Namibia and Angola Finalize Baynes Hydropower Project

November 18, 2024 • Estimated Reading Time: 2 minutes

Key Figures & Findings: Namibia and Angola have formalized the implementation agreement for the Baynes Hydropower Project, a cross-border initiative set to generate 881 MW of electricity. Situated on the Lower Kunene River at the Namibia-Angola border, the project is a milestone in regional cooperation for renewable energy. Minister Emma Teofelus announced that Namibian Mines Minister Tom Alweendo has been authorized to sign the agreement with his Angolan counterpart. The electricity generated will be equally shared between both nations through the Namibia-Angola Transmission Interconnection platform, solidifying its significance for both countries.

Statistics & Insights: The Baynes project, now estimated at $1.3 billion, will employ a public financing model. Originally designed for 600 MW, the plant's capacity was later increased, with an additional regulating dam planned 12 kilometers downstream for 21 MW. A feasibility study began in 2008, culminating in 2014, with follow-ups completed in 2023.

Future Implications: If executed successfully, this project could significantly reduce dependency on imported electricity, especially during peak hours, and bolster regional energy security. Construction is expected to start following a year-long financing mobilization, with full operational capacity contingent on seasonal water flow by 2025.