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Business / Economics

INTERVIEW: Exploring Namibia’s Nuclear Energy Potential: Insights from Independent Researcher Josef K. Sheehama

todayAugust 20, 2024 17

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In a rapidly evolving energy landscape, Namibia faces unique opportunities and challenges as it contemplates the possibility of nuclear-powered electricity generation. We sat down with Josef K. Sheehama, an independent business and economics researcher, to discuss the prospects of harnessing nuclear energy in Namibia, the strategic considerations, and the potential socio-economic impacts. Sheehama, who has contributed extensively to discussions on economic policy and development, shared his insights on the path Namibia could take towards energy independence and job creation.

The Case for Nuclear Energy in Namibia

Namibia is renowned as one of the largest producers of uranium globally, yet it does not currently possess the infrastructure to harness this resource for electricity generation. Sheehama emphasizes the missed opportunity: “Namibia is the third-largest uranium producer in the world and the largest in Africa. Despite this, we rely heavily on imported electricity from countries like Zimbabwe, Zambia, and South Africa. It’s time we explore the potential of nuclear energy, especially given our existing resources.”

Sheehama suggests that Namibia could start small, perhaps with a modest nuclear plant that could supply the country’s electricity needs and potentially generate surplus for export. He acknowledges the risks and costs associated with nuclear energy but believes that with the right strategy and investments, these challenges can be managed.

Current Strategies and Their Limitations

Discussing Namibia’s current energy strategies, Sheehama notes that the country’s policies are heavily focused on renewable energy, such as green hydrogen and solar power. While these are important, he argues that the lack of focus on nuclear energy is a significant oversight. “Our current energy policies are limited. They barely touch on the potential of uranium for electricity generation. As Namibia formulates its next National Development Plan (NDP6), there needs to be a serious consideration of nuclear energy as a viable option.”

He also points out the need for practical on-site training for Namibians, rather than relying solely on theoretical education. By partnering with countries that have established nuclear energy programs, Namibia could train its workforce effectively and ensure that the expertise needed to manage a nuclear plant is available locally.

Potential Benefits: Job Creation and Energy Independence

One of the most compelling arguments for nuclear energy, according to Sheehama, is the potential for job creation and economic growth. “With a nuclear-powered plant, we could see the creation of hundreds, if not thousands, of jobs over the next five years. This would not only reduce unemployment but also drive the development of other sectors such as agriculture, which would benefit from a reliable and affordable electricity supply.”

Sheehama envisions a scenario where the surplus electricity generated from nuclear energy could be exported to neighboring countries, further boosting Namibia’s economy. This, he says, would position Namibia as a key player in the Southern African energy market.

Challenges and the Path Forward

Despite the potential benefits, Sheehama is realistic about the challenges ahead. The cost of setting up a nuclear plant is significant, with estimates from South Africa suggesting that it could run into billions of dollars. However, he believes that with gradual investment and strategic partnerships, Namibia can overcome these financial hurdles.

Sheehama also highlights the importance of government engagement. He expresses frustration at the lack of consultation with independent experts like himself, who have a wealth of knowledge to offer. “I’ve written close to 400 articles on economic and business issues, many of which are crucial for Namibia’s development. Yet, I haven’t been consulted on matters like NDP6 or the urgency of exploring nuclear energy. This needs to change if we are to make informed decisions that benefit the entire nation.”

Conclusion: A Vision for Namibia’s Future

As Namibia prepares to chart its energy future, Sheehama’s insights offer a compelling case for considering nuclear energy as part of the mix. With the right policies, investment in expertise, and strategic international partnerships, Namibia could harness its uranium resources to achieve energy independence, create jobs, and drive economic growth.

“NDP6 must not just be a document filled with beautiful words,” Sheehama concludes. “It needs to be a living strategy that holds people accountable and delivers tangible benefits for all Namibians.”

This interview with Josef K. Sheehama provides a glimpse into the possibilities that lie ahead for Namibia’s energy sector. As the nation moves forward, the decisions made today will determine the prosperity of future generations.

Written by: Leonard Witbeen

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