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.

Why does Curacao use wind energy?

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.

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.

Can I get a solar loan in Curacao?

As you can see the more electricity usage you have, the faster you will earn back your one time investment. Many banks already offer so-called "green loans", financing the purchase of your solar system on Curacao for a monthly installment that may be even lower than the monthly price you pay for electricity now.

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.

Does Curacao need electricity?

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.