Palau energy storage equipment subsidies

Does Palau have a renewable power system?

The results of the optimisation show that Palau’s current power system is dominated by diesel generation, with renewable energy only taking a small share (just 4%). With more deployment, however, the share taken by renewables could potentially increase to more than 92%. This corresponds to the lowest average system LCOE.

What is the optimal power system for Palau?

The optimal system includes the current power system together with additional renewable capacity coupled with battery storage. The results of the optimisation show that Palau’s current power system is dominated by diesel generation, with renewable energy only taking a small share (just 4%).

Does Palau have a battery storage system?

As there is no battery storage system currently present in Palau, the panels can only generate throughout the day when the sun is available, and no electricity can be stored for later use. Furthermore, the figure also confirms that Palau’s current power system is widely dominated by fossil fuel generation.

Does Palau have a solar project?

Palau has also launched a 178-kW solar and hybrid battery project, a 1 MW rooftop island project and will be launching a license for a 13 MW solar independent power producer (IPP) in 2021.24 15. However, certain PV solar system projects have been problematic and have been difficult to maintain.

How much does Palau's current power system cost?

With regard to the economic results of the optimisation, the LCOE for Palau’s current power system was estimated to be USD 0.23/kWh. The current power system has a net present cost of USD 294 million (mostly fuel) and an operating cost of approximately USD 20.7 million/year. Figure 7 shows the average daily dispatch for the current power system.

How much electricity does Palau need?

The load had a scaled annual average of 26 250 kWh/day, with a storage capacity of 94 500 kWh and peak load of 8 325 kW. The EV load increased Palau’s total demand even further, from 120 GWh/year in the previous scenario to 127 GWh/year. Moreover, this scenario showed excess electricity generation of 40 GWh/year.