The Electricity Control Board (ECB) held stakeholder engagements on its proposed review of the Tariff Methodology, Economic Rules and Net Metering Rules, as well as on tailored licence conditions for small, embedded generation projects of up to 2 megawatts (MW) and pilot initiatives involving emerging technologies, including green hydrogen.
REIAoN was a key participant in the consultations as we regard it of paramount importance to participate in these engagements as they determine rules that govern the country’s Energy Sector, which directly affects our members.
ECB CEO Robert Kahimise described the regulations as the foundational pillars for Namibia’s electricity sector’s future. He said there was a need for Namibia to have a cohesive regulatory framework designed to address both immediate challenges and long-term ambitions of the energy sector.
The Tariff Methodology has remained largely unchanged for nearly 20 years and requires modernisation to drive efficiency. The ECB has proposed a move towards a structured, transparent, and performance based system including multi-year pricing to incentivise real operational improvements, ensure vital network investment, and manage costs effectively within Namibia’s evolving market structure.
The proposed Tariff Methodology for the Namibian ESI is a cost-plus-return methodology implemented on a performance-linked Multi-Year Platform (MYP).