Namibia has one of the best locations to invest in renewable energy both for domestic and southern African markets as its infrastructural connectivity to neighbouring countries enables it to become a net exporter of electricity.
There is a large regional energy market with the whole SADC region suffering from electricity shortages and Namibia is ideally placed to supply the neighbouring countries with electricity.
As one of the countries blessed with natural sunlight, only small amount of Namibia’s solar energy resources is utilised.
For Namibia, renewable technologies promote more inclusive economic and social development than fossil fuel-based options because they are suitable small-scale solutions that can run independently from central control.
Implementation of renewable alternatives has already started across Namibia which has one of the Africa’s fastest development rates for renewable energy investment.
In Namibia, energy is a composition of liquid fuels, electricity, and nuclear energy, geothermal energy, gas, coal, solar water heaters and cooker and charcoal (wood).
- Liquid fuels 63% net consumption
- Electricity 17% net consumption
- Coal 5% net consumption
- Solar, biogas, wind energy 15% net consumption