ENERGY STORAGE STUDY LAUNCH

The Economic Association of Namibia together with Renewable Energy Industry Association of Namibia (REIAoN) launched a study on Utilisation of Energy Storage Technologies in Namibia. Find the presentation by Dr. Detlof von Oertzen via the download link.

Key Takeaways:

• Energy storage technologies add value to local Renewable Energy (RE) ENDOWMENTS.
• Increasingly cost-effective storage further incentivises the uptake and use of solar PV and wind.
• Namibia must prepare for the arrival of cost-competitive storage tech, incl. the legal, regulatory and statutory provision.
• Energy storage is expected to affect the business models of all electricity utilities.
• Namibia’s storage market is small – solutions that reduce the cost of energy hold further potentials