Smart Grid Market Growth Opportunity in Peru Connect With Us: Published By: Goldstein Research
Smart Grid Opportunities in Peru 1. Installed Capacity Electricity Distribution of Electricity Generation Thermal & Hydroelectric Sources, 2016-2024 2016
XX%
2024
Total Capacity Generated by Thermal & Hydroelectric Sources, 2016-2024
80% 85%
2016
2024
Distribution of Peru’s Electricity Installed Capacity, 2016-2024
70%
XX%
60%
2016
2024
XX% XX%
30%
40%
20% 15% Hydroelectric Plants
Thermal Sources
Source: Goldstein Research
Source: Goldstein Research
Distribution of Investment on Electricity Sector , 2016
20.2 5% 54.4 25.3 3% 2% Generating Companies
Distributing Companies
Rural Electrification Work
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Electricity Market
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Self-Consumption
National Grid
Local System
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Electricity generation is not evenly divided between hydroelectric plants and conventional thermal plants. Thermal energy is utilized in operation during peak load periods or when hydroelectric output is curtailed by weather events. This “underuse” of the country’s thermal capacity is due to the high variable costs of thermal generation To reduce the country‘s reliance upon hydroelectricity, the Peruvian government has encouraged greater investment in gas-fired power plants Electricity generation increased at a rate of XX% during 2015 owing to existing positive conditions for thermal generation through the use of natural gas in new plants and also to an increase in hydroelectric generation due to the availability of hydrological resources in the existing hydroelectric facilities www.goldsteinresearch.com
Smart Grid Opportunities in Peru 3. Distribution of Electricity Commercialization of Electricity by Distribution and Generation Companies, 2016-2024
63%
70%
2016
71%70%
2024
37%
Distribution Companies
Electricity Distribution Private Vs Public Companies, 2016-2024
30%
Generation Companies
Private Companies
21%
5%
4%
4%
4%
0% Edelnor
Enersur
Edegel
ElectroperuHindrandina TermoselvaElectroandes
Source: Goldstein Research Copyright
2024
50% 45%
Existing Clients
Private Utilities
Source: Goldstein Research
8%
5% Luz del Sur
2016
Public distribution companies are responsible for supply of XX% electricity to the existing client while XX% to the private ones.
15% 9%
55% 50%
In 2016, 22 distribution companies commercialized XX% of the total electricity while XX% is commercialized by generation companies
20%
10%
Public Companies
Source: Goldstein Research
Companies Share (%) of Electricity Distribution, 2009
21%
2024
29%30%
Source: Goldstein Research
25%
2016
Public Distribution Company Supply Rate (%), 2016-2024
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Private companies dominate the public companies in electricity distribution. Major companies for sale are: Luz del Sur (21%), Edelnor (21%), Enersur (9%), Edegel (8%), Electroperú (5%), Hidrandina (4%), Termoselva (4%) and Electroandes (4%) www.goldsteinresearch.com
Smart Grid Opportunities in Peru 4. Energy Demand Consumption Share (%) of Economic Sectors, 20162024
67% 66%
2016
2024
Energy Demand (MW) of Major Projects, 2009
Cañariaco, La Granja, Michiquillay
120
124
Galeno
24% 22% 19% 22% 3%4% Industrial
Residential
Commercial
Mining Industry Electricity Generation Share (%) , 2016
Thermal Power Plant
140
Rio Blanco copper project
Public Lighting
Source: Goldstein Research
27.00 %
150
Expansion of Antamina,
73.00 % Hydroelectric Power Plant
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0
Source: Goldstein Research
20
40
60
80
100
120
140
160
Mining and oil and gas are energy-hungry sectors and have many sites in remote areas, which will possibly require their own source of power generation Peru is attracting huge levels of FDI in the extractive industries (mining in particular) with estimated investments of almost USD 50 billion expected over the next 6 years There are opportunities in energy generation, with over USD 1.1 billion being invested in 2009 in various generation, distribution and transmission projects Large infrastructure projects for airports, ports and land transportation will create a larger energy demand in the near future too www.goldsteinresearch.com
Opportunities & Recent Activities in Latin America IEEE PES Innovative Smart Grid Technologies Latin America
Primary aim of the smart airports is to make systems interconnected, intelligent and effortless access of passengers. Globally, two thirds of airports are planning major developments in passenger effortless selfservice solutions to provide better services.
Recent Activities
RENION Biogas GmbH & Co. KG acquired 5 MW biogas feed-in project from Schmack Biogas AG at a price of USD 13.5 million and aiming to reduce the transportation distance of raw materials for Smart Airport Solutionss
m a S
Latin America Internet of Things Ecosystem and Trends CIS: Smart Grid
Emergence of Internet of things (IoT) provides innovative connectivity platforms for smart devices and systems covering variety of applications. IoT applications start from small objects to manufacturing units and growing to areas such as smart cities.
Innovative Approaches
Applications of IoT are also expanding in all aspects of transportation systems (passengers, vehicles and infrastructure). Growing air traffic and volume of passengers led the airport management to adapt advanced and connectivity solutions to become more proactive minimize Copyright Goldstein Research, All Rights Reserved
e l p
In 2010, Sweden has invested USD 18.8 million to construct world's first smart for Liquefied Biogas
Rhodia acquired Econcern Group’s participation in six pilot biogas production projects located in China and Vietnam . Rhodia aims to gain huge profit through its first business development investment in biogas technology
Walmart has installed biogas systems at two stores in southern California . Each with capacity of 400kW, which can generate approximately 3.4 million kWh power annually
The Anheuser-Busch brewery is targetting to use ladfill biogas as an alternative fuel source in Houston, U.S. Over 55 % of the Anheuser-Busch passenger ‘s fuel demand will be completed by biogas
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