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0.123764360138926 0.123764360138926 0.123764360138926 0.123764360138926 0.0987176061982367 0.102057173390329 0.112075874966604 0.0937082554100989
Stock impact report

Curacao's Microgrid Shows How Small Island Nations Can Decarbonize [Forbes]

WARTSILA CORP UNSP/ADR (WRTBY) 
NASDAQ:AMEX Investor Relations: wartsila.com/investors/investor-relations
Company Research Source: Forbes
For countries like Curacao, the stakes are high: from 1970 to 2020, small island developing states (SIDS) lost $153 billion due to weather extremes, a figure that dwarfs their average GDP of $13.7 billion. The event underscores a growing imperative—these nations must decarbonize while ensuring reliable power to withstand climate shocks. The solution may come in the form of a flexible microgrid model deployed in Curacao, which combines renewable energy with battery storage and engine-based power plants. The approach, led by Wärtsilä Energy, could serve as a blueprint for SIDS and other vulnerable regions worldwide. “Island nations are extremely sensitive to climate change and rising sea levels, and they cannot wait for new technologies,” Anders Lindberg, president of Wärtsilä Energy, told me. “The primary goal is to maximize the use of renewable energy sources and minimize the use of fossil fuels. Having a fraction of demand on diesel is far more efficient than trying to run the sy Show less Read more
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