Geo­ther­mal en­ergy has re­duced cost of do­ing busi­ness

The Star (Kenya) - - News -

Kenya ranks eighth among the largest geo­ther­mal en­ergy pro­duc­ers in the world, putting it among the top green economies.This is ac­cord­ing to the Re­new­ables 2016 Global Sta­tus Re­port by REN21. The re­port noted by 2015, the amount of geo­ther­mal en­ergy in Kenya’s na­tional grid had ex­panded to a to­tal of 600MW.The anal­y­sis stated geo­ther­mal en­ergy now ac­counts for over a quar­ter of the coun­try’s to­tal power ca­pac­ity of 2333MW. The gov­ern­ment has in the re­cent past re­newed its in­ter­est in geo­ther­mal en­ergy, to re­duce the econ­omy’s use of ex­pen­sive elec­tric­ity gen­er­ated from diesel gen­er­a­tors, and to boost the coun­try’s com­pet­i­tive­ness. And sure, in­creased geo­ther­mal power gen­er­a­tion is help­ing the econ­omy grow by dou­ble dig­its, and has boosted en­ergy se­cu­rity. It has also re­duced the cost of do­ing busi­ness in Kenya, thus pro­mot­ing our econ­omy.


Newspapers in English

Newspapers from Kenya

© PressReader. All rights reserved.