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Nairobi, Monday, 25th May 2022: The national demand for electricity has hit a new peak demand of 2,051MW up from 2,036MW recorded in November 2021, pointing to an accelerated growth and recovery in demand which slowed down in the wake of COVID-19 pandemic.

The new peak demand was recorded on 12th May 2022 in the Daily System Operation and Dispatch Analysis Report by Energy and Petroleum Regulatory Authority (EPRA). This growth was driven mainly by renewable energy sources with geothermal energy making the greatest contribution, giving further boost to Kenya’s climate action agenda.

According to the Daily Power Generation and Dispatch Analysis Report released on 19th May 2022 by Energy and Petroleum Regulatory Authority (EPRA), the country’s highest energy gross demand was recorded on 18th May 2022, registered a 2.5% growth to record a new peak of 37,273.17MWh up from 36,380.63MWh in November last year.

NSE-listed electricity generator, KenGen PLC’s geothermal power stations in Olkaria, Naivasha provided the largest share of 14,763.37MWh during the recent analysis. KenGen currently boasts of 713MW of geothermal energy generation capacity and is readying to commission another 83MW in its newest power plant, the Olkaria I additional unit 6.

At the same time, the EPRA May 19th, 2022, report also revealed that the total amount of electricity generated by KenGen through its major hydro power stations exceeded the National Control Centre (NCC)’s dispatch projections by 1,988.42MWh, denoting a 25% increase. KenGen’s total installed hydro capacity currently stands at 826MW.

In the same report, Gitaru, Kindaruma, Kamburu, and Kiambere Power Stations were among the hydro power stations that exceeded the projected power generation output. The stations are part of the Seven Forks cascade which forms a crucial component of KenGen’s power generation infrastructure.

Commenting on the report, KenGen Managing Director and CEO, Rebecca Miano said the report is a reflection of KenGen’s ongoing strategic efforts to meet the country’s growing demand for electricity through harnessing Kenya’s rich renewable energy sources.

“KenGen is committed to ensuring steady and reliable supply of competitively priced electricity to support Kenya’s economy. The company is doing this by accelerating deployment of renewable energy sources such as geothermal, hydro, wind, and solar.” said the KenGen MD.

In June last year, KenGen joined United Nations Global Compact (UNGC) Business Ambition for 1.5°C Campaign, saying it is banking its future on green, affordable and accessible energy, including geothermal, hydro, wind, and solar.

“Our future project pipeline is green, including geothermal, wind, solar and hydro. The projects will be implemented in phases with the first expected to be commissioned by June 30th 2022,” said Miano.

Ends...//

Note to Editor:

About KenGen

Kenya Electricity Generating Company PLC - KenGen is the leading electricity generation company in Eastern Africa region with an installed generation capacity market share of more than 60%. The company’s primary business is to provide safe, reliable, and competitively priced electric energy for the country in an environmentally friendly and sustainable manner while creating value for its stakeholders.

Today, KenGen PLC has an installed generation capacity of 1,818MW, of which over 86% is drawn from green sources namely: Hydro (826MW), Geothermal (713MW), Thermal (253MW), and Wind (26MW).

For media queries please contact:

Frank D. Ochieng Tel:0721816896

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Nairobi, April 21, 2022: Kenya Electricity Generating Company PLC (KenGen) has completed drilling of the seventh geothermal well in Ethiopia further bolstering the company’s renewable energy footprint in the Horn of Africa.

This latest announcement is from the Aluto-Langano geothermal site where KenGen is implementing a drilling consultancy project for the state-owned Ethiopian Electric Power (EEP) company. The drilling of the seventh well was completed on schedule at a depth of 3,000 meters.

“This is the second 3,000 meters well we have drilled in Ethiopia so far, and I must commend our teams on the ground for successfully delivering to expectations despite the threats of COVID-19 and security situation in Ethiopia at the time of project implementation,” said KenGen Managing Director and CEO, Rebecca Miano.

This milestone reaffirms the NSE-listed company’s expertise in geothermal development in Africa, having earlier drilled the deepest geothermal well in the Horn of Africa also at a depth of 3,000 meters as announced by KenGen on November 11, 2021.

Commenting on the project timelines, Miano said: “We have now embarked on drilling of the fifth geothermal well under the EEP project in Aluto-Langano and we expect to complete the work in a fortnight’s time.”

The Ethiopian and Djiboutian ventures are part of KenGen’s ambitious diversification strategy, in which the company is seeking to acquire new revenue streams by offering commercial drilling services, geothermal consulting and other related services across Africa.

In November last year, KenGen announced that it had started work to deliver three geothermal wells in Djibouti setting in motion a Ksh.0.7 billion contract.

Locally, KenGen continues to grow Kenya’s geothermal capacity and has now started drilling of additional geothermal wells in Eburru geothermal field located in Naivasha.

Kenya is Africa’s number one geothermal energy producer and among top 10 in the world with an installed capacity of 863MW with KenGen contributing about 713MW. The country has an estimated geothermal potential of 10,000MW spread along its part of the Rift Valley circuit.

. . . . . . . . . Ends ..........

Note to Editor:

About KenGen

Kenya Electricity Generating Company PLC - KenGen is the leading electricity generation company in Eastern Africa region with an installed generation capacity market share of more than 60%. The company’s primary business is to provide safe, reliable, and competitively priced electric energy for the country in an environmentally friendly and sustainable manner while creating value for its stakeholders.

Today, KenGen PLC has an installed generation capacity of 1,818MW, of which over 86% is drawn from green sources namely: Hydro (826MW), Geothermal (713MW), Thermal (253MW), and Wind (25.5MW).

 

For media queries please contact:

Frank D. Ochieng, Tel:0721816896

This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it.

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