Commitment to oil, renewables not contradictory, Alweendo says
Balancing act to ensure energy security
Mines minister Tom Alweendo says Namibia must be allowed to exploit its oil and gas resources to aid development while pursuing its long-term vision for renewable energy.
Mines minister Tom Alweendo has reiterated his stance that Namibia’s commitment to its oil and gas resources does not impede its goal of pursuing net neutrality. Defending his stance, Alweendo said the government was not following a contradictory path but is embarking on a path towards sustainable development.
“Our commitment to both hydrocarbons and renewable energy isn’t a contradiction; rather, it’s a deliberate strategy to address the energy poverty many developing countries still face while building a sustainable future,” Alweendo said.
Alweendo said recent discoveries by oil majors Shell, TotalEnergies and Galp in the Orange Basin off the southern coast of Namibia present the country with an opportunity to become major players in the energy sector.
“The recent oil discoveries present a tremendous opportunity for us to become a key player in energy production,” he said.
Energy security paramount
Government’s commitment to net neutrality is further strengthened by opportunities identified in the green hydrogen space, where it is seeking renewable energy projects geared towards the long term.
“At the same time, our progress in green hydrogen reflects our long-term vision for renewable energy,” Alweendo said.
Namibia’s transition toward a renewable energy agenda would further be guided by the realities fitting its circumstances, Alweendo said.
“While we share the global ambition of reaching net zero, Namibia deserves a transition that fits our realities. We cannot afford a rushed shift that compromises our energy security or leaves anyone behind,” Alweendo said.
“By balancing hydrocarbons with renewables, we will achieve energy prosperity on Namibia’s terms – securing economic growth today while building a cleaner, greener tomorrow,” he added.