Country:Namibia
Year:1990
Policy status:In Force
Jurisdiction:National
Date Effective:1990
Policy Type:Economic Instruments, Economic Instruments>Direct investment, Economic Instruments>Direct investment>Infrastructure investments
Renewable Energy Policy Targets:Multiple RE Sources
Policy Sector:Electricity
Size of Plant Targeted:Small and Large
Agency:Ministry of Mines and Energy
URL:http://www.mme.gov.na/directorates/energy/nef/
Renewable Energy Description:

The National Energy Fund (NEF) was originally based on collections of levies on petroleum products. Currently it also receives money collected by the National Power Utility Nampower. On 01 July 2013, the Government of Namibia approved NEF electricity levy of 1.02, that adds to the NEF and can be applied towards:

  • Electrification funding (complementing GRN budgetary allocations);
  • Equity co-funding of electricity undertakings;
  • Loans to electricity undertakings for financing capital projects;
  • Electricity price subsidies;
  • Subsidizing electricity tariffs to avoid temporary price shocks;
  • Subsidizing electricity pricing of identified poor communities;
  • Financing of Regional Electricity Distributors (REDs)’ through soft loans for electricity related projects;
  • Guarantees for REDs;
  • Studies on Electricity Supply Industry (ESI) related projects;
  • Improvement of quality of supply and services;
  • Renewable energy projects

 

Last modified: Wed, 02 Dec 2015 12:30:05 CET