Key Market Indicators
Peruvian renewable energy generation is projected to escalate significantly over the next five years. By 2028, the nation's output is expected to hit approximately 5.7 terawatt-hours, up from around 4.2 terawatt-hours in 2023. This marks an annual growth rate of nearly 5%. The historical trend underscores Peru's commitment to expanding its renewable energy sector. Since 1976, the country's supply has seen a robust average annual increase of 9.4%. The steady rise in renewable generation underscores Peru's ongoing efforts to diversify its energy portfolio and reduce reliance on fossil fuels.