Modified Single Buyer model as approved by Cabinet and implemented is expected to bring change to the electricity industry

The Modified Single Buyer (MSB) model as approved by Cabinet and implemented is expected to bring change to the electricity industry to prevent the emergence of disruptive technologies.

This is according to Erongo RED's Board Chairperson, Zoe Nambahu, who was speaking at the opening of the organisation's stakeholder summit here yesterday.

According to Nambahu, the main change to the current single buyer model is that the MSB will allow first transmission electricity consumers and Independent Power Producers (IPPs) to transact with each other directly for electricity supply.

Transmission customers will therefore now be able to buy a portion (up to 30 per cent) of their energy requirements directly from a private generator, she said.

The second phase allows for distributed customers with larger than one Megawatt capacity to also become contestable customers.

Source: Namibia Press Agency