Rising mining industry demand to boost ... - Industrial Mechanical

Growth in the Namibian electricity industry will be driven by the expansion of the mining business, particularly that of uranium. This will be buttressed by increasing demand for electricity across other industrial sectors.

New analysis from the Growth Partnership Business Frost &amp Sullivan titled 2010 Updated Overview of the Namibian Electricity Business, finds that the industry generated 2. million in 2009 and estimates this to reach .4 million in 2014. The following segments are covered in the investigation: power generation, electricity transmission, electricity distribution and others (equipment suppliers, end users and financiers).

The mining industry is the major end user of electricity in Namibia.

Electricity demand from the mining industry is set to grow by roughly three per cent per annum due to augmented investments in the mining sector.

?The rapid growth in uranium production will help it surpass the diamond sector as the largest foreign currency earner in the mining business in between 2015 and 2020,? notes Frost &amp Sullivan Energy and Power Systems Research Analyst Sandra Ayingono. ?The opening of several uranium mines in the Erongo region will augment demand for electricity by 300MW, by 2012.?

The heighted need to have for electricity in the mining and tourism industries contributed to the significant rise in overall electricity demand from 2008 to 2009. The total electricity demand in the nation rose by four per cent over the last three years, with this trend of high growth set to remain for the lengthy term.

Even so, overloading of transmission lines and the rising expense of electricity imports are posing significant challenges to the development of the Namibian electricity market.

South Africa has been Namibia?s major energy partner, accounting for an average of half of Namibia?s electricity supply over the last three years. As electricity tariffs increased substantially in South Africa, electricity imports to Namibia have also risen.

At the exact same time, greater electricity imports from other Southern African Power Pool (SAPP) members have led to overloaded transmission lines in some areas.

?Promisingly, the Namibian government and NamPower are increasingly encouraging and developing an environment conducive to external investment,? assures Ayingono. ?There is an increasingly substantial marketplace for OEMs, given the quantity of projects that are in the pipeline.?

The design and implementation of an independent power producers (IPPs) framework represents a step towards the liberalisation of the sector. Accordingly, far more IPPs are expected to express interest in the Namibian electricity industry.

?In order to accomplish expense reflectivity, electricity tariffs are expected to significantly increase by 2010,? concludes Ayingono. ?This will allow the industry to preserve and expand generation, transmission and distribution infrastructure.?

2010 Updated Overview of the Namibian Electricity Market is component of the Power &amp Power Growth Partnership Service programme, which also consists of analysis in The Southern African Oil and Gas Market place and Asian Influence in the Sub-Saharan African Electricity Marketplace.

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