Kenya's State-Owned Utility Ken-Gen to Add 3000 MW RE to National Grid in Decade
- Presently, KenGen has an installed capacity of 1,904 MW. It will explore tapping one more 10,000 MW of clean energy.
Kenya Electricity Generation Company (KenGen), which is a power utility possessed by the State, has revealed that it has planned 3000 MW of renewable energy to the national over the span of the decade.
Currently, KenGen has actually a set up capacity of 1,904 MW. It will check out tapping one more 10,000 MW of clean energy.
"The Board authorized a ten-year corporate approach last year and we are now ready to roll it out in this new year 2023 having actually established a durable application plan to lead us in the next frontier of our business development," stated Managing Director as well as CEO, Abraham Serem. He additionally claimed in the exact same breath that the existing nuclear power plant will certainly be upgraded in the direction of this end to make them more effective.
Kenya has notably increased its portfolio of renewable resource. As a matter of fact, as of 2022, greater than 75 percent of its electricity needs were satisfied from renewable resources. Kenya boasts of strong solar output in addition to solid potential customers for wind energy due to the good geology. Consequently, it is also drawing in rate of interest from international capitalists in the renewable space, especially for rural electrification.
Kenya also has been accelerating its efforts when it come to the advancement of renewable energy and also making financial investments in leading technologies. In Africa, Kenya possesses the greatest claim of renewable energy in power mix. He stated further that the company that the company will be seeking to rehabilitate its existing power plants to make them extra efficient for sustainable generation.
"The Board accepted a ten-year corporate technique last year as well as we are now ready to roll it out in this new year 2023 having actually developed a robust execution plan to lead us in the following frontier of our business development," he ended.
