{"id":12206,"date":"2022-02-15T14:31:25","date_gmt":"2022-02-15T14:31:25","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/nampower-imported-67-of-local-electricity-demand"},"modified":"2022-02-15T15:07:39","modified_gmt":"2022-02-15T15:07:39","slug":"nampower-imported-67-of-local-electricity-demand","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/nampower-imported-67-of-local-electricity-demand","title":{"rendered":"NamPower imported 67% of local electricity demand"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Namibia. <\/strong><\/span>The Namibia Power Corporation (NamPower) imported 67.4% of power from neighbouring countries and the Southern African Power Pool (SAPP) market to meet the country\u2019s electricity demand. This is an increase from 59% of the 2019\/20 financial year.<\/p>\n<p>According to the electricity utility\u2019s 2021 annual report, \u201cNamPower continues to rely on regional trading partners to meet the country\u2019s electricity demand.<\/p>\n<p>The catchment area of Ruacana did not receive good rainfall during the reporting period, resulting in the Ruacana Hydro Power Station flow averaging 93 m3\/s (2019\/20: 275 m3\/s) for the financial<\/p>\n<p>year\u201d. This was a major factor in decreasing NamPower\u2019s contribution to total units into the system to 24.1%, compared to 33.4% achieved in the previous year. According to the power corporation, the cost of imported electricity was the main contributor to the increased cost of electricity.<\/p>\n<p>NamPower further stated that as a result of the various measures introduced to mitigate the effects of Covid-19, as well as the slowdown in economic activities, revenue reduced by 5% (2019\/20: 4.8% increase) from N$6.9 billion in the previous year, to N$6.5 billion for the year under review.<\/p>\n<p>This was mainly attributable to a decrease in unit sales\u2019 volumes of 10.3%, from 4,352 GWh to 3,903 GWh (2019\/20:4.6% increase). \u201cRecognising the economic challenges prevailing in the country, the bulk<\/p>\n<p>electricity tariff for the year remained unchanged from the 2020 financial year at 164.88 cents\/ kWh, the first time the tariff has remained unchanged in the history of the company,\u201d reads the report.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/namibia\">Namibia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Namibia. The Namibia Power Corporation (NamPower) imported 67.4% of power from neighbouring countries and the Southern African Power Pool (SAPP) market to meet the country\u2019s electricity demand. This is an increase from 59% of the 2019\/20 financial year. According to the electricity utility\u2019s 2021 annual report, \u201cNamPower continues to rely on regional trading [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":12205,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[234,236,233],"class_list":["post-12206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NamPower imported 67% of local electricity demand - Namibia<\/title>\n<meta name=\"description\" content=\"The Namibia Power Corporation (NamPower) imported 67.4% of power from neighbouring countries and the Southern African Po ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/nampower-imported-67-of-local-electricity-demand\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NamPower imported 67% of local electricity demand\" \/>\n<meta property=\"og:description\" content=\"The Namibia Power Corporation (NamPower) imported 67.4% of power from neighbouring countries and the Southern African Po ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/nampower-imported-67-of-local-electricity-demand\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-15T14:31:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-15T15:07:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/02\/img-620bc1a59f901.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/nampower-imported-67-of-local-electricity-demand#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/nampower-imported-67-of-local-electricity-demand\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"NamPower imported 67% of local electricity demand\",\"datePublished\":\"2022-02-15T14:31:25+00:00\",\"dateModified\":\"2022-02-15T15:07:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/nampower-imported-67-of-local-electricity-demand\"},\"wordCount\":254,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/nampower-imported-67-of-local-electricity-demand#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/02\/img-620bc1a59f901.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/nampower-imported-67-of-local-electricity-demand#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/nampower-imported-67-of-local-electricity-demand\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/nampower-imported-67-of-local-electricity-demand\",\"name\":\"NamPower imported 67% of local electricity demand - 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