Country:Namibia
Year:2015 (April)
Policy status:In Force
Jurisdiction:National
Date Effective:2015 (April)
Policy Type:Economic Instruments>Fiscal/financial incentives>Feed-in tariffs/premiums
Renewable Energy Policy Targets:Bioenergy, Solar, Wind
Agency:The Ministry of Mines and Energy
URL:http://www.nampower.com.na/public/docs/communications/Media%20Release/Media%20Briefing%2013%20April%202015.pdf
URL:http://www.ecb.org.na/wp-content/uploads/2014/04/Namibia-Draft-REFIT-Rules-APRIL-2014.pdf
Renewable Energy Description:

In April 2015 Namibia started the Renewable Energy Feed-in Tariff programme for biomass, solar PV and wind projects. Projects of 500 kW to 5 MW size are eligible for the support.

Feed-in tariff support is awarded for period of 20 years. Tariffs are paid in Namibian dollars and are referenced against USD.

Capacity corridors per each renewable technology were set. Namibia is set to deploy 30 MW of wind, 60 MW of solar PV and 60 MW of wind.

Namibia feed-in tariff rates

Renewable energy technology

Capacity

FIT levels in NAD/kWh

FIT levels in US cents/kWh

Biomass

500 kW – 750 kW

2.04

18.8

 

750 kW – 1 MW

1.97

18.1

 

1 MW – 2 MW

1.9

17.4

 

2 MW – 3 MW

1.61

14.8

 

3 MW – 4 MW

1.37

12.6

 

4 MW – 5 MW

1.30

12

 

5 MW

1.23

11.3

Solar PV

500 kW – 750 kW

3.13

28.8

 

750 kW – 1 MW

3.10

28.4

 

1 MW – 2 MW

3.06

28.1

 

2 MW – 3 MW

2.86

26.2

 

3 MW – 4 MW

2.65

24.3

 

4 MW – 5 MW

2.51

23.1

 

5 MW

2.46

22.6

Onshore wind

500 kW – 750 kW

1.85

17

 

750 kW – 1 MW

1.69

15.5

 

1 MW – 2 MW

1.54

14.1

 

2 MW – 3 MW

1.36

12.5

 

3 MW – 4 MW

1.26

11.5

 

4 MW – 5 MW

1.19

10.9

 

5 MW

1.16

10.6

 

Last modified: Wed, 19 Aug 2015 09:40:27 CEST