On 13 March 2024, Ministerial Resolution No. 104-2024-MINEM/DM (“Resolution”) was published. It approves the administrative measures that are subject to the prior consultation process in the electricity subsector. This Resolution annuls the regulations contained in Ministerial Resolution No. 209-2015-MEM/DM, only with respect to the electricity subsector.
On 24 March 2024, Law No. 31992, Law for the Promotion of Green Hydrogen (“Law”) came into force.
The Law promotes the use of green hydrogen, produced with low greenhouse gas emission technologies, as a fuel and energy vector. It declares these activities to be of national interest. Regulations for the Law’s application will be published within 180 days from its entry into force.
On 11 February, Ministerial Resolution No. 047-2023-MINEM/DM, which pre-publishes the “Draft Supreme Decree that establishes complementary provisions for the Detailed Environmental Plan regulated in the Regulation for Environmental Protection in Electrical Activities, approved by Supreme Decree No. 014-2019-EM” was published.
Explore our key resources and stay abreast of market developments and trends in the corporate PPA space.
On 19 May 2021, Supreme Decree No. 012-2021-EM was enacted, which approves the Regulation to Optimize the Use of Natural Gas and creates the Natural Gas Manager (“Regulation”) and modifies the Regulation of the Secondary Market of Natural Gas approved by Supreme Decree No. 046-2019-EM.
Explore our key resources and stay abreast of market developments and trends in the corporate power purchase agreement space.
As corporates continue to be challenged, to develop and deliver on sustainability goals, and seek to hedge electricity prices in an extraordinarily volatile market, global corporate PPA volumes continue to soar despite the economic fallout caused by COVID-19. With the global market for corporate PPAs rapidly evolving and becoming more…
The Latin America energy, mining and infrastructure industry is transitioning to a new normal. The evolving market conditions drive the need for new regulations and business strategies to be addressed by governments and multinational and local companies in the sector. We invite you to listen to our Latin America Energy,…
The Latin America energy, mining and infrastructure industry is transitioning to a new normal. The evolving market conditions drive the need for new regulations and business strategies to be addressed by governments and multinational and local companies in the sector. We invite you to listen to our Latin America Energy,…