How much does energy cost in Bonaire?

This profile provides a snapshot of the energy landscape of Bonaire, a special municipality of the Kingdom of the Netherlands located of the coast of Venezuela. Bonaire’s utility rates are approximately $0.35 per kilowatt-hour (kWh), above the Caribbean regional average of $0.33/kWh.

Does Bonaire have solar?

Caribbean island Bonaire is adding a 6 megawatt energy storage system to help balance its solar and wind assets with backup diesel generators, opening up the potential for greater renewable penetration. Additional solar will expand on the 2015 pilot project that included close to 800 solar panels.

Does Bonaire have a regulated electricity sector?

In recent years, the Ministry of Eco-nomic Affairs in the Netherlands has been active in reforming the regulation of the electricity sector in Bonaire, both in terms of utility regulation and expanding generator access.13

Does Bonaire have a utility company?

The utility company for Bonaire is Water-En Energiebedrijf Bonaire N.V. (WEB), which supplies both water and electric-ity to the island. WEB is a government-owned entity and is strictly a distribution utility, owning no generation of its own.

Does Bonaire have a wind turbine?

The wind generators added afterwards helped drive the cost of electricity in Bonaire down from $0.50 per kilowatt-hour to $0.22 per kWh, according to the World Bank. The island’s 12 wind turbines now can supply up to 90% of the island’s electricity at peak load, which corresponds to about 40% of its annual electricity demand.

Is Bonaire a 100% renewable Island?

Bonaire set a goal of 100% renewables in 2004 after a fire destroyed the main diesel generator on the island in 2004. The wind generators added afterwards helped drive the cost of electricity in Bonaire down from $0.50 per kilowatt-hour to $0.22 per kWh, according to the World Bank.