Electricity in Curaçao in 2018

As of 2018, the electricity consumption in Curaçao is heavily reliant on fossil fuels, with more than two-thirds (71%) of its electricity generated from oil. On the brighter side, Curaçao is making strides towards low-carbon technologies, generating almost a third (29%) of its electricity from clean sources. Within this cohort, wind energy contributes the vast majority, with more than a quarter (27%) of the electricity, while solar energy makes up a small portion, accounting for just over 2%. This current landscape highlights a substantial dependency on fossil fuels, which is concerning given the associated environmental impacts like climate change and air pollution. However, the presence of significant wind power suggests a strong starting point for reducing reliance on oil and enhancing sustainable electricity generation.

Suggestions

To further increase low-carbon electricity generation, Curaçao could expand its successful wind energy infrastructure while also considering advancements in solar power. Lessons can be drawn from countries like Denmark, where wind energy contributes to almost 60% of their electricity mix. While nuclear energy could pose a transformative solution, the focus on wind and solar aligns with Curaçao’s existing progress in these technologies and its geographic characteristics. Studying successful countries with significant solar examples, such as Cyprus and Greece, where solar energy accounts for around 20% of electricity, could also guide strategic investments and regulations that support solar power expansion in the island nation's context, serving the dual purpose of increasing clean energy use and reducing environmental impacts.

History

The history of low-carbon electricity in Curaçao reveals a slow but positive evolution. Throughout most of the 1990s, there was no significant change in wind energy generation. However, a notable increase occurred in the early 2000s, with the first indicator of growth in 2001 when wind power saw an incremental rise of 0.1 TWh. Another leap took place in 2013, as wind energy increased by another 0.1 TWh. Solar energy's contribution has remained stagnant for the most part, with the potential finally starting to be recognized around the same time. By 2018, another modest increase in wind generation was recorded, testament to the gradual yet steady growth in low-carbon electricity sources on the island. This progression underscores the importance and potential of expanding these green energy sources to diversify Curaçao’s electricity mix further and move towards a low-carbon future.

Electricity Imports and Exports

Balance of Trade

Data Sources