The combination of Wärtsilä''s BESS and GEMS solutions, supported by the new power plant, will provide grid stability and reliability, reduce unserved energy, and help mitigate the risk of
This profile provides a snapshot of the energy landscape of Curacao, an autonomous member of the Kingdom of the Netherlands located off 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. Keywords
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The combination of Wärtsilä''s BESS and GEMS solutions, supported by the new power plant, will provide grid stability and reliability, reduce unserved energy, and help mitigate
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.
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.
Like many island nations, Curacao is highly dependent on imported fossil fuels (more than 95% of the island’s electricity is generated using petroleum-based fuels), leaving it vulnerable to global oil price fluctuations that directly impact the cost of electricity.
Curacao’s long history with wind energy has provided it with valuable experience in integrating variable energy resources into the electrical system while also demonstrating the value of avoiding petroleum-based electricity generation.
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.
*Most of Curacao’s oil imports are feedstocks for the islands large, export-focused refining operation. The net export value of petroleum products totaled 14.0% of GDP in 2012. The electric utility for Curacao is the Curacao Water and Power Company, more commonly referred to as Aqualec- tra.
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