Namibia a world leader in solar power

An example in renewable power generation
Countries such as Namibia, the Netherlands and Palestine's power generation from renewable sources have grown significantly over the past five years.
Elvira Hattingh
Namibia ranks among the top eight countries in the world that have achieved the fastest transition to power generation through solar and wind.

Together with countries such as Denmark and Uruguay, Namibia is progressing at a faster pace than is necessary to limit global warming to 1.5 °C. This according to standards of the International Energy Agency (IEA), an intergovernmental organisation founded in Paris in 1974.

This means that the demand for fossil fuel has now reached its peak in the power-generation sector, and will fall sharply towards the end of the decade, the Rocky Mountain Institute (RMI) reported recently.

RMI is a non-profit organisation that advocates for the global transition to "clean energy" and recently completed an analysis on a transition to renewable energy generation, in collaboration with the Bezos Earth Fund.

Two research papers on the top eight countries were conducted by Systems Change Lab. According to this, the global generation system for electricity has now reached a tipping point, where the switch from fossil fuels is difficult to reverse.

RMI reported that the switch to renewable energy means worldwide power generation is on track to meet the IEA's ambitious goal of zero emissions.

According to RMI's forecasts, more than a third of all electricity should be generated by solar and wind energy by 2030, while the cost of this is expected to continually become cheaper - so much so that by 2030 it could be half as cheap as now.



Within reach

One of COP28's goals, namely to triple the capacity of renewable energy by 2030, is apparently now within humanity's reach.

This is provided that obstacles can be successfully overcome, which include investments in the necessary networks, fewer obstacles when it comes to the approval of renewable energy generation and the more efficient storage of electricity.

Renewable energy will help against inflation in the price of electricity and can lead to the demand for fossil fuels for electricity already being around 30% less by 2030.

RMI said key countries taking the lead in this include Uruguay, Denmark, Lithuania, Namibia, the Netherlands, Palestine, Jordan and Chile, as well as areas such as China, Europe and the Middle East.

The objective is that the utilisation of wind and solar power must grow from 12% to 41% by 2030, an increase of 29 percentage points.

Countries such as Namibia, the Netherlands, Palestine, Jordan and Chile have shown strong growth in this over the past five years at a "very satisfactory rate".



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Katima Mulilo: 13° | 33° Rundu: 13° | 33° Eenhana: 14° | 34° Oshakati: 16° | 33° Ruacana: 17° | 34° Tsumeb: 17° | 31° Otjiwarongo: 15° | 31° Omaruru: 18° | 32° Windhoek: 16° | 28° Gobabis: 16° | 30° Henties Bay: 14° | 20° Wind speed: 24km/h, Wind direction: S, Low tide: 10:44, High tide: 04:42, Low Tide: 22:59, High tide: 17:11 Swakopmund: 15° | 17° Wind speed: 31km/h, Wind direction: SW, Low tide: 10:42, High tide: 04:40, Low Tide: 22:57, High tide: 17:09 Walvis Bay: 16° | 23° Wind speed: 36km/h, Wind direction: S, Low tide: 10:42, High tide: 04:39, Low Tide: 22:57, High tide: 17:08 Rehoboth: 16° | 29° Mariental: 18° | 30° Keetmanshoop: 13° | 29° Aranos: 18° | 30° Lüderitz: 13° | 27° Ariamsvlei: 10° | 25° Oranjemund: 13° | 20° Luanda: 25° | 28° Gaborone: 15° | 31° Lubumbashi: 14° | 30° Mbabane: 16° | 25° Maseru: 11° | 25° Antananarivo: 13° | 23° Lilongwe: 16° | 28° Maputo: 18° | 29° Windhoek: 16° | 28° Cape Town: 13° | 17° Durban: 19° | 24° Johannesburg: 17° | 26° Dar es Salaam: 23° | 31° Lusaka: 17° | 30° Harare: 14° | 28° Currency: GBP to NAD 22.99 | EUR to NAD 19.81 | CNY to NAD 2.55 | USD to NAD 18.39 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3.58 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.06 | USD to AOA 834.06 | USD to BWP 13.6 | USD to EGP 47.35 | USD to KES 130.98 | USD to NGN 1429.05 | USD to ZAR 18.39 | USD to ZMW 27.35 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 77539.13 Up +0.47% | Namibian Stock Exchange (NSX) Overall Index 1733.43 Up +1.10% | Casablanca Stock Exchange (CSE) MASI 13478.23 Up +0.44% | Egyptian Exchange (EGX) 30 Index 26003.16 Up +0.05% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 373.21/OZ UP +1.13% | Copper US$ 4.64/lb UP +1.71% | Zinc US$ 2 953.40/T UP 1.18% | Brent Crude Oil US$ 84.90/BBP UP +0.28% | Platinum US$ 990.27/OZ UP +0.50% Sport results: Weather: Katima Mulilo: 13° | 33° Rundu: 13° | 33° Eenhana: 14° | 34° Oshakati: 16° | 33° Ruacana: 17° | 34° Tsumeb: 17° | 31° Otjiwarongo: 15° | 31° Omaruru: 18° | 32° Windhoek: 16° | 28° Gobabis: 16° | 30° Henties Bay: 14° | 20° Wind speed: 24km/h, Wind direction: S, Low tide: 10:44, High tide: 04:42, Low Tide: 22:59, High tide: 17:11 Swakopmund: 15° | 17° Wind speed: 31km/h, Wind direction: SW, Low tide: 10:42, High tide: 04:40, Low Tide: 22:57, High tide: 17:09 Walvis Bay: 16° | 23° Wind speed: 36km/h, Wind direction: S, Low tide: 10:42, High tide: 04:39, Low Tide: 22:57, High tide: 17:08 Rehoboth: 16° | 29° Mariental: 18° | 30° Keetmanshoop: 13° | 29° Aranos: 18° | 30° Lüderitz: 13° | 27° Ariamsvlei: 10° | 25° Oranjemund: 13° | 20° Luanda: 25° | 28° Gaborone: 15° | 31° Lubumbashi: 14° | 30° Mbabane: 16° | 25° Maseru: 11° | 25° Antananarivo: 13° | 23° Lilongwe: 16° | 28° Maputo: 18° | 29° Windhoek: 16° | 28° Cape Town: 13° | 17° Durban: 19° | 24° Johannesburg: 17° | 26° Dar es Salaam: 23° | 31° Lusaka: 17° | 30° Harare: 14° | 28° Economic Indicators: Currency: GBP to NAD 22.99 | EUR to NAD 19.81 | CNY to NAD 2.55 | USD to NAD 18.39 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3.58 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.06 | USD to AOA 834.06 | USD to BWP 13.6 | USD to EGP 47.35 | USD to KES 130.98 | USD to NGN 1429.05 | USD to ZAR 18.39 | USD to ZMW 27.35 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 77539.13 Up +0.47% | Namibian Stock Exchange (NSX) Overall Index 1733.43 Up +1.10% | Casablanca Stock Exchange (CSE) MASI 13478.23 Up +0.44% | Egyptian Exchange (EGX) 30 Index 26003.16 Up +0.05% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 373.21/OZ UP +1.13% | Copper US$ 4.64/lb UP +1.71% | Zinc US$ 2 953.40/T UP 1.18% | Brent Crude Oil US$ 84.90/BBP UP +0.28% | Platinum US$ 990.27/OZ UP +0.50%