Peru has changed its power-transmission rules to clear stalled projects and reassure investors, part of a push to modernise a grid straining to meet demand.
Energy
Key Facts
—The change. Peru electricity rules were rewritten by decree in late June to speed grid investment and clear dead projects.
—The power. The energy ministry can now strike individual projects, not just whole packages, from the national transmission plan.
—The investor hook. A new mechanism updates the tariff base of grid reinforcements to protect their value against international inflation.
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