Peru Power Q2 2020
Our conservatively optimistic outlook on Peru's power sector growth prospects remain firmly in place this quarter, withrapid growth in electricity demand driving the need to continually invest in new power generating capacity over our forecast periodto 2029. Investment opportunities will be concentrated mostly on the development of new hydropower and non-hydropower renewables projects, as well as the expansion and improvement of the country's power grid infrastructure to ensurepower security amid rising electricity shortfalls over the medium to long term. However, recurring project delays, growing oppositionto large-scale hydroelectric projects, and challenges in financing new development financing prompt more caution in our forecasts.
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