Combine the wine and sugar in a saucepan. Bring to a boil, then reduce to a simmer until the alcohol has burned off (3-5 minutes).
2
Slightly score the skin of the peaches and place them in the wine. Depending on the shape of your pan the peaches may not be completely covered by the liquid. This is okay, simply cook on one side then turn over.
3
Cook peaches for approximately 7 minutes or until the skinpeels away easily without a knife.