How will Namibia improve energy supply stability by 2030?

By 2030 the Namibian government plans to increase the share of renewable energies (RE) in its electricity generation from around 30% to 70%. With a growing share of RE the need for measures to maintain and improve energy supply stability is also growing.

How much electricity does Namibia import?

Currently Namibia imports up to 70% of its electricity from neighbouring countries. This electricity is predominately generated with coal.

Why is Namibia a pioneering project?

As the project is the first of its kind in Namibia, it fulfils a pioneering function - it is expected that subsequent projects in the same field will benefit substantially from the experience gained from within this project. Currently Namibia imports up to 70% of its electricity from neighbouring countries.

How can a Bess power plant save energy?

The stored energy could supply customers during peak times and would offset fossil energy from the aging local Van Eck coal power plant. Provide grid stability services to the electricity grid as short- and medium-term power fluctuations from RE generation can be absorbed by the BESS.

What is NamPower's contribution to the project?

NamPower’s contribution to the Project is expected to be approximately NAD 100 mil. NamPower’s Financial Statements are reported in NamPower’s Annual Report, (Investor Relations section of the NamPower website, ).