Last Updated 13 years ago by Kenya Engineer
In commemoration of the Energy day in an event held at the KICC and organized by the Ministry of Energy (MoE), the Government of Kenya launched an ambitious plan to develop over 5000 mega watts energy. The event themed “5000+ Mega watts for transforming Kenya” attracted various players in the energy sector among them, foreign investors and global funders.
The project launched by the President, H.E Uhuru Kenyatta in absentia is the largest single initiative undertaken to critically address the challenges facing the county’s energy sector. In his speech read out by the CS for Industrialization, he pointed that it was a major step in shift from unreliable hydro and expensive thermal based power generation to reliable green and cheaper natural gas and large scale coal fired power plants.
“This shift in critical in … ensuring affordable and competitive cost of electricity to spur economic growth and thus help trap investments…”, said the president.
The country currently has a generation capacity of up to 1664.1MW which with the implementation of this project will see the capacity rise to over 5000MW by 2016.This capacity will be mainly developed from Geothermal (1,646MW),natural gas (1,050MW),Wind (630MW) and coal (1,920MW). There’s also expected input from government power utilities and IPPs under the PPP framework.
“The required transmission will be developed by the Government”, notes the MoE in a statement.
The project is expected to reduce electricity generation fuel costs from the current $26-26 cents to less than $6.51 per unit of electricity. MoE also notes, “The generation cost in US$ cents is projected to reduce from 11.30 to 7.41, commercial/industrial tariff from 14.14 to 9.00 and domestic tariff from cents 19.78 to 10.45”.
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