Energy – Page 8 – News Stand

18 Oct

Africa must stand united during energy renaissance

info_e12wt4csEnergy, National NewsAfrica must stand united during energy renaissance

Niël Terblanché President Hage Geingob has stressed the urgent need for African nations to collaborate on constructing robust and environmentally responsible industries for a sustainable future. While addressing the official opening of Africa Energy Week in Cape Town, the Namibian Head of State called for unity when new energy policies are created around the development of sustainable energy projects. Geingob stressed the importance of renewed unity while African nations pursue industrialization. He pointed to the critical role of reliable and quality energy supply in driving economic development and achieving goals such as Agenda 2063: The Africa We Want and the…

13 Oct

Shell working to develop local content

info_e12wt4csEnergy, Observer MoneyShell working to develop local content

Chamwe Kaira Shell Namibia Upstream BV, spokesperson, Sally Wood has said the company recognises the long-term potential an oil and gas industry could have in Namibia in helping to unlock the country’s energy needs, provide training and employment and contribute to economic development. “We continue to work closely with the industry and government as it develops its local content policy and meanwhile, prioritise local goods, services and skills where possible, across our operations. This reflects where we are currently in the exploration process and will scale up if we proceed towards commercial development,” Woods told Observer Money this week. The…

13 Oct

Namibia expects to produce oil by 2030

info_e12wt4csEnergy, National NewsNamibia expects to produce oil by 2030

Niël Terblanché With its burgeoning oil reserves, Namibia is embarking on a transformative journey, promising not only to reshape its economic landscape but also to solidify its position on the global energy stage. Namibia has set its sights high on significant offshore oil finds and expects to tap into these vast reserves by 2030. Petroleum Commissioner, Maggy Shino, at a recent oil conference in Cape Town, South Africa, introduced plans for a Floating Production Storage and Offloading (FPSO) platform to facilitate crude oil export. Since the discoveries, Namibia has garnered considerable attention from global energy magnates. This surge in interest…

10 Oct

Energy Observer gives a glimpse into the future of clean energy

info_e12wt4csEnergy, Observer MoneyEnergy Observer gives a glimpse into the future of clean energy

Niël Terblanché Residents of Walvis Bay bore witness to a historical event as the Energy Observer, the world's pioneering hydrogen-powered, zero-emission vessel, arrived from France for its seventh and final African stopover. Namibia, with its eye on becoming a global leader in green hydrogen exports by 2030, welcomed this beacon of innovation with open arms. The nation, which currently imports nearly 60 percent of its electricity, is working hard towards an ambitious energy transition. The region's impressive 300 days of annual sunshine, which closely competes with Chile's world record, will play a crucial role in propelling the country's potential in…

05 Oct

Walvis Bay enters new era with first green hydrogen plant in Africa

info_e12wt4csEnergy, National NewsWalvis Bay enters new era with first green hydrogen plant in Africa

Niël Terblanché The discovery of oil as well as the much-anticipated production of green hydrogen will necessitate an overhaul of the existing energy export and import infrastructure at Namibia’s ports. This became increasingly more evident when Walvis Bay became the site of Africa’s first green hydrogen production plant. The new plant entered its construction phase during a recent groundbreaking ceremony at Walvis Bay and represents a monumental stride towards sustainable development and green industrialization in Namibia. The ambitious Cleanergy Solutions Namibia project, with an investment of approximately N$3.5 billion, is a collaboration between the country’s largest private conglomerate, Ohlthaver &…

04 Oct

National GH2 roadshow to northern regions postponed

info_e12wt4csEnergy, National NewsNational GH2 roadshow to northern regions postponed

Martin Endjala The Government, in collaboration with Hyphen Hydrogen Energy, has postponed the eagerly awaited National Green Hydrogen Roadshow to the northern regions. This decision comes due to unforeseen circumstances, with no future date currently provided. Hyphen’s Head of Environment, Social and Governance, Toni Beukes, indicated that the meetings for the Ohangwena, Omusati, Oshana, and Oshikoto Clusters, initially slated for 02-5 October 2023, will now be rescheduled. “These planned sessions in Eenhana, Outapi, Oshakati, and Omuthiya are central to our mission of engaging with communities and providing details about the Hyphen project and the Socio-Economic Development Framework,” Beukes stated. She…

02 Oct

Fuel hike prices remedy lies in oil discovery: NALOBA

info_e12wt4csEnergy, Observer MoneyFuel hike prices remedy lies in oil discovery: NALOBA

Martin Endjala Namibia Local Business Association (NALOBA) Vice President Peter Amadhila, believes that the continued hike of fuel prices, which proves to be somewhat cumbersome for Namibians due to international oil market prices, its remedy lies within the recent oil discovery in the country. Amadhila, who was reacting to the recent fuel hike prices announced by the Ministry of Mines and Energy, told this publication that Namibia has no control over the oil prices since these prices are in the hands of Global oil-producing giants. “If you have noticed, for the past three to four weeks, our country has been…

28 Sep

Demand for nuclear energy growing

info_e12wt4csEnergy, Observer Money

Chamwe Kaira Ronnie Beevor, the Chairman of Bannerman Energy, which is actively involved in developing the Etango uranium project, has emphasized that many nuclear-powered nations, such as China, India, Japan, Great Britain, France, and the USA, are either extending the operational lifespan of existing nuclear reactors, often by more than 60 years (80 years in the case of the USA), or embarking on the construction of new ones. In 2021, Namibia was the world’s second largest uranium producer with 5,753 tonnes produced. He pointed out that there are approximately 437 operational nuclear reactors worldwide, with an additional 60 reactors under…

27 Sep

Green Charcoal Namibia promises 850 jobs and a sustainable future

info_e12wt4csEnergy, National NewsGreen Charcoal Namibia promises 850 jobs and a sustainable future

Niël Terblanché The Green Charcoal Namibia (GCN) factory, an N$60 million investment officially inaugurated in Arandis on Monday, is a forerunner of over 850 indirect jobs and the promise of a sustainable future. These jobs will span various fields including production, transport, machinery manufacturing, engineering, and export, bolstering the nation’s employment rate significantly. The factory currently employs over 50 individuals, with plans to create an additional 30 permanent jobs by 2025. Christine //Hoebes, Minister in the Presidency, declared the project “a giant step” towards ecological conservation, clean energy, and community well-being. “The production of green charcoal is not just an…

27 Sep

Namibia is among five countries toproduce GH2 at competitive rates: Uandja

info_e12wt4csEnergy, National NewsGreen Hydrogen (GH2), Namibia is among five countries toproduce GH2 at competitive rates: Uandja

Martin Endjala Nangula Uaandja, the Chief Executive Officer of the Namibia Investment Promotion and Development Board (NIPDB) has announced that due to Namibia’s unparalleled wind and solar resources, the country is among five globally that have the potential to produce Green Hydrogen (GH2) at competitive rates. Uaandja made this remark at the recently concluded United Nations General Assembly (UNGA) in New York, USA, while showcasing Namibia’s unique opportunities and comparative advantages as an investment destination. She mentioned that the cost of green hydrogen produced in Namibia is projected to be between $1.73 and $2.30 per kilogram, with exports expected to…