Namibia still imports too much electricity

19 May 2019 | Energy

Windhoek • Ellanie Smit



Namibia is aiming to generate 80% of its electricity locally within the next four years, which will assist in sustaining the growing mining sector.

Without the sufficient and affordable supply of electricity, the mining sector in Namibia will not be able to operate optimally.

This was said by mines and energy minister during the opening of the Mining Expo and Conference held in Windhoek last week.

Alweendo said of the 4 285 GWh that was consumed in Namibia last year, 1 424 GWh was consumed by the mining sector. “This is a significant portion of electricity.”

He said the concern is that Namibia is still importing a too significant amount of electricity and the ministry is working hard to reverse this situation.

“Our current generation plan will ensure that by 2022 at least 80% of our electricity consumption must be generated locally. Over the years we were able to attract independent power producers (IPPs) to invest in electricity generation and we will continue to do so.”

Alweendo said as an additional step to attract more IPPs, government recently introduced a significant change in how electricity generated by IPPs is sold. He said that currently all IPPs are required to negotiate and sign a power purchase agreement with Nampower because it is only Nampower that is allowed to purchase electricity from IPPs.

As from September this will change when IPPs are allowed to sell their electricity to large buyers such as mining companies.

Mining is an important sector of the economy, contributing 14% to the GDP in 2018. During the same period, the sector employed 16 221 employees directly and 6 681 as contractors. The sector also contributed N$2.1 billion in royalty payment and N$1.7 billion for tax on profit.

In 2018, the total tax on profit collected from the whole private sector was N$6.9 billion. When comparing the two figures, the mining sector alone contributed about 24% to the total tax on profit in 2018.

Similar News

 

Firing up the biomass sector

7 months ago - 05 November 2018 | Energy

Turning the challenge of encroacher bush into an opportunity requires innovation and partnership. In a joint effort to showcase current solutions, the Namibia Biomass Industry...

Mega power in the pipeline

9 months ago - 27 August 2018 | Energy

Frank Steffen - The subcontinent's power supply was one of the matters discussed during the recent Southern African Development Community (SADC) summit held in Windhoek,In...

IPPs needed to boost energy supply

10 months ago - 20 August 2018 | Energy

Otis FinckThe electricity supply industry will have to evolve, while reforms should be continued to encourage more private sector investment in power generation, says the...

Solar power at your fingertips

1 year - 01 March 2018 | Energy

Solar energy is the energy we get from the sun. The sun has been producing energy for billions of years. It is a completely free,...

Power to be reckoned with

1 year - 22 February 2018 | Energy

As part of their environmentally focused strategy, the Cymot branch in Tal Street now boasts 175KW of solar panels, bringing the group’s total solar generation...

Latest News

Building bridges

3 days ago - 23 June 2019 | Infrastructure

Construction work continues on the Windhoek - Hosea Kutako International Airport road, with works set to start again on the bridge over Frank Fredericks drive...

Skills training for ­vulnerable moms

3 days ago - 23 June 2019 | Local News

Ester Kamati Twenty-five young mothers from the Lidar Community Foundation are receiving skills training for the next six weeks, thanks to the support of the...

Art and pets = Animals...

3 days ago - 23 June 2019 | Events

The SPCA Windhoek held its annual fundraiser – Animals by Night – last week, with a spectacular event at the FNCC.According to general manager of...

We are running out of...

3 days ago - 23 June 2019 | Disasters

Windhoek • Elvira Hattingh The date for dams supplying Windhoek to run dry has now advanced with between two and three weeks. The reason for...

Hope for Justin

3 days ago - 23 June 2019 | People

Walvis Bay • Leandrea Louw Justin Koch, a ten-year-old boy from Walvis Bay, has been ­battling with cerebral palsy spastic diplegia all his life.Born...

Help hier, asseblief!

3 days ago - 23 June 2019 | Social Issues

Windhoek • Rodney SwartbooiEk was onlangs by ’n konferensie op Otjiwarongo en dit was op pad terug wat ek afgekom het op ’n gesin, ’n...

Familie sonder hoop

3 days ago - 23 June 2019 | Social Issues

Nkurenkuru • Kenya Kambowe 'n Familie van vyf in die Kayeure-nedersetting in die Musese-kiesafdeling van Kavango-Oos bly in 'n 2x2 m-struktuur bestaande uit stukkies muskietnet,...

The heartbeat of the city

3 days ago - 23 June 2019 | Business

Windhoek • Lisa Plank A taxi driver cruises down the street, loud music blaring from the loudspeakers inside the car. With one hand he casually...

Pageant winner supports schools

3 days ago - 23 June 2019 | Social Issues

Winter is always a time for reflection and appreciating what you have, and this year is no different!During 2018, the first runner up of Miss...

Load More