Kenya continues to rise as one of the leading countries tapping into geothermal energy. The Kenya Electricity Generating Company (KenGen) has inaugurated the 140 MW Oklaria 1 power plant, the last phase of the 280 MW geothermal facility. KenGen believes the additional electricity produced will help further stabilize volatile electricity costs throughout the country.
According to KenGen, who says the plant has been supplying power to the national grid since December 2014, the Fuel Cost Component (FCC), the single biggest item on the bills, fell to to a low of KShs/kWh 2.51 in February 2015. This represents a 65 percent drop in the FCC. As a result, it has led to a decline in the overall cost of power to consumers. The addition of geothermal power has also helped to mitigate dependence on hydro power; in recent months, Kenya has had no rainfall and as a result, there has been below average inflow of water into hydro dams.
“KenGen is proud to be on the lead in moving the country towards self sufficiency of reliable and affordable and renewable source of energy, which is also available almost 24/7,” said Managing Director and CEO Eng. Albert Mugo.
Today, KenGen is adding 1575 MW of power geothermal power to the national grid, surpassing hydro for the fourth month in a row. At U.S. 7.2 cents per kilowatt hour, geothermal energy is among the cheapest renewable sources of electricity in the country and the world.
“The country has not experienced power rationing despite low water levels in the hydro generation dams on the Tana Cascade. “This is because the 280 MW project has helped to bridge the power deficit,” concluded Mugo.