Peru’s energy demand is set to rise by an average of 8.6 per cent over the next four years, according to the latest estimates from the country’s Ministry of Energy and Mines (MEM).

According to MEM, the balance between supply and demand will reach a peak in 2014 at 10 per cent, followed by 20015 (9.7 per cent) and 2016 (9.5 per cent).

It also forecasts that by 2016 consumer demand in the South American country will hit 7481 MW.

However, this will be covered by an additional 4400 MW of generation capacity, primarily hydro (1880 MW), which is due to come online over the next four years.

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