KenGen, Kenya’s primary electricity generation company, is dedicated to reducing electricity costs by increasing its renewable energy capacity, including geothermal, hydro, wind, and solar power.
This commitment aligns with the government’s goal of promoting affordable and sustainable energy.
By leveraging renewable sources, KenGen aims to stabilize and lower power costs, benefiting consumers and businesses in Kenya.
Their initiatives, such as expanding geothermal capacity and establishing a Green Energy Park, highlight their dedication to shaping a more sustainable and cost-effective energy future for the country.
KenGen, Kenya’s top electricity generation company, is dedicated to reducing electricity costs by boosting its renewable energy capacity, aiming to reach 3,000 MW within a decade.
By prioritizing green energy sources like geothermal, hydro, wind, and solar, KenGen seeks to shape a more sustainable and cost-effective energy future for the country.
They acknowledge the cost-effectiveness of renewables compared to non-renewable sources like thermal power and are actively leveraging renewable sources to drive down electricity expenses.
The relationship between clean energy and power costs is multifaceted, influenced by factors like policy, market dynamics, and infrastructure.
While renewable sources offer economic and environmental benefits, their impact on electricity prices can vary.
KenGen, Kenya’s primary electricity generation company, is actively increasing its renewable energy capacity, including geothermal, hydro, wind, and solar power, to promote a more sustainable and cost-effective energy future.
Despite potential initial costs, the long-term advantages of clean energy, such as reduced household expenses, improved health and safety, job creation, and equitable access to resources, outweigh the drawbacks.
KenGen, Kenya’s leading electricity company, is integrating battery storage systems into its infrastructure through the BESS project under the GREEN program funded by the World Bank.
This initiative aims to store excess energy from geothermal plants, enhancing grid stability and reducing the impact of intermittency.
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Key regions such as Central Rift, Coastal Region, Mount Kenya, Nairobi, North Rift, and Western Kenya are being considered for the pilot installation of BESS capacity.
Battery storage systems play a crucial role in optimizing power generation, reducing costs, and improving grid reliability by providing a flexible energy source.
They offer benefits including lower energy expenses, enhanced grid stability, and increased integration of renewable energy sources.
The Ministry of Energy supports this move to prioritize renewables, expecting lower expenses for consumers.
KenGen’s focus on clean energy and cost-cutting strategies is set to boost competition and facilitate the transition to affordable and sustainable energy sources.
Integrating battery storage systems will optimize power generation and lower costs, aligning with KenGen’s goal of leveraging clean energy for consumers and the energy market.
Lower electricity costs benefit households and businesses economically, increasing disposable income and competitiveness.
KenGen’s clean energy integration is expected to lower electricity expenses in Kenya, aiding both consumers and businesses.
Investments in clean electricity could save households $500 annually. Accessible electricity is vital for economic development, enhancing business efficiency and attracting investment, while higher prices can raise costs and reduce competitiveness.