Revised electricity model to unleash 600 megawatts

Revised electricity model to unleash 600 megawatts

Revised electricity model to unleash 600 megawatts

Chamwe Kaira The introduction of the Modified Single Buyer (MSB) model has the potential to unlock an estimated 600MW of Solar PV equivalent capacity, according to Chamwe Kaira. Under the MSB system, certain electricity consumers and Independent Power Producers (IPPs) can engage in direct transactions for supplying a portion of their electricity needs. Pinehas Mutota, the General Manager of Economic Regulation at the Electricity Control Board, revealed this development. Mutota emphasized that the MSB fosters greater competition, choice, and increased private investment, which in turn provides Namibia with the optimal opportunity to efficiently expand its local power generation. Furthermore, it…
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