Kenya Power Report Q2 2016 - New Market Study Published

Kenya's overa ll power generation will grow over 50% from 2016 to 2024, at an annual average rate of 5%. Total generation in 2016 will be 11.8TWh, which will increase to 17.9TWh in 2024. These increases will be largely due to a significant boost in non-hydropower renewables capacity through the Olkaria geothermal and Lake Turkana wind farm projects

Latest Updates And Structural Trends

Kenya's total electricity generation will increase from 11.8TWh in 2016 to just under 18TWh in 2024. This growth will mostly be backed by an increase in non-hydropower renewables generation

Denmark-based wind turbine manufacturer Vestas Wind Systems has signed a share purchase deal to sell its 12.5% stake in Kenya's Lake Turkana wind farm project to US firm Google, when completed.

Centum Investments, co-owner of the Lamu coal-fired power plant, has stated that power generation at the plant could be delayed by as much as two years after construction is finished. Construction at the plant has already been delayed due to resettlement issues for people living in the area.

Full Report Details at
- http://www.fastmr.com/prod/1132664_kenya_power_report_q2_2016.aspx?afid=301

The Kenya Tea Development Agency (KTDA) has signed a USD55mn loan agreement for the construction of seven new small-scale hydropower plants to facilitate lower electricity costs for tea factories in the region

The Kenya Power and Lighting Company (KPLC) is implementing further steps to ensure the completion of the Last Mile Connectivity project. Eleven companies have been contracted with the job of installing a total of 5,320 transformers, which would enable consumers to connect to the electricity grid at a price of TZS15,000 (USD147), which is payable upfront or in 36 monthly instalments.

The Kenya Power Report features BMI Research's market assessment and independent forecasts covering electricity generation (coal, gas, oil, nuclear, hydro and non-hydro renewables), electricity consumption, trade, transmission and distribution losses and electricity generating capacity.

The Kenya Power Report also analyses the impact of regulatory changes, recent developments and the background macroeconomic outlook and features competitive landscapes comparing national and multinational operators by sales, market share, investments, projects, partners and expansion strategies.

Key Benefits
Use BMI's independent industry forecasts for Kenya to test other views - a key input for successful budgeting and strategic planning in the power market.
Target business opportunities and risks Kenya's power sector through our reviews of latest power industry trends, regulatory changes, and major deals, projects and investments in Kenya.
Assess the activities, strategy and market position of your competitors, partners and clients via our Competitive Landscape analysis.

Coverage

BMI Industry View

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