• Mining
Thursday, January 1, 2026
Mining and Energy Namibia | Namibia’s Leading Mining & Energy News
Subscribe
No Result
View All Result
  • Diamonds
  • Oil & Gas
  • Uranium
  • Green Hydrogen
  • Gold
  • Lithium
  • Energy
  • Copper
  • Zinc
  • Diamonds
  • Oil & Gas
  • Uranium
  • Green Hydrogen
  • Gold
  • Lithium
  • Energy
  • Copper
  • Zinc
No Result
View All Result
Mining and Energy Namibia | Namibia’s Leading Mining & Energy News
No Result
View All Result
Home Uranium

Namibia called to explore domestic uranium storage, nuclear power plant 

by editor
April 22, 2024
in Uranium
1.7k 35
A A
0

Namibia has the potential to achieve energy independence by exploring domestic resources for power generation, a report by the Natural Resources, Economics and Public Administration says.

The parliamentary report on Natural Resources, Economics and Public Administration said this could be done through the development of a nuclear power plant utilising Namibia’s uranium reserves.

The report said instead of exporting uranium, there is a need for a storage facility to pile it up until such a time it can be used within the country.

“We should consider establishing a nuclear power plant to produce electricity. There have been offers from other countries to help Namibia to establish nuclear plants,” the parliamentary report revealed.

This comes as the country has excess energy capacity but still imports 60% of its energy needs due to the low power plant capacity.

The report further noted a need to maximise and optimise the Ruacana Power Plant to reduce electricity tariffs while also increasing reliance on solar and wind resources in the southern part of the country.

“The Ministry of Mines and Energy (MME) and NamPower should invest in power storage facilities and manufacture storage batteries for solar energy,” the report reads.

Meanwhile, the document further advises the MME, Ministry of Agriculture, Water and Land Reform (MAWLR) and NamWater to institute a technical committee on shared waters between Angola and Namibia to enable the utilisation of sufficient water from the Kunene River to optimise production from the Ruacana Power Plant.

Furthermore, parliament recommends that the Ministry of Finance and NamPower allocate more funds for the generation capacity of NamPower to reduce reliance on imported power.

“The MURD (Ministry of Urban and Rural Development) should support NamPower to intensify the rural electrification projects, particularly for the benefit of schools and health clinics. Rural electrification should continue to be funded by the State, and the tax on electricity be removed to relieve the burden from the consumers,” the report noted.

Namibia is the world’s third-largest producer of uranium, accounting for 11% of global supply.

author avatar
editor
See Full Bio
Share371Tweet232

Related Posts

ReeXploration uncovers major uranium target at Namibia’s Eureka Project
Uranium

ReeXploration launches N$16.7m placement to fund drilling at Namibia’s Eureka Project

  ReeXploration has launched a private placement to raise N$16.7 million (US$1 million) to fund the next phase of exploration...

December 17, 2025
Elevate Uranium ships pilot plant to Namibia, expands drilling at Koppies
Uranium

Elevate Uranium nears commissioning of U-pgrade pilot plant in Namibia

  Elevate Uranium Ltd says commissioning and operator training at its U-pgrade demonstration and pilot plant in Namibia are nearing...

December 15, 2025

Recommended

MTC invests N$100m in 475km fiber deployment project

MTC invests N$100m in 475km fiber deployment project

3 years ago
ExxonMobil speaks on Namibia prospects

ExxonMobil speaks on Namibia prospects

4 years ago
Load More

Newsletter

Black transparent logo for dark mode

About Us

The Namibia Mining and Energy website is a comprehensive online platform dedicated to showcasing Namibia's mining and energy sectors

Categories

  • Copper
  • Diamonds
  • Energy
  • Gold
  • Green Hydrogen
  • Lithium
  • Mining
  • Namibia
  • News
  • Oil & Gas
  • Opinions
  • Tin
  • Uranium
  • Zinc

Get in touch

Email:newsdesk@miningandenergy.com.na

© 2024 Mining and Energy | All Rights Reserved. The Namibia Mining and Energy website is a comprehensive online platform dedicated to showcasing Namibia's mining and energy sectors.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Diamonds
  • Oil & Gas
  • Uranium
  • Green Hydrogen
  • Gold
  • Lithium
  • Energy
  • Copper
  • Zinc

© 2024 Mining and Energy | All Rights Reserved. The Namibia Mining and Energy website is a comprehensive online platform dedicated to showcasing Namibia's mining and energy sectors.