Kenya eyes more billions to expand geothermal energy
Kenya, East Africa’s largest and most advanced economy is currently the leading region exploring and installing geothermal energy capacity (standing at 676 MegaWatts, 2019) according to ESI Africa, hence Kenya is seeking to expand its geothermal mastery.
On a larger scale, the geothermal technology is rather at an initial phase in Africa, as developed nations take the lead, including high-installed capacities in the US with more than 3.8 gigawatts, according to Power Technology publication.
Kenya Electricity Generating company has taken its interest to another level, as it seeks to raise at least US$1.95B to build new and upgrade existing plants “in a bid to almost double its output from the renewable fuel” according to information from Bloomberg News.
The Kenyan power company ambitions will make Kenya a competitive powerhouse, as the country has a total installed capacity of 2.4GW, the stated-owned company anticipated to sweep more than 651 megawatts from the underground stream in the next five years, according to the company’s Assistant Manager for resource development and infrastructure, Cyrus Karighithi.
On the other side of the fence, according to Power Technology published in 2018, East African has its geothermal energy contributing one-quarter of its installed capacity but has more than a 45 per cent share in the country’s overall electricity generation.
“Capacity is expected to triple during the period 2018–2025 to reach 1.7GW. Geothermal is expected to provide more than one-third of the total installed capacity and around 55% of the country’s electricity generation by 2025,” according to Power Technology.
This huge ambition is inspired by the Kenyan government energy policy which directs the state-electricity company (KenGen), with other country’s independent power producers, to eliminate fossil fuels powered generation.
“Per the Kenya Vision 2030 energy plan, most of the country’s electricity has to come from renewable sources, at the utility, commercial, and industrial scales, and as off-grid solutions, in 2030 and beyond,” Power Technology report argued.
Source: Further Africa