The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: E_K_S who wrote (6501)	9/28/2020 10:27:22 AM
From: elmatador	of 13807

In most countries you have a single buyer for any electricity generated. Namibia has a Modified Single Buyer (MSB) system. It operates like this For example: You are a miner somewhere near Swakopmund in the west coast. You are presently buying lots of power from NAMPOWER, the national utility, that it imports from South African Eskom utility. Namibia imports 70% of its power from South Africa. To avoid sending their dollars to South Africa, whose Eskom is in deep trouble and can't supply even South Africa itself, Namibia opened its market to private capital to generate solar power there as Namibia has the second highest photovoltaic potential in the world. Attracts foreign direct investment, technical expertise into Namibia and provide jobs. This is how it works: I, the investor sign a 25-year Power Purchase Agreement with your mine. From the Namibian regulator I get a license to generate power. I sign a connection agreement with NAMPOWER, and a contract to pay it to transport the solar power I generate all the way to your mine. Those are the kinds, of new models that can be implemented anywhere in the world to increase generation.

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