Geothermal energy has reduced cost of doing business
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.
ERICK KIZITO Via email