Nairobi, June 24, 2021: Kenya Electricity Generating Company PLC (KenGen) has so far earned Ksh.2.6 Billion in revenues from commercial innovation initiatives over the last nine years.
This emerged as the company held its 9th Global Innovation Seminar which was held virtually for two days ending today. It also emerged that the company made a savings to the tune of Ksh.1.3 Billion drawn from process improvement and implementation of continuous improvement ideas.
Energy Cabinet Secretary, Hon. Charles Keter, whose speech was read by Chief Administrative Secretary (CAS) in the Ministry, Mr. Zachary Ayieko urged the company to continue with its tradition of generating ideas adding that their candle will be used to light the way for other players.
He also challenged the energy sector to continue harnessing natural resources efficiently to not only avail clean power but also assure Kenyans of its reliability.
Every year, since 2012, KenGen has held the Global Innovation Seminar that has special focus on business growth driven by idea generation, creativity, and continuous improvement. The forum brings together employees, local, and international stakeholders. Delegates deliberate and discuss innovative ideas, geared towards enhancing the organization’s value proposition and service offering as it continues to execute its mandate and core objectives.
“I look forward to proposals aimed at improving the generation process, reducing overall electricity cost along the supply chain or adding efficiency solutions such as storage of energy as this is what our country is in dire need of,” said the CS.
Energy, he added, is critical in delivery of Kenya’s development blueprints - Vision 2030 and the Big Four Agenda and ideas generated from the G2G seminar may be the catalyst required to transform the country’s economy for future generations.
He however stressed the need for development of solutions geared towards improving energy generation process, reducing overall cost of electricity, and adding efficiency solutions such as storage.
For her part, KenGen Managing Director and CEO, Mrs. Rebecca Miano said the organization is making good progress to bring on board its first solar project of 42MW which may in future be coupled with its existing hydro generation to efficiently utilize both resources.
“This is in line with our pursuit for green, sustainable energy, aimed at positively exploiting the available resources while reducing the country’s thermal power bill,” she added.
She reiterated that currently the company is on track to commission the Olkaria I Unit 6 geothermal power plant later this year, adding that at 83.3MW, it will be the single largest geothermal generating unit in Africa.
“This power plant being an extension of Olkaria I Units 4 and 5 means that when complete the power plant will be a 233MW geothermal giant. This addition will push our installed capacity to 1.9GW, double the 956MW KenGen had when we embarked on our ‘Good to Great’ journey in 2008 and only 100MW shy of the two Gigawatts mark,” she said.
Speaking during the same event, KenGen Board Chairman, Gen. (Rtd) Samson Mwathethe said: “Our focus shall be on efficiency to ensure prudent utilization of resources, resilience in line with the innovation seminar theme and delivering on the promises we make to ourselves and to others. Energy is a core ingredient for any nation’s development, hence the need to step up and deliver in provision of the reliable resource.
“The national clean energy percentage of 92.5% is borne heavily by the 1,565MW of renewable sources that KenGen has invested in and we shall continue to focus the industry’s efforts on bring onboard sustainable energy at minimal cost to allow for mutually beneficial power purchase agreements,” he added.
From the innovative ideas, KenGen has been able to provide geothermal drilling and consultancy services locally and regionally, established the Gitaru drinking water project which currently supplies drinking water to staff, commissioned a Calibration Centre, established an energy saving initiative through the installation of a solar grid tie system in Eastern and Thermal regions within the administration block and street lighting as well as operationalization of the Geothermal Spa.
Currently, KenGen has registered 3 patents with 37 under application, 12 trademarks with 12 being under application, 89 copyrights with 67 being under application and three utility models under application.
Note to Editor:
Kenya Electricity Generating Company PLC - KenGen is the leading electricity generation company in Eastern Africa with an installed capacity market share of more than 60%. The company’s primary business is to provide safe, reliable, and affordable 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).
Nairobi, June 16, 2021: Kenya Electricity Generating Company PLC (KenGen) has joined the UN-backed global campaign to combat global warming, becoming the first public service agency in Kenya company to do so.
The campaign dubbed ‘Business Ambition for 1.50C’, is backed by a global coalition of the United Nations leaders, business organisations and Non-Governmental Organizations (NGOs).
By committing to this ambition, KenGen is expected to establish emission reduction targets through investments in green and clean energy that will go a long way in limiting the earth’s warming to 1.5°C as per the Paris Agreement of 2015.
Under this arrangement, the company commits to annually disclose its Greenhouse Gas (GHG) emissions as a way of checking and reducing its carbon footprint.
Speaking soon after receiving confirmation on its admission to the Business Ambition for 1.5°C, KenGen Managing and CEO, Mrs. Rebecca Miano said the platform reiterates the organization’s position as a regional business champion and pacesetter in the Climate Change Action.
“By joining the below 1.5-degree global campaign, we are only reiterating our business as usual. We have shifted our investments to green and renewable energy and harnessing of low carbon sources of energy,” said Mrs. Miano, adding “we have also intensified environment conservation activities and energy efficiency improvement across the company.”
KenGen is a participant member of the United Nations Global Compact (UNGC). The Global Compact is a non-binding United Nations pact to encourage businesses worldwide to adopt sustainable and socially responsible policies and to report on their implementation.
The CEO said the organization joined UNGC in May 2019 as a tier II Participant. The Participant tier is ideal for business leaders such as KenGen because it accelerates their sustainability efforts while scaling up their impact across the globe.
The UNGC Kenya is the local network office that spearheads and catalyzes actions aimed at promoting good business practices.
KenGen’s commitment comes as a time when the world is working towards stemming the climate change crisis by setting science-based reduction targets aimed at halving greenhouse gas emissions by 2030 and hitting net-zero emissions by 2050.
Data on Climate Action from the 2019 World Meteorological Organization (WMO) report indicates that if governments and businesses do not slow global emissions, temperatures could rise to above three degrees Celsius by 2100, causing further irreversible damage to our ecosystems.
Currently, KenGen produces about 72% of the electricity consumed in Kenya, with over 80% of this being sourced from renewable sources. The company, which has a total installed generation capacity of 1,818 MW has been focusing on renewable energy development including the latest Olkaria 1 AU 6 geothermal project which is envisaged to add 83.3 MW to the national grid this year.
Apart from green energy generation, the company is leading on the Clean Mechanisms Development initiative. Already, six of its power generation projects are registered under CDM’s United Nations Framework Convention on Climate Change (UNFCCC).
These projects include; Olkaria II Geothermal Expansion, Olkaria IV Unit 1 & 2, Olkaria I Additional Unit 4 and 5, Redevelopment of Tana Hydropower project, Optimization of Kiambere Hydropower project and Ngong Wind 5.1 MW.
Under the Business Ambition for 1.5 Degrees Campaign, companies will have a role to play in advocating for government policies and goals that are essential to delivering a net-zero emissions economy.
The campaign also encourages governments, businesses and NGOs to build resilience against threats to global warming and unite behind science-based targets to reduce emissions.
So far, Science Based Targets Organisation indicates over 500 companies, representing more than US$13 trillion in market capitalization, have responded to the open letter from global leaders, and signed the Business Ambition for 1.5°C commitment.
More than 1400 companies globally are leading the zero-carbon transition efforts by setting emissions reduction targets through the Science Based Targets initiative (SBTi)
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