STAFF WRITER
Minister of Industries Mines and Energy Modestus Amutse says nuclear energy is the centre of Namibia’s plans to improve power generation and decarbonise in the future.
He was speaking at the launch of the Namibia Energy Compact on Thursday.
Namibia joined the Mission 300, an initiative led by the World Bank Group (WBG), the African Development Bank (AFDB) and partners to connect 300 million people to reliable electricity by 3030.
About 50% of Namibians , largely constituted by more 200 000 households living in the rural areas, do not have access to electricity, while the country only produces 40% of its domestic electricity needs.
The rest is imported from neighboring countries.
“Namibia is endowed with abundant solar and wind resources, and we intend to unlock these at scale.We are also endowed with some of the most significant uranium resources in the world. If we are serious about long term decarbonisation, affordability, and reliability, nuclear energy must be part of the conversation,” Amutse said.
He added that, “ At the same time, we recognise that access will not be achieved by Government alone. Where projects are commercially viable, we invite the private sector to lead and invest.”
According to Amutse the Government will continue to play its rightful role, supported by partnerships, grants and concessional finance.
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