Total electricity production in 2023 dropped by 1% to 19,293 GWh (excluding captive consumption), compared with 19,520 GWh in 2022. Production for the local market also decreased by 1%, according to the monthly report on the energy situation for December 2023 published by the National Observatory of Energy and Mines. Electricity purchases from Algeria and Libya covered 11% of the local market's needs in 2023. STEG still has the lion's share of electricity production, accounting for 99% of domestic production in 2023. It should be noted that electricity generation from renewable sources accounts for 2.2%. Industry remains the largest consumer of electricity, accounting for 58% of total HV and MV customer demand in 2023. The majority of sectors saw a decrease in sales, in particular paper and publishing (-13%), extractive industries (-11%) and IMCCV (-11%), while sales went up in pumping (water and sanitation) (+7%) and tourism (+6%). Source: Agence Tunis Afrique Presse
Search
Advertisement
Recent Posts
NamPost launches digital channels
October 19, 2024
WINDHOEK: Namibia Post Limited ( NamPost ) officially launched its MyNamPost Banking App and Internet
BoN reduces repo rate to 7.25 per cent
October 16, 2024
WINDHOEK: The Bank of Namibia ( BoN ) announced a 25 basis point reduction in
Tsumeb business community pledges over N.dollars 600 000 for Tsumeb Copper Festival
October 11, 2024
The Tsumeb business community has pledged a total of N . dollars 670 000
Domestic financial system stable, robust: BoN
October 9, 2024
Windhoek: The Bank of Namibia ( BoN ) has stated that the country ‘ s