press International, May
13, 2013.Available from: http://www.upi.com/Business_News/Energy-
Resources/2013/05/13/Peru-upbeat-about-boosting-natural-gas-exports/UPI-96291368473657/
[Accessed on: July 16, 2013]
World Bank (2012). The Worldwide Governance Indicators, 2012 Update. The World Bank
Group. Available from: http://info.worldbank.org/governance/wgi/pdf/wgidataset.xlsx [Accessed
on: July 20, 2013]
World Bank (2013). Doing Business–Economy Rankings. The World Bank. Available from:
http://www.doingbusiness.org/data/exploreeconomies/poland/ [Accessed on: July 20, 2013]
9.4 GlobalData’s Methodology
GlobalData’s dedicated research and analysis teams consist of experienced professionals with
backgrounds in marketing, market research and consulting in the power industry, and advanced
statistical expertise.
GlobalData adheres to the codes of practice of the Market Research Society (www.mrs.org.uk) and
the Strategic and Competitive Intelligence Professionals (www.scip.org) .
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Appendix
The following research methodology is followed for all country outlook reports.
9.4.1 Coverage
This report gives detailed information on Peru’s power market. It examines the country’s power
market structure and provides historical and forecast numbers for generation, capacity and
consumption up to 2030. The report provides insights on the market’s regulatory structure, import
and export trends, competitive landscape and leading active and upcoming power projects. The
report also provides snapshot of the country’s power sector by analyzing its power sector on broad
parameters of macroeconomics, supply security, generation infrastructure, transmission
infrastructure, degree of competition, regulatory scenario and future potential
9.4.2 Secondary research and analysis
The capacity, generation and consumption data is collected and validated using a number of
secondary resources including but not limited to:
Government agencies, ministerial websites, industry associations, the World Bank, statistical
databases
Company websites, annual reports, financial reports, broker reports and investor presentations
Industry trade journals, market reports and other literature
GlobalData’s proprietary databases like the Capacity and Generation Database, Power Plant
Database and Transmission and Distribution Database.
Further to this, the following secondary information is collected and analyzed to project the
country’s power market scenario through to 2030, analyzing factors such as the following:
The country’s macro-economic scenario
Government regulations, policies and targets
Government and private sector investments
Contract and deal announcements
Utility expansion plans
The sector’s historic track record
Peru Power Market Outlook to 2030 - Market Trends, Regulations and Competitive Landscape 78 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
PERU POWER MARKET OUTLOOK TO 2030 - MARKET TRENDS, REGULATIONS AND
COMPETITIVE LANDSCAPE
Appendix
Other qualitative insights built through secondary research and analysis of company websites,
annual reports, investor presentations, industry and trade journals, and data from industry
associations.
9.4.3 Primary Research and Analysis
Secondary research is further complemented through primary interviews with industry participants
to verify and fine-tune the market numbers obtained through secondary research and get first-hand
information on industry trends.
The participants are drawn from a diverse set of backgrounds, including equipment manufacturers,
industry associations, government bodies, utilities, distributors, and academia. The participants
include, but are not limited to, C-level executives, industry consultants, academic experts, business
development and sales managers, purchasing managers, plant managers, government officials,
and industry spokespeople.
9.5 Disclaimer
All Rights Reserved.
No part of this publication may be reproduced, stored in a retrieval system or transmitted in any
form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior
permission of the publisher, GlobalData.
This report is a licensed product and should not to be reproduced without prior permission.