Loading svg Please wait while we translate the article
Fanuel ShinedimaPhoto: Contributed
Fanuel ShinedimaPhoto: Contributed

Shaping Namibia’s energy future

Weighing options
Namibia should integrating hydrocarbons, green hydrogen and renewable energy sources to create a balanced and sustainable energy portfolio, opines Fanuel Shinedima.
Fanuel Shinedima
As Namibia stands on the brink of a new era in energy development, it is crucial to understand the concept of an energy mix and its significance for our nation’s future. An energy mix refers to the combination of different energy sources used to meet a country’s energy needs. For Namibia, this means integrating hydrocarbons, green hydrogen and renewable energy sources to create a balanced and sustainable energy portfolio.

An energy mix is essential for ensuring energy security, economic stability and environmental sustainability. By diversifying our energy sources, we can reduce our dependence on any single type of energy, thereby mitigating risks associated with supply disruptions and price volatility. For Namibia, an optimal energy mix would include hydrocarbons, green hydrogen and renewable energy sources such as solar and wind

power.

Hydrocarbons, including oil and natural gas, have long been a cornerstone of global energy supply. For Namibia, hydrocarbons can provide a reliable and immediate source of energy to support our growing economy. While the global community is moving towards cleaner energy, hydrocarbons will continue to play a vital role in our energy mix during the transition period. Investments in efficient and cleaner technologies can help minimise the environmental impact of hydrocarbon use.

The future of clean energy

Green hydrogen, produced using renewable energy sources, represents a promising avenue for Namibia’s energy future. As a clean and versatile energy carrier, green hydrogen can be used in various sectors, including transportation, industry and power generation. Namibia’s abundant solar and wind resources make it an ideal location for green hydrogen production. By investing in green hydrogen, we can position Namibia as a leader in the global clean energy market, creating jobs and fostering economic growth.

Renewable energy sources offer a sustainable and environmentally friendly alternative to traditional fossil fuels. By expanding our renewable energy capacity, we can reduce greenhouse gas emissions, decrease our reliance on imported energy and enhance energy security. Moreover, renewable energy projects can stimulate local economies and provide opportunities for community development.

The path forward

To achieve a balanced energy mix, it is essential to have supportive policies and adequate financing. Policymakers must create a conducive environment for investment in diverse energy sources. This includes implementing regulatory frameworks that encourage private sector participation, providing incentives for renewable energy projects, and ensuring transparent and efficient permitting processes.

Financing is another critical component. Public and private sector collaboration is necessary to mobilise the required capital for energy projects. International partnerships and funding from development banks can also play a significant role in supporting Namibia’s energy transition.

Namibia’s energy future lies in embracing a diverse energy mix. This approach will ensure energy security, economic growth and environmental sustainability. As we move forward, it is imperative for policymakers, industry leaders and financial institutions to work together to create a robust and resilient energy system for Namibia. By doing so, we can pave the way for a prosperous and sustainable future for our nation.



**Fanuel Shinedima is a member of the National Youth Energy Forum.

Kommentar

Allgemeine Zeitung 2024-11-12

Zu diesem Artikel wurden keine Kommentare hinterlassen

Bitte melden Sie sich an, um einen Kommentar zu hinterlassen

Premier League: Chelsea 1 vs 1 Arsenal | Tottenham Hotspur 1 vs 2 Ipswich Town | Nottingham Forest 1 vs 3 Newcastle | Manchester United 3 vs 0 Leicester City | Liverpool 2 vs 0 Aston Villa | Brighton 2 vs 1 Manchester City | Wolves 2 vs 0 Southampton | West Ham 0 vs 0 Everton | Crystal Palace 0 vs 2 Fulham | Brentford 3 vs 2 Bournemouth Katima Mulilo: 20° | 34° Rundu: 20° | 31° Eenhana: 20° | 34° Oshakati: 23° | 33° Ruacana: 21° | 34° Tsumeb: 21° | 30° Otjiwarongo: 19° | 33° Omaruru: 20° | 36° Windhoek: 18° | 32° Gobabis: 20° | 34° Henties Bay: 14° | 19° Wind speed: 24km/h, Wind direction: S, Low tide: 06:17, High tide: 12:44, Low Tide: 18:58, High tide: 01:18 Swakopmund: 14° | 15° Wind speed: 27km/h, Wind direction: SW, Low tide: 06:15, High tide: 12:42, Low Tide: 18:56, High tide: 01:16 Walvis Bay: 13° | 21° Wind speed: 31km/h, Wind direction: SW, Low tide: 06:15, High tide: 12:41, Low Tide: 18:56, High tide: 01:15 Rehoboth: 18° | 32° Mariental: 17° | 34° Keetmanshoop: 17° | 34° Aranos: 19° | 35° Lüderitz: 14° | 32° Ariamsvlei: 18° | 34° Oranjemund: 13° | 22° Luanda: 25° | 27° Gaborone: 17° | 31° Lubumbashi: 18° | 34° Mbabane: 13° | 26° Maseru: 12° | 26° Antananarivo: 15° | 32° Lilongwe: 23° | 35° Maputo: 20° | 33° Windhoek: 18° | 32° Cape Town: 16° | 20° Durban: 18° | 23° Johannesburg: 14° | 28° Dar es Salaam: 25° | 31° Lusaka: 19° | 32° Harare: 19° | 27° Currency: GBP to NAD 23.05 | EUR to NAD 19.23 | CNY to NAD 2.51 | USD to NAD 18.14 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.29 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3.13 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 133.12 | USD to AOA 918.14 | USD to BWP 13.56 | USD to EGP 49.16 | USD to KES 129.2 | USD to NGN 1654.88 | USD to ZAR 18.14 | USD to ZMW 27.15 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1851.79 Down -1.41% | Casablanca Stock Exchange (CSE) MASI 14691.26 Up +0.19% | Egyptian Exchange (EGX) 30 Index 31621.29 Up +0.72% | Botswana Stock Exchange (BSE) DCI 9879.51 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 597.34/OZ DOWN -0.0102 | Copper US$ 4.13/lb DOWN -0.0236 | Zinc US$ 2 958.40/T UP 0.21% | Brent Crude Oil US$ 72.37/BBP UP +0.30% | Platinum US$ 944.24/OZ DOWN -0.0194 Sport results: Premier League: Chelsea 1 vs 1 Arsenal | Tottenham Hotspur 1 vs 2 Ipswich Town | Nottingham Forest 1 vs 3 Newcastle | Manchester United 3 vs 0 Leicester City | Liverpool 2 vs 0 Aston Villa | Brighton 2 vs 1 Manchester City | Wolves 2 vs 0 Southampton | West Ham 0 vs 0 Everton | Crystal Palace 0 vs 2 Fulham | Brentford 3 vs 2 Bournemouth Weather: Katima Mulilo: 20° | 34° Rundu: 20° | 31° Eenhana: 20° | 34° Oshakati: 23° | 33° Ruacana: 21° | 34° Tsumeb: 21° | 30° Otjiwarongo: 19° | 33° Omaruru: 20° | 36° Windhoek: 18° | 32° Gobabis: 20° | 34° Henties Bay: 14° | 19° Wind speed: 24km/h, Wind direction: S, Low tide: 06:17, High tide: 12:44, Low Tide: 18:58, High tide: 01:18 Swakopmund: 14° | 15° Wind speed: 27km/h, Wind direction: SW, Low tide: 06:15, High tide: 12:42, Low Tide: 18:56, High tide: 01:16 Walvis Bay: 13° | 21° Wind speed: 31km/h, Wind direction: SW, Low tide: 06:15, High tide: 12:41, Low Tide: 18:56, High tide: 01:15 Rehoboth: 18° | 32° Mariental: 17° | 34° Keetmanshoop: 17° | 34° Aranos: 19° | 35° Lüderitz: 14° | 32° Ariamsvlei: 18° | 34° Oranjemund: 13° | 22° Luanda: 25° | 27° Gaborone: 17° | 31° Lubumbashi: 18° | 34° Mbabane: 13° | 26° Maseru: 12° | 26° Antananarivo: 15° | 32° Lilongwe: 23° | 35° Maputo: 20° | 33° Windhoek: 18° | 32° Cape Town: 16° | 20° Durban: 18° | 23° Johannesburg: 14° | 28° Dar es Salaam: 25° | 31° Lusaka: 19° | 32° Harare: 19° | 27° Economic Indicators: Currency: GBP to NAD 23.05 | EUR to NAD 19.23 | CNY to NAD 2.51 | USD to NAD 18.14 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.29 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3.13 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 133.12 | USD to AOA 918.14 | USD to BWP 13.56 | USD to EGP 49.16 | USD to KES 129.2 | USD to NGN 1654.88 | USD to ZAR 18.14 | USD to ZMW 27.15 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1851.79 Down -1.41% | Casablanca Stock Exchange (CSE) MASI 14691.26 Up +0.19% | Egyptian Exchange (EGX) 30 Index 31621.29 Up +0.72% | Botswana Stock Exchange (BSE) DCI 9879.51 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 597.34/OZ DOWN -0.0102 | Copper US$ 4.13/lb DOWN -0.0236 | Zinc US$ 2 958.40/T UP 0.21% | Brent Crude Oil US$ 72.37/BBP UP +0.30% | Platinum US$ 944.24/OZ DOWN -0.0194