1146 Phase 2: Scaling (2029–2033) Objective: Strengthen system flexibility and security; reduce backup fuel reliance. 1. Scale all generation sources with enhanced operational and contractual flexibility. 2. Expand CNG and LNG transport corridors for mining supply chains. 3. Align new capacity additions with transmission infrastructure and reserve margins. 4. Optimize contractual structures for variable renewable delivery profiles. 5. Reduce measurable reliance on emergency diesel backup. 6. Apply for sustainability-linked financing using verified emissions data. 7. Develop and operationalize complementary services markets to improve grid reliability, flexibility, and system security. Phase 3: Consolidation and Optionality (2034–2040) Objective: Optimize the energy mix; evaluate emerging technologies; lock in transition gains. 1. Optimize energy mix based on observed performance, technology costs, and policy evolution. 2. Evaluate and integrate advanced storage, green hydrogen, and alternative fuels where viable. 3. Strengthen reporting to meet evolving ESG and regulatory requirements. 4. Position Peru’s mining sector as a globally competitive low-carbon destination. 6.2 Infrastructure Gap: What Must Be Built The roadmap above is only actionable if the underlying infrastructure exists. The minimum infrastructure investment agenda required to sustain the hybrid strategy includes: – Pipeline redundancy and capacity expansion. The Camisea transport network requires investment to boost its dependability. – Gas storage facilities. Underground storage or LNG peak-shaving facilities would significantly reduce exposure to supply disruptions, seasonal demand peaks, and contingency events. – LNG transport corridors. For mining operations in southern Peru and remote locations beyond the pipeline network, LNG supply chains — including regasification infrastructure and heavy-duty vehicle refueling — are a practical near-term solution. – Transmission reinforcement. Renewable integration at scale requires parallel investment in transmission capacity. Curtailment in Chile’s high-renewable system is largely a transmission problem, not a generation problem. Peru must learn from this. – Upstream investment continuity. Maintaining Camisea’s production profile requires sustained exploration and development investment. Regulatory certainty, fiscal terms, and contractual stability all affect upstream investment decisions.
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