Energy – Page 3 – Windhoek Observer

29 Aug

Uranium market resurgence unfolding

ObserverEnergy, Observer MoneyBannerman Energy Ltd, Etango Project

CHAMWE KAIRA Bannerman Energy Ltd, which is developing the Etango project in the Erongo has said persistent cumulative supply gap now stands at approximately 150 million pounds of uranium oxide. Namibia stands to gain from increase in demand for uranium is it is one of the world’s largest producers of uranium. Bannerman said in a presentation to investors that Emerging Small Modular Reactor (SMR) technology is driving further new demand additions. The company added that the industry has lost a decade of uranium exploration and project development post Fukushima. The other factors that are driving demand for uranium include the…

28 Aug

Namibia leads Africa’s Green Hydrogen revolution

ObserverEnergy, Observer MoneyCleanergy Solutions, Daures Hydrogen Village, Elof Hansson, HDF Energy, HyIron, Hyphen Hydrogen Energy, Hyrail, Zhero

Niël Terblanché Namibia is rapidly emerging as a leader in the green hydrogen industry, with eight active projects that are set to transform the nation's energy landscape and position it at the forefront of global green energy initiatives. These projects, which include Hyphen Hydrogen Energy, Elof Hansson, HDF Energy, HyIron, Zhero, Cleanergy Solutions, Daures Hydrogen Village, and Hyrail, are developing essential production infrastructure across the country, from wind and solar farms to electrolysis facilities and desalination plants. According to James Mnyupe, Namibia's Green Hydrogen Commissioner, the heart of this green revolution is the Hyphen Hydrogen Energy project, strategically located in…

21 Aug

Oil industry warned against fronting

ObserverEnergy, Main

Martin Endjala The deputy minister of Mines and Energy, Kornelia Shilunga, has warned players in the oil and gas industry against fronting Namibians into positions. She made these remarks during the 2024 Namibia Oil and Gas Conference that started in Windhoek on Wednesday. “Ideally, all vacant positions should be advertised in local media to ensure that Namibians, who meet minimum requirements from all corners of the country, have an equal employment opportunity,” she said. This year's conference theme is “The Next Step Towards a Prosperous Oil and Gas Industry.” Shilunga said she has learnt that some oil industry players are…

14 Aug

Ban on issuance of wholesale petroleum licenses lifted

ObserverEnergy, National NewsTom Alweendo, wholesale petroleum licenses

Erasmus Shalihaxwe The Ministry of Mines and Energy lifted the moratorium placed on the issuing of wholesale petroleum licenses on Wednesday. The moratorium that has been in place since 15 August 2022 will be lifted today. The Ministry instituted the moratorium to enhance its licensing systems and processes for better public service. The moratorium on issuing new retail licenses will, however, remain in place. “This is because there is evidence that the average demand for fuel has not increased, suggesting that issuing new retail licenses will negatively affect the viability of existing retail outlets. The Ministry will continue to assess…

01 Aug

Long-term uranium supply under the spotlight

ObserverEnergy, Observer Money

CHAMWE KAIRA Bannerman Energy Ltd, which is developing the Etango project in the Erongo Region has said following the prohibiting of Russian uranium imports into the United States, uranium buyers quickly shifted their focus from immediate transactions to the long-term effects of the ban. The US has banned uranium imports from Russia as part of sanctions against Russia for its invasion of Ukraine. Brandon Munro, Executive Chairman of Bannerman said many utilities are seeking waiver applications and adjusting their conversion and enrichment strategies to avoid supply interruptions if the waivers are not approved. “Additionally, depending on which entities receive waivers,…

14 Jul

Namibia and South Africa agreed to conduct research for a green hydrogen pipeline

ObserverEnergy, National News

Stefanus Nashama Namibia and South Africa will collaborate on developing a cross-border green hydrogen pipeline. This follows after the two countries reached an agreement at the World Hydrogen Summit in May. Theopolina Kapani, the head of technical and construction at the Namibia Green Hydrogen Programme, said the move will potentially transform the energy landscape in Southern Africa. “The initial focus will be on the pipeline segment between Lüderitz in Namibia and the Northern Cape in South Africa. This first phase is crucial for setting the foundation for future expansions, which include extending the pipeline to the Western Cape in South…

11 Jul

Green hydrogen is ‘win-win’ for Namibia, Germany

ObserverEnergy, Observer Money

CHAMWE KAIRA Germany has ambitious targets of preventing climate change that are in line with internationally agreed commitments, Thomas Feidieker, Head of Development Cooperation at Embassy of the Federal Republic of Germany in Windhoek told Observer Money this week. Feidieker said reducing the use of fossil energy to decarbonize the German, as well as the global economy, is high on the agenda. The German interest follows several complementary and interdependent targets, he said. “The cooperation between Namibia and Germany as well as the European Union is particularly close because of the late President Hage Geingob’s vision to develop the Green…

11 Jul

ANIREP achieves requirements for solar plant

ObserverEnergy, Observer Money

CHAMWE KAIRA Alpha Namibia Industries Renewable Power Limited (ANIREP) informed shareholders this week that it has successfully fulfilled its Engineering, Procurement, and Construction (EPC) obligations for the Omburu 26.134MWp Solar PV Project and the issuance of the performance certificate by NamPower. The company said this significant achievement reflects ANIREP's Group commitment to delivering high-quality renewable energy solutions. ANIREP said as part of obligations outlined in the contract signed on 16th December 2020, between the HopSol Africa Pty Ltd / Tulive Private Equity Pty Joint Venture and NamPower and the Central Procurement Board of Namibia, shareholders were notified that the contractor…

08 Jul

Leading green hydrogen with strategic partnerships and cutting-edge research

ObserverEnergy, Opinions

Chris Movirongo Climate change is one of the greatest challenges facing the global community, but it also presents a once in a lifetime opportunity for significant economic growth and expansion. For countries like Namibia, the climate emergency presents a chance to take control of its future energy needs and secure economic prosperity. As well as being an environmental imperative, decarbonation through the replacement of fossil fuels is the pathway to a stronger, more resilient economy and nation. It provides plentiful low-cost green energy and enhanced global competitiveness and diversifies the economy to future-proof it for a carbon-counting world. Namibia holds…

03 Jul

Electricity tariff hike on hold

ObserverEnergy, Main

Erasmus Shalihaxwe The Electricity Control Board (ECB) has put the implementation of the electricity tariff hike on hold. The electricity tariffs will remain unchanged until 30 June 2025. This was announced by the board's CEO, Robert Kahimise, on Wednesday. “This effectively means that the consumers will pay the same tariffs as per the schedule of approved tariffs for 2023/2024. The ECB Board will allow Licensees to deviate from the approved 2024/2025 Approved Schedule of Tariffs as per Section 27(3) of the Electricity Act,” Kahimise said. The new tariffs were supposed to come into effect on 1 July. Last week, the…