Peru is moving forward with a new framework for planning the development of its entire energy sector just days before the change of government. The draft Supreme Decree establishes the conditions, stages, and deadlines by which the Ministry of Energy and Mines (MINEM) must project the supply, demand, investments, and risks of the national system.
The initiative comes at a crucial political moment. Keiko Fujimori will assume the presidency on July 28 , after receiving her credentials as president-elect, but she has not yet announced who will head the Ministry of Energy and Mines.
Therefore, the incoming administration could inherit a pre-established planning framework, although the document analyzed is still a draft Supreme Decree and lacks a number and promulgation date. The text stipulates that the regulation will enter into force 30 calendar days after its publication in the official gazette, El Peruano .
The main change involves integrating decisions on electricity, hydrocarbons, natural gas, renewable energy, energy efficiency, and green hydrogen under a single long-term vision. Until now, these sectors have been addressed through policies, plans, and regulations with varying scopes and timeframes.
The regulation proposes to overcome this fragmentation through a Long-Term National Integrated Energy Plan , which must contain technical and economic scenarios and projections to guide the growth of the sector and preserve security of supply.
Renewables and hydrocarbons will share the roadmap
The planning must consider various scenarios of economic, population, and technological evolution. It will also incorporate climate change, the electrification of consumption, international trade, available infrastructure, and risks that could affect supply.
The goal will be to optimize the expansion of supply based on criteria of energy security, flexibility, reliability, and efficiency. The document also establishes the need to prioritize the lowest total system cost and maximize the net economic benefit for society.
However, the initiative does not propose an immediate replacement of fossil fuels. The text expressly recognizes the coexistence and complementarity of renewable and non-renewable energy sources in Peru's energy mix.
In this framework, hydrocarbons will retain a role as a source of backup and security. The transition must be gradual, orderly, and without affecting economic competitiveness or the continuity of supply.
This definition will be especially relevant for the next cabinet. The new head of the Ministry of Energy and Mines (MINEM) will have to establish what role natural gas and hydrocarbons will play in the face of the growth of solar and wind power generation , as well as define the role of storage, transmission, and demand management.
The country has an announced portfolio of 13 solar projects totaling approximately 2,400 MW , the development of which could help diversify the energy supply. However, this capacity will require grid connection, contracts, and operational flexibility to be integrated into the electrical system.
The planning will also intersect with the implementation of Law 32249 , which introduces modifications to the electricity market and seeks to expand competition through new rules for supply contracts.
The key points of the decree
The Ministry of Energy and Mines (MINEM) may request information from all individuals or legal entities linked to the energy sector. These entities must respond within 60 calendar days, starting from the day after receiving the request.
The required data includes macroeconomic projections, energy prices, demographic variables, environmental factors, technologies, investment plans, expansion projects, and proven, probable, and possible hydrocarbon reserves.
Furthermore, consumer-intensive industries may be required to report their demand forecasts and estimates regarding the implementation of their investments. The aim is to develop scenarios using more detailed information than that available in public statistics.
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Another key component is the creation of the National Integrated Energy Planning Digital Platform (PDPEN) . This tool will bring together databases, models, programs, procedures, and guidelines used to develop projections and statistics.
The platform will allow users to formulate scenarios, calculate future demand, evaluate supply expansion, and present results through interactive reports, graphs, filters, and georeferenced maps.
The Ministry of Energy and Mines (MINEM) will have a maximum of 180 calendar days to develop and implement the platform , starting from the publication of the regulations. It will also have up to 90 days to approve the operational planning procedure by Ministerial Resolution.
A plan with a horizon of up to 30 years
The Integrated National Energy Plan will be developed every four years and will have a maximum horizon of 30 years. The Ministry of Energy and Mines (MINEM) may initiate its update before the expiration of that period when technological, economic, regulatory, or demand changes arise that justify an early review.
Specific plans—including those related to renewables, green hydrogen, efficiency, natural gas, and liquid hydrocarbons—will also be developed every four years, although they may be subject to revisions at shorter intervals.
In turn, the update and monitoring reports will be prepared annually , while the National Energy Balance will have a periodicity of one year and the Useful Energy Balance will be updated every six years or when it is necessary to evaluate technological transformations and consumption policies.
The roadmap that the next government will receive
The political timing of the decree gives it an additional dimension. The outgoing administration seeks to formalize a mechanism that transcends different presidential terms and reduces dependence on short-term decisions.
Fujimori will inherit a sector with renewable energy projects under development, incomplete electricity reforms, and pending debates on transmission, competition, natural gas, energy security, and green hydrogen. The identity of the next minister will be crucial in determining the weight of each technology.
This agenda is complemented by the implementation of Law 32249 , published in January 2025 to modernize the electricity market and facilitate greater competition among technologies. However, its application remains contingent on delays in the necessary regulatory instruments to translate the reform into the effective operation of the system.
Although the Executive Branch has made progress on one of the regulatory developments, three final regulations are still pending . These include the one concerning complementary services, a draft of which has already been submitted, as well as two other instruments required to complete the implementation of the law.
This delay keeps central aspects for the incorporation of solar and wind generation in uncertainty, such as the contracting of flexibility, reserves, frequency regulation and other services essential to operate a matrix with a growing share of variable resources.
According to industry stakeholders previously consulted by Energía Estratégica , there is an estimated $12 billion renewable energy portfolio awaiting clearer regulatory signals . The sector is also closely watching the possibility of new supply tenders being launched in 2026, although their implementation will depend on regulations, process design, and the decisions made by the incoming administration.
During the election campaign, Fujimori advocated for a policy favoring private investment, legal certainty, and the use of energy resources to expand coverage and sustain economic growth. However, specific proposals to accelerate renewable energy development received limited attention compared to other issues on the political agenda.
This lack of a central role generated questions within the industry. Renewable energy leaders warned that Peruvian policy continues to address the energy transition “with its back turned” to the available investment potential , despite the volume of projects in the pipeline and the need to diversify an energy mix exposed to hydrological risks, infrastructure constraints, and increased energy security demands.
Fujimori's administration will have to coordinate two levels that are currently progressing at different speeds: an integrated energy plan with a horizon of up to 30 years and an immediate electricity reform that is still awaiting final regulations.