Namibia
With a power score of 1.77, Namibia ranks number 57 among emerging markets and number 84 in the global power ranking.
- Emerging markets
- Africa
1.77 / 5
Power score
+4 places
Global power rank change
Overview
Namibia has a power score of 1.77, which puts it at rank 84 in the global power ranking, and rank 57 in the emerging markets power ranking. In comparison to 2021, Namibia has deteriorated in the power rankings by -43 places, from rank 41, to rank 84.
At 1.77, the power score of Namibia is better than the regional average of 1.54 in the Africa region.
Regional power score comparison
Power
Power policy
Namibia implements policies in 2/6 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Feed-in Tariff, Net Metering, Import tax incentives, VAT incentives.
Power policies
Power prices and costs
The average electricity price in Namibia has dropped from 144.66 USD/MWh in 2021 to 133.29 USD/MWh in 2022. Since 2017, the average electricity price in Namibia has fluctuated between 115.52 USD/MWh (2020) and 149.46 USD/MWh (2018).
Power market
The top amount of capacity installed in Namibia in 2022 was in Solar PV at 41.93%, up from 37.37% in 2021.
Installed capacity (in MW)
Electricity generation (in GWh)
The largest electricity generating technology in Namibia in 2022 was Large Hydro, generating some 59.8% of electricity, down from 69.99% in 2021. The technology with the biggest increase in eletricity generation in 2022 was Solar PV at 37.52%, up from 26.01% in 2021.
Investment in clean energy in Namibia was around $38.93 million in 2022, an increase of 15.83% from 2020 ($33.6 million). Between 2017 and 2022, the highest investment in clean energy was in 2018 at $172.23 million, while the lowest was in 2020 with $33.6 million.
Utility privatisation
Which segments of the power sector are open to private participation?
Type
Question
Availability
Wholesale power market
Does the country have a wholesale power market?
Doing business and barriers
Type
Question
Availability
Currency of PPAs
Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?
Type
Question
Availability
Bilateral power contracts
Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
Type
Question
Availability
Fossil fuel price distortions - Subsidies
Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
Type
Question
Availability
Fossil fuel price distortions - Taxes and carbon prices
Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?
Transport
Transport policy
Namibia does not implement any policies in any of the transport policy categories tracked by Climatescope.
Transport policies
Type
Question
Availability
Fuel economy standards
Does the country have a fuel economy standard in place?