New Energy research report from Business Monitor International is now available from Fast Market Research
Boston, MA -- (SBWIRE) -- 07/28/2014 -- Kenya is investing heavily in wind power and solar, and a number of coal-fired and gas-fired facilities are due to come online this decade , significantly increase Kenya's generating capacity and reduces the risk of outages associated with hydropower. Meanwhile, consumption is set to rise dramatically as both the population and the economy grow.
Kenya's power sector is set to change dramatically over the forecast period to 2023, with hydropower to lose its dominant share of the power mix. The country is investing heavily in wind power and solar, and a number of coal-fired and gas-fired facilities are due to come online this decade. Kenya is also increasing its import of electricity from neighbouring Ethiopia. These developments will significantly increase Kenya's generating capacity and reduces the risk of outages associated with hydropower. However, projects regularly experience delays, creating a degree of uncertainty to the outlook. Meanwhile, consumption is set to rise dramatically as both the population and the economy grow.
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- In March, the Lake Turkana Wind Power project, secured USD686m in funding, paving the way for the start of construction; once finished in 2016, the plant with be capable of generating 300MW of electricity. A 428-km transmission line will also be built to transport electricity from the wind plant to Nairobi.
- In May, the African Development Bank launched the 1,068km high-voltage electricity highway between Kenya and Ethiopia. When complete, the transmission line will allow Kenya to import 2,00MW of electricity from the new Grand Renaissance hydropower plant in Ethiopia.
- In April, the Manda Bay Consortium and Aelous Kenya announced a collaboration to build a gas-fired power plant, as part of an investment package worth KES215bn, which includes establishing four other projects related to Kenya's Lamu corridor project.
- In March, the government confirmed plans to construct nine solar power...
The Kenya Power Report features Business Monitor International (BMI)'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.
- 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.
BMI Industry View
Summary of BMI's key industry forecasts, views and trend analysis, covering power markets, regulatory changes, major investments, projects and company developments.
Industry SWOT Analysis
Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the power sector, and within the broader political, economic and business environment.
The Regional Overview provides a comparative context from within which one can assess the relative profitability of the power industry in a given country, incorporating BMI's country risk macro forecasts into our regional analysis. They also detail any relevant issues or events that might cause market fluctuations, as well as evaluate the impact of existing power infrastructure and fresh investments on the regional market.
BMI Industry Forecasts
The Industry Forecasts provide historic data series and forecasts to end-2018 for electricity generation (TWh) and electricity generating capacity (MW) for each individual power segment present in the country. These forecasts are in turn supported by explicit assumptions, in conjunction with analysis of the key risks to the main forecast. These in turn are broken down into:
Electricity Generation forecasts for Thermal, Coal, Gas, Oil, Nuclear, Hydro and Non-Hydro Renewables. For this section, we provide information on electricity generation (TWh), % growth year-on-year, KWh per capita, and the % of total electricity generation. The thermal fuels (coal, gas and oil) also have figures for their % of total thermal electricity generation.
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