Energy transition in Peru: Hunt Oil proposes private sector participation | Hydrocarbons | renewable energies | ECONOMY

Energy transition in Peru: Hunt Oil proposes private sector participation | Hydrocarbons | renewable energies | ECONOMY
Energy transition in Peru: Hunt Oil proposes private sector participation | Hydrocarbons | renewable energies | ECONOMY

According to María Julia Aybar, Country Manager of Hunt Oil Company, Peru has a fairly clean energy matrix, since it uses a lot of energy from a water source; However, there is still work to be done regarding the transition to renewable energy and it must be based on the reality of our country.

“The most important challenge for our energy sector is short, medium and long-term planning, where we can see how we are going to develop this energy matrix within the transition process”he stated in the Mining Dialogues program, of the Institute of Mining Engineers of Peru (IIMP).

In line with this, Aybar indicated that, although new renewable energy technologies are being incorporated in the country, this must be done in a planned manner and without neglecting all the resources necessary for its sustainability.

María Julia Aybar, Country Manager of Hunt Oil Company.

READ ALSO: The new engineering that seeks to diversify the energy matrix in Peru

The energy trilemma

María Julia Aybar explained that these resources have been identified as the energy trilemma, as she explained: security, that we have constant energy; environmental sustainability, which allows us to continue moving towards the goal of zero carbon emissions; and that it is energy at affordable costs for the population.

He also added as a key factor for the success of the energy transition In our country, joint work between the public and private sectors.

“The public sector is the one that designs our policies, our planning strategies, but it is important that it has the participation of the private sector, especially with those who interact in the value chains, because it is the private sector that can contribute with information so that this planning is much more limited, more realistic and more adjusted to our country”, he explained.

And, without a doubt, he stressed that private investments must be promoted, especially in the mining sector, which provides a valuable source of resources to contribute to the advancement of technologies that allow us to satisfy future energy demand with renewable alternatives.

“I would say that it is very important to give the message, within this planning process, of what is going to be needed in the future (…) We have to show that we are a competitive country, a country that gives guarantees to attract these million-dollar investments that are necessary to obtain value from natural resources, both hydrocarbons and natural gas, as well as mining. “That is a key piece, in which the public sector has a very important role”, he emphasized.

READ ALSO: Green hydrogen and nuclear energy in Peru: this is what Congress proposes to promote them

 
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