Policies

National Energy Fund (NEF)

Source: JOIN IEA/IRENA Policy and Measures Database
Last updated: 2 December 2015

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 ficing capital projects;
  • Electricity price subsidies;
  • Subsidizing electricity tariffs to avoid temporary price shocks;
  • Subsidizing electricity pricing of identified poor communities;
  • Ficing 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

 

Want to know more about this policy ? Learn more