13 February 2009 – Namibia will invest around $910 million to increase electricity generation capacity and improve their current transmission network.
The country, whose economy relies on their gold, diamond, uranium and copper mining, produces 385 megawatts at an average demand of 420 megawatts and 520 megawatts at peak demand. Namibia has been dependent on power from the South African grid to compensate for their shortage, which has also been grappling to keep up with demand and whose own mining industry was forced to close for a number of days last year as a result of electricity shortages.
Namibia expects to double their current power output at the thermal power station in Walvis Bay by upgrading technologies. Capacity should increase to 50 megawatts.
There are also plans to build a new coal power plant, which is expected to produce between 400 and 800 megawatts. This power station should become operational by 2012, as seven Greenfield mines will be operating by that stage as well.