ECB approves cost of unserved energy

Martin Endjala Namibia’s Electricity Control Board last week announced that it has approved the Cost of Unserved Energy (COUE) study which is considered key economic and financial parameters of customer interruptions. The cost of unserved energy refers to the economic impact or cost of discomfort on households when there is a lack of available energy to meet their needs. The ECB’s Chief Executive Officer, Robert Kahimise said that the study provides an economic value to the cost of unplanned electricity interruptions, as well as the inability to meet electricity demand at a given time to electricity customers and the economy…