Palau s Renewable Energy Leap Key Insights into Wind Solar
As island nations grapple with climate change, Palau has emerged as a pioneer in adopting wind and solar energy storage solutions. The recent launch of its hybrid power station bidding
The NEP set targets to reduce national energy consumption 30% by 2020 and produce a minimum of 20% of total energy from renewable sources by 2020.5 Palau initiated energy eficiency efforts to reduce governmen-tal energy use through its Energy Conservation Strategy in 2007.
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%).
Source: PPUC and PEA data (n.d.). Together with a large amount of diesel generation, Palau also has some installed solar PV capacity. Indeed, the country's current renewable energy capacity includes a total of 2.5 MW of utility-scale solar PV systems (see Table 3).
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.
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