In Suriname, electric power is supplied to the Paramaribo area primarily by hydroelectric power (a 180 MW power plant that supplies around 75% of the energy) and diesel generators (66 MW of diesel generation). The electrification level in Suriname is estimated at 85%, with 79% of the population connected to the EBS system.
As established in the Policy Development Plan 2017-2021, one of the main objectives of the Government of Suriname (GoS) is to provide clean and reliable electricity to all the villages located in the interior of the country (Hinterland).
Suriname's total installed electricity capacity (2010) was 355 MW. Currently, the country has a refinery with a capacity of approximately 7,500 barrels per day and imports oil from Trinidad and Tobago. Suriname is nearing self-sufficiency in the production of oil and could potentially join Trinidad and Tobago as a net exporter of energy.
The Electricity System Upgrade and Expansion Project in Suriname is an initiative by the Caribbean Development Bank (CDB) and the government of Suriname. Its objective is to deliver a more reliable, efficient and sustainable electricity supply in Suriname.
The IDB supports the elaboration of a wind atlas for the coastal area, which will assess the feasibility of using wind energy in Suriname. The new operation will finance two solar mini grids interconnected to the distribution network in Brownsweg (500 kW) and in Alliance (200 kW), including an energy storage system.
The new operation will finance the extension of the line to the south of Powakka, connecting to the grid several villages around Koina Kondre. The IDB also financed the first solar mini grid in Suriname to provide 24/7 electricity to the isolated villages of Pokigron and Atjoni.
Suriname to increase the electricity coverage in rural areas with …
With the loan, Suriname will also install solar plants with battery energy storage in the towns of Brownsweg and Alliance and solar mini grids in the area of the Upper Suriname river to bring electricity 24/7 to villages located in that region. These activities will contribute to an increase of the use of renewable energy in the country. At the ...
Electricity Act, 2016
Suriname | Legislative | The Electricity Act of 2016 aims at updating Suriname power market''s regulations to improve the technical and financial situation of the sector, and allow for privatisations and enhancing the regulatory framework through the creation of the Energy Authority of Suriname and the publication of an Electricity Sector Plan every five years. The …
Wärtsilä to optimise and decarbonise gold mine power …
The technology group Wärtsilä will supply a 7.8-megawatt (MW) / 7.8-megawatt hour (MWh) energy storage system to a leading gold mining company to help achieve its climate targets and decarbonisation goals at a …
Consolidating a Sustainable Energy Sector in Suriname
Suriname is advancing toward a more sustainable energy sector, aiming to provide affordable, secure, and clean electricity to its citizens. The Inter-American …
Equinor exits Suriname, with ExxonMobil also leaving block
PARAMARIBO, August 7, 2024 – Equinor has exited Suriname as it and ExxonMobil transferred their 33.3% stakes in Block 59 to Hess, Reuters reported on Wednesday. The deals left Hess as 100% stakeholder in the block, where the US company – which is in the process of a merger with Chevron – plans new exploration this year.. Block 59 covers close to 11,500 square kilometres …
ETI Energy Snapshot
Suriname U.S. Department of Energy Energy Snapshot Population Size 575,991 Total Area Size 163,820 Sq. Kilometers Total GDP $3.6 Billion Gross National Income (GNI) per Capita $5,210 Share of GDP Spent on Imports 44% Fuel Imports 4% Urban Population Percentage 66% Population and Economy Installed Capacity 503.4 MW RE Installed Capacity Share 36% Peak …
The Republic of Suriname: Wärtsilä to optimise and …
The technology group Wärtsilä will supply a 7.8-megawatt (MW) / 7.8-megawatt hour (MWh) energy storage system to a leading gold mining company to help achieve its climate targets and decarbonisation goals at a …
Latest news on Suriname s energy storage policy planning
Latest news on Suriname s energy storage policy planning. The comprehensive regulations "open up the possibility of using energy storage facilities in various areas of the power system," Barbara Adamska, president of the Polish Energy Storage Association …
Preparation of an Integrated Waste Management Plan (IWMP) for Suriname
Final Report IWMP - Suriname 14 October 2022 1 . Ministerie van Ruimtelijke Ordening & Milieu (ROM) Directoraat Milieu . Preparation of an Integrated Waste Management Plan (IWMP) for Suriname . Final Report . Project number: DM1040/2021. File: IS-399 . Date: 14 October 2022 . ISO 9001:2015 certified
Powerchina Completes Second Phase of Suriname …
Powerchina has announced the successful delivery of the second phase of the Suriname Village photovoltaic microgrid project. This innovative project combines off-grid solar hybrid energy, energy storage, and diesel …
Suriname starts building hybrid solar microgrids to power 25 villages
PowerChina is building three hybrid solar microgrids in Suriname, combining solar panels, energy storage, and diesel backup to power 25 remote villages across the country.
Consolidating a Sustainable Energy Sector in Suriname
Suriname is advancing toward a more sustainable energy sector, aiming to provide affordable, secure, and clean electricity to its citizens. The Inter-American Development Bank (IDB) has been a key partner, providing technical and financial support to implement some of the country''s most relevant and iconic projects.
Latest news on Suriname s energy storage policy planning
Latest news on Suriname s energy storage policy planning. The comprehensive regulations "open up the possibility of using energy storage facilities in various areas of the power system," …
Wärtsilä to provide Suriname''s first utility-scale energy …
Wärtsilä will provide a 7.8MW/7.8MWh energy storage system to help decarbonise energy at the mine. The project is the first utility-scale energy storage plant to be built in Suriname and Wärtsilä''s first in the Latin American …
Suriname PV Microgrid Provides Power to Remote Villages
POWERCHINA''s Suriname Village PV Microgrid Project provides continuous power to 34 remote villages with a total generation capacity of 5,314 MWh. This project, featuring solar power and energy storage, enhances living standards and promotes economic development in Suriname''s forest regions, demonstrating the impact of green energy technologies ...
Suriname starts building hybrid solar microgrids to power 25 …
PowerChina is building three hybrid solar microgrids in Suriname, combining solar panels, energy storage, and diesel backup to power 25 remote villages across the country.
NAMA SURINAME Off-grid Renewable Energy Solutions in Rural Suriname
renewable energy provision for the interior of Suriname. The NAMA''s main goal, ''electrification of the interior'', provides support to the United Nations sustainable development priorities regarding ''Renewable Energy'' as well as ''Climate Change and Sea Level Rise'' and Suriname''s commitments as a signatory to the Sustainable Energy
Canada''s budget includes energy storage tax credit in wave of …
A 15% refundable tax credit for investments into clean electricity generation and energy storage by non-taxable entities – like indigenous communities and municipally-owned utilities – was announced as well.
Powerchina Completes Second Phase of Suriname Village …
Powerchina has announced the successful delivery of the second phase of the Suriname Village photovoltaic microgrid project. This innovative project combines off-grid solar hybrid energy, energy storage, and diesel generation to provide sustainable power solutions.
Suriname PV Microgrid Provides Power to Remote …
POWERCHINA''s Suriname Village PV Microgrid Project provides continuous power to 34 remote villages with a total generation capacity of 5,314 MWh. This project, featuring solar power and energy storage, …
Australia''s NEM to add 150GW of solar PV, wind and energy storage …
Wind energy, which is still a fairly nascent technology in Australia, is expected to reach 39GW, whereas energy storage will reach 40GW. For energy storage, AEMO''s recent report indicated that ...
Suriname to increase the electricity coverage in rural areas with …
With the loan, Suriname will also install solar plants with battery energy storage in the towns of Brownsweg and Alliance and solar mini grids in the area of the Upper Suriname river to bring …
NextEra Energy targets 81GW of renewables and energy storage …
NextEra''s Q3 figures reveal the company added nearly 3GW of new renewables to its backlog during the third quarter of 2024, according to John Ketchum, chairman, president and CEO at NextEra Energy.
Canada introduces 30% refundable investment tax …
The government proposes to introduce a refundable tax credit equivalent to 30% of the cost of capital investment into electricity generation systems, stationary electricity storage systems, low-carbon heat equipment …
The Republic of Suriname: Wärtsilä to optimise and decarbonise …
The technology group Wärtsilä will supply a 7.8-megawatt (MW) / 7.8-megawatt hour (MWh) energy storage system to a leading gold mining company to help achieve its climate targets and decarbonisation goals at a mine in Suriname. This is the first utility-scale energy storage system to be built in Suriname and Wärtsilä''s first energy ...
Wärtsilä to optimise and decarbonise gold mine power station in ...
The technology group Wärtsilä will supply a 7.8-megawatt (MW) / 7.8-megawatt hour (MWh) energy storage system to a leading gold mining company to help achieve its climate targets and decarbonisation goals at a mine in Suriname. This is the first utility-scale energy storage system to be built in Suriname and Wärtsilä''s first energy ...
EU clean energy plans ''fall short when it comes to energy storage''
A new analysis of draft NECP submissions from the 27 Member States examines how energy storage is treated in the plans across three key areas identified by the coalition: assessment of price flexibility in energy markets, publication of a comprehensive strategy on energy storage and the removal of double charging of grid fees for transmission …
Wärtsilä to provide Suriname''s first utility-scale energy storage …
Wärtsilä will provide a 7.8MW/7.8MWh energy storage system to help decarbonise energy at the mine. The project is the first utility-scale energy storage plant to be built in Suriname and Wärtsilä''s first in the Latin American country.
NAMA SURINAME Off-grid Renewable Energy Solutions in Rural …
renewable energy provision for the interior of Suriname. The NAMA''s main goal, ''electrification of the interior'', provides support to the United Nations sustainable development priorities …
2019 ENERGY REPORT CARD SURINAME
2019 ENERGY REPORT CARD SURINAME 4 ENERGY SECTOR SUMMARY Key Data and Information - Energy Sector Population 590,100 [1] GDP (USD) Per Capita 6,359.80 [2] Debt as % of GDP 86.60% [3] Human Development Index (2018) 0.724 [4] National Development Plan/Overall Country Development Strategy 2017-2021 Policy Development Plan [5]] National …