The National Oil Corporation of Kenya (NOCK) has formally requested KES 1.535 billion from the Ministry of Energy and Petroleum in its budget proposal for the 2024/25 fiscal year. The request sheds light on the financial challenges faced by NOCK, which is grappling with a debt burden of approximately KES 8 billion. The proposed budget…
In December 18, 2024, Kenya and Tanzania experienced widespread power outages, leaving millions without electricity in the early hours of the morning. The Tanzania Electric Supply Company Limited (TANESCO) reported that the outages began around 12:12 a.m. due to a fault in the national grid system. The issue disrupted power supplies across several regions. Similarly,…
Kenya’s National Assembly Committee has proposed a major shift in how the country manages electricity pricing by recommending that future Power Purchasing Agreements (PPAs) be denominated in Kenyan Shillings instead of foreign currencies. The recommendation aims to tackle rising electricity costs, which are heavily influenced by exchange rate fluctuations. Led by Mwala MP Vincent Musyoka,…
Kenya Power is facing challenges as it plans to ration electricity due to rising demand and aging infrastructure. The company has reported frequent power outages across the country, raising concerns among businesses and consumers. The issue escalated recently following a nationwide blackout, prompting Energy Cabinet Secretary Davis Chirchir to announce that load shedding would be…
Eskom has announced an extension for upgrading prepaid electricity meters from the old Key Revision Number (KRN1) system to the newer KRN2 system. The original deadline was set for November 24, 2024, when KRN1 meters would no longer accept new electricity tokens. But with millions of meters still needing upgrades, Eskom and municipal utilities, including…
The recent news that Gathungu has flagged Kenya Power for breaching its budget in a Sh14 billion fuel tender raises serious concerns about financial management and accountability in Kenya’s energy sector. This issue isn’t just about numbers; it points to deeper problems that directly affect ordinary Kenyans and the broader economy. Kenya Power, the country’s…
Ethiopia, Kenya, and Tanzania are making significant strides in improving energy cooperation through a new regional power partnership. This collaboration will boost electricity trade in East Africa, enabling Ethiopia to export 100 megawatts of electricity to Tanzania using Kenya’s transmission network. The agreement marks a crucial step forward for cross-border energy trade between the three…
The Energy and Petroleum Regulatory Authority (EPRA) in Kenya is taking steps to help consumers cope with rising fuel and power costs. With energy prices climbing recently, EPRA has introduced strategies to promote energy efficiency and provide financial relief to households and businesses. One major step is the recent reduction in electricity prices by an…
Kenya Electricity Generating Company (KenGen) has recently imposed a penalty of KES 710.17 million on Kenya Power and Lighting Company (KPLC) for late payments related to electricity supply invoices. This penalty is nearly double the amount from the previous year, which was KES 364.7 million, showing a 94.7% increase. The growing financial tension between these…
As the deadline for updating prepaid meters in the Nelson Mandela Bay Metro approaches, residents are urged to take action to avoid disruptions in their electricity supply. The municipality began the process of replacing the old KNR1 meters with the new KNR2 system in April 2022, and the deadline for this transition is set for…