Energy investments are blooming everywhere, and recently, the Department of Energy of Peru has decided to produce an energy investment of 5 billion U.S. dollars in 2011. The Ministry of Energy and Mines of Peru reported that the assigned clean energy investments is 10 percent more than the investment in energy than the previous year. Daniel Camac, Deputy Energy Minister of Peru said that the Ministry of Energy has decided to make the investment in energy around 2.5 billion dollars to sectors of oil and energy separately. Daniel Camac also mentioned that investment in the energy sector could experience a huge increase in the coming years.
Minister of Energy said that in Peru there are more than 26 renewable energy projects under construction and the application will take place throughout 2011 and 2012. Current investments and new investment plans in Peru will increase the reserve margin to 15 percent in 2016 and would increase energy investing production, which would be used to meet future energy needs.
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