IBOV 185,231.44 ▲ 0.76% IPSA 11,061.81 ▲ 0.05% IPC MEX 65,110.57 ▲ 0.26% MERVAL 2,785,510 ▲ 0.11% COLCAP 2,549.57 ▼ 0.37% BVL PERÚ 60,410.88 ▲ 0.33% USD/BRL5.17▼ 0.70% USD/MXN18.08▲ 0.16% USD/CLP972.00▼ 0.10% USD/COP3,324▼ 1.33% USD/PEN3.43▼ 0.32% USD/ARS1,525▼ 0.03% USD/UYU40.24▲ 3.55% USD/PYG5,817▲ 2.25% USD/BOB11.97▲ 0.66% USD/DOP59.27▲ 0.12% USD/CRC454.26▲ 3.19% USD/GTQ7.64▲ 3.18% USD/HNL26.86▲ 0.43% USD/NIO36.62▲ 0.34% USD/VES856.92▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 2.14% EUR/BRL5.86▼ 1.21% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,231.44 ▲ 0.76% IPSA 11,061.81 ▲ 0.05% IPC MEX 65,110.57 ▲ 0.26% MERVAL 2,785,510 ▲ 0.11% COLCAP 2,549.57 ▼ 0.37% BVL PERÚ 60,410.88 ▲ 0.33% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Wednesday, September 30, 2026

Caribbean Latin America

Virtual Power Plant for Curaçao: Firm Asks Parliament for a 120-Day Taskforce

By · September 30, 2026 · 4 min read

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Colombia decides rates today, near its own debt ceiling”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

ENERGY · CURAÇAO

Key Facts

  • —The country Curaçao, a Dutch Caribbean island off Venezuela. One state-owned utility, Aqualectra, produces its electricity and drinking water, largely from wind, solar and fuel-fired machines.
  • —What happened The firm Eco Capital Curaçao asked parliament to push for a 90-to-120-day government taskforce on a rooftop “virtual power network”, Curacao.nu reported on 30 September 2026.
  • —The numbers From 1 October the cheapest household power band rises from about 63 to 70 guilder cents per kWh (about US$0.35 to US$0.39), the regulator said on 24 September.
  • —What it means for you Nothing changes on bills yet. Residents face higher October tariffs and possible rotating cuts of up to two hours, Aqualectra warned on 30 September.
  • —Still open Whether parliament backs the request, and how Aqualectra and the government respond. Neither had commented publicly on the taskforce by 30 September.

A virtual power plant built from household solar panels and batteries is back before Curaçao’s parliament. The local firm Eco Capital Curaçao wants lawmakers to press the government for a short, dedicated taskforce, Curacao.nu reported on Wednesday 30 September.

Free daily brief — no card needed
Get every Caribbean story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.

The timing is pointed. Power and water tariffs rise on 1 October, and the island’s utility warned the same day that rotating power cuts may return.

Containerised battery energy storage units beside a substation
Containerised battery storage units at a substation in Rheineck, Switzerland. Eco Capital wants home batteries on Curaçao pooled to do similar grid work. (Photo: Wikimedia Commons)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

What Eco Capital is asking for

The firm is not asking the Staten, Curaçao’s parliament, to approve its own project. It wants the Staten to urge the government to create an “Executive Virtual Power Network Taskforce” for 90 to 120 days.

That group would deliver a framework covering investment costs, technical rules, responsibilities and risks. It would also set the criteria for deciding whether a pilot goes ahead.

Eco Capital proposes the Koraal Specht and Cornelisbaai area as a test case. New commercial and industrial activity at Cornelisbaai adds demand, which the firm says rooftop solar and batteries in nearby Koraal Specht homes could help meet.

Curacao.nu reported earlier on the firm’s wider plan to link nearly 7,000 homes into one centrally controlled plant. Eco Capital fears the utility’s new Integrated Resource Plan (IRP) leaves no clear route for such pooled private producers.

Who would sit at the table

The proposed members include Aqualectra, the Regulatory Authority Curaçao (RAC) and two ministries. The state fuel distributor Curoil, the Central Bank of Curaçao and Sint Maarten, banks, pension funds and insurers are also named.

The work list is technical. It covers steering thousands of small units as one controllable source, data exchange, grid safety, cybersecurity, financing and consumer protection.

The idea is not new. Eco Capital first filed it in September 2023, and the planning ministry (VVRP) replied in February 2024 asking for further detail, according to Curacao.nu.

Rising bills and a stretched grid

Rio Times chart: Curaçao household electricity tariffs by usage band, September vs October 2026
Household electricity tariffs in Curaçao by monthly usage band, September versus October 2026, in guilder cents per kWh (rounded). Source: Regulatory Authority Curaçao via Curacao.nu and nu.CW, 24 September 2026.

From 1 October the cheapest household band, up to 250 kWh a month, rises from about 63 to 70 guilder cents per kWh (about US$0.35 to US$0.39). Curaçao’s guilder is pegged at 1.79 per US dollar.

The regulator blamed higher fuel costs and weaker expected wind, Curacao.nu and nu.CW reported on 24 September. A 10 percent monthly cap pushes part of the increase into November.

Supply is tight too. On 30 September Aqualectra said several machines and a 13-megawatt gas turbine were still unavailable, leaving it heavily reliant on wind, nu.CW reported.

On 15 August the utility expected evening demand of 128 megawatts against 98 megawatts of machine capacity, and rotated cuts across districts. An island-wide blackout on 27 August 2025 lasted almost a full day.

The case for and the risks

There is a stabiliser in the record. Aqualectra says tariffs fell about 6 percent in 2024 and nearly 11 percent in 2025, and it expects over 70 percent renewable power by 2027.

The government also announced a national energy policy on 8 September, with the RAC coordinating. A virtual power plant could fit that effort. Pooling home systems still raises questions about grid control, cost and who carries the risk.

Power costs are a regional theme. Governments are trying storage and price relief alike, from Brazil Puts a Battery Inside a Transmission Auction to tariff relief in Honduras Electricity Tariff Frozen for Six Months as Asfura Signs Law.

What Is Not Yet Known

It is not known whether parliament will adopt the request or when it might debate it. Aqualectra, the RAC and the government had not responded publicly by 30 September.

No cost estimate for a pilot has been published. How much of the delayed tariff increase lands in November is also still to be set.

Sources: Curacao.nu, 30 September 2026; Curacao.nu, 13 September 2026; Curacao.nu, 24 September 2026; nu.CW, 24 September 2026 (RAC tariffs); nu.CW, 30 September 2026 (Aqualectra); nu.CW, 15 August 2026; nu.CW, 3 September 2025; nu.CW, 15 January 2026 (Aqualectra year in review); nu.CW, 10 September 2026.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.