Page 72 - CARILEC CE Industry Journal_Oct_2019
P. 72

Assessment of the Performance


            of Solar Energy Installations


            in Curaçao






            - Ronald Lieuw-Sjong, Managing Director, Next Step Consulting LLC, Curaçao







            INTRODUCTION                                        The island now gets 30% of its energy from wind power.
                                                                Curaçao’s goal of obtaining 30% of its energy from
                                                                renewable sources in 2020 has been achieved in 2017.
            Curaçao is an autonomous member of the Kingdom of the
            Netherlands located off the coast of Venezuela. Curaçao,   Solar energy
            like many island nations is highly dependent on imported
            fossil fuels (more than 95% of the island’s electricity is   In 2011, Curacao launched a net metering program for
            generated using petroleum-based fuels), leaving it   distributed wind and solar generation systems.
            vulnerable to global oil price fluctuations  that directly   Residential systems smaller than 10 kilowatts (kW) and
            impact the cost of electricity.
                                                                commercial systems smaller than 100 kW were eligible
                                                                to participate. At the same time, large commercial
            The island has a population of 146,836 on a total area of   customers could apply for a feed-in tariff for systems up
            444 sq. km. The Gross Domestic Product (GDP) is     to 1 MW in size.
            $3.128 billion U.S. dollars (USD). The Share of GDP
            Spent on Fuel and Imports Electricity is 4.2%. The GDP   On Jan. 1, 2015, the net metering regime was replaced
            Per Capita is $15,000 USD.                          with  a  feed-in  tariff  on  all  residential and  commercial

                                                                installations. The compensation rate is roughly
            Renewable Energy in Curaçao
                                      1
                                                                $0.16/kWh for energy exported to the grid. The change
                                                                also included a fixed monthly capacity charge of roughly
            Wind energy                                         $9/kW for residential systems and $18/kW for
                                                                commercial systems, which have provoked lawsuits from
            Curaçao has a long history with wind energy. It started in   the renewable energy sector.
            with a 12-turbine, 3-MW facility at Tera Kora in 1993. In
            2000 an 18-turbine, 9-MW installation at Playa Kanoa
            was commissioned. Since Curacao features some of the
            best wind  energy resources in the  Caribbean, annual   OBJECTIVES OF THE REPORT
            capacity factors reached as high as 61% at Playa Kanoa
            in 2002.                                            In January 2019 the author initiated a study regarding the
                                                                performance of solar energy installations on the island.
            To  better utilize these excellent  wind resources, a
            renewable project developer, NuCapital, purchased both   The objective of this study is summarized below:
            sites  and  repowered  them,  replacing  the  existing
            generators with five 3-MW Vestas turbines at each site.   To estimate financial and technical KPI’s of solar energy
            The combined 30 MW between the two sites was        installations installed at households and commercial/
            formally commissioned in July 2012 and is expected to   industrial companies on the island.
            provide roughly 20% of the island’s energy generation.
            In 2017 the wind farm at Terra Kora II was inaugurated,   The period studied was the year 2018.
            it comprises of five wind turbines with an installed
            capacity of 17.25 MW.










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