How much does energy cost in Curacao?

Energy Snapshot Curacao This profile provides a snapshot of the energy landscape of Curacao, an autonomous member of the Kingdom of the Netherlands located of the coast of Venezuela. Curacao’s utility rates are approximately $0.26 per kilowatt-hour (kWh), below the Caribbean regional average of $0.33/kWh.

How Aqualectra is promoting green energy in Curacao?

Aqualectra is promoting the use of green energy in Curacao by already supporting schools to install solar panels on their roofs. Currently, 23 percent of Aqualectra’s power supply is green, and the company aims for a total of 50 percent by 2020.

How will a battery energy storage system benefit Curaçao?

The implementation of a Battery Energy Storage System will allow Curaçao to collect energy from renewable sources such as wind and solar energy and store it using advanced battery storage technologies. This stored energy can be released to mitigate the intermittency of wind power and ensure grid stability.

Why does Curacao face energy security issues?

Curacao faces energy security issues not only due to its reliance on imported fuels but also because of the age of its generation infrastructure. Thirty megawatts (MW) of Aqualectra’s generation portfolio is beyond its expected service life and the surplus power from the RdK refinery is subject to frequent outages.

What is Curacao's energy policy?

In 2009, Curacao developed an energy policy document, which sets out general guidance and governing principles for further study of energy issues.4 It suggests the goal of reducing energy consumption by 40% by 2020 and encour- ages the investigation of combining wind power with storage to provide 100% of the island’s energy needs.

Does Curaçao need electricity?

With modern-day automation and technology developing at record speed, the global demand for electricity grows at an incredible rate. It appears the world has an insatiable appetite for energy – and Curaçao is no exception.