Cape verde energy storage system prices

When will Cape Verde's energy storage centre be operational?

During the presentation of the project, Cape Verde's National Director for Industry, Trade and Energy, Rito Évora, announced that the energy storage centre is scheduled to be operational by 2030, with the aim of injecting 7% of renewable energy into the national public grid and 18% into that of the island of Santiago.

How can Cape Verde meet its goal of 50% renewables?

Cape Verde can meet its goal of 50% renewables today by integrating energy storage. A 100% Renewable System is achieved from 2026, with a 20 year cost from 68 to 107 M€. Current paradigm doubles emissions in 20 years and costs ranges from 71 to 107 M€. The optimal configuration achieves 90% renewable shares with a cost from 50 to 75 M€.

How much electricity does Cape Verde use?

Almost all of the islands’ 550,000 residents have access to electricity, but about one-third still rely on firewood and charcoal for cooking. Cape Verde’s per capita electricity consumption of 727 kWh per person per year is substantially higher than the sub-Saharan Africa average of 488 kWh per person per year.

Does Cape Verde have solar power?

Like many African countries, Cape Verde’s tropical location has good potential for solar photovoltaic (PV) electricity. One study suggests that the solar PV capacity potential is more than double the currently installed electrical generating capacity. Most of the potential development is on the densely populated island of Santiago.

Are Cape Verde communities using a solar and wind-based micro-grid?

At least three communities in Cape Verde are already using a solar and wind-based micro-grid. A microgrid is a local electricity grid. It includes electricity generation, distribution to customers, and, in some cases, energy storage.

Can Cape Verde use ocean thermal energy?

Cape Verde could also take advantage of an emerging technology called ocean thermal energy conversion. This uses the difference between warm surface water and cold, deep ocean water to produce electricity. It works best in equatorial latitudes where there is a large difference in temperature between surface water and deep water.