07 Mar 2014 15:40pm
WINDHOEK, 07 MAR (NAMPA) - Representatives from electricity distributors and municipalities gathered in Swakopmund from Wednesday to Friday for the fifth annual meeting of the Association of Electricity Distribution Utilities in Namibia (AEDU).
AEDU is a branch of the Association of Municipal Electricity Utilities Southern Africa (AMEU).
AEDU members comprise regional electricity distributors and municipalities which operate their own electricity distribution businesses.
Under the theme Innovative Electricity, the event was aimed at placing emphasis on the need for new and innovative ideas and technologies to be considered for a growing and sustainable electricity supply industry.
In a speech made available to Nampa on Friday, Minister of Mines and Energy Isak Katali said during the event on Thursday that innovation among stakeholders to ensure electricity for the future is indeed needed.
The ever-present electricity pricing pressures remain and require role-players to diligently plan operations and developments to ensure price increases can be kept in line with economic indicators.
The regulation of the industry is the responsibility of the Electricity Control Board (ECB), which regulates the issuing of licences for generation, transmission and distribution, and imposes such rules it deems necessary to ensure a healthy electricity supply industry, he noted.
This role will be changing soon with the envisaged implementation of the National Energy Regulator Act, which will have an expanded field of responsibilities and will not only cover the electricity industry anymore, but other energy sources too.
The electricity industry is undergoing changes to ensure sustainability at a good price, while delivering a good quality product to the end-consumer.
Katali further stated that more parties are also being drawn into the industry, and in particular include the customer who can now also supplement his/her own generation needs, while assisting the more prominent role-players with a lower demand as a result of this, together with other demand-management options.
The challenges are, therefore, clear and warrant action from the industry to comply. It is important for Namibia to take on this task to ensure a world-class industry where investment and economic growth can be promoted and sustained towards the Vision 2030 goal, he added.