Sharp Daily
No Result
View All Result
Tuesday, October 14, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Electricity Demand In Kenya Hits A New High Of 2,051MW

Editor SharpDaily by Editor SharpDaily
May 26, 2022
in News
Reading Time: 2 mins read
KenGen Managing Director & CEO, Rebecca Miano.

KenGen Managing Director & CEO, Rebecca Miano. [Photo/ Courtesy]

The national demand for electricity has hit a new peak demand of 2,051MW up from 2,036MW recorded in November 2021, pointing to accelerated growth and recovery in demand which slowed down in the wake of the COVID-19 pandemic.

The new peak demand was recorded on 12th May 2022 in the Daily System Operation and Dispatch Analysis Report by Energy and Petroleum Regulatory Authority (EPRA). This growth was driven mainly by renewable energy sources with geothermal energy making the greatest contribution, giving a further boost to Kenya’s climate action agenda.

According to the Daily Power Generation and Dispatch Analysis Report released on 19th May 2022 by Energy and Petroleum Regulatory Authority (EPRA), the country’s highest energy gross demand was recorded on 18th May 2022, registered a 2.5% growth to record a new peak of 37,273.17MWh up from 36,380.63MWh in November last year.

Read: Why Your Power Bill Won’t Reduce Any Time Soon

RELATEDPOSTS

KenGen advances KES. 250 Million geothermal project in South Africa

November 29, 2024

KenGen boosts profits by 35%, proposes higher dividend for 2024

October 30, 2024

NSE-listed electricity generator, KenGen PLC’s geothermal power stations in Olkaria, Naivasha provided the largest share of 14,763.37MWh during the recent analysis. KenGen currently boasts of 713MW of geothermal energy generation capacity and is readying to commission another 83MW in its newest power plant, the Olkaria I additional unit 6.

At the same time, the EPRA May 19th, 2022, report also revealed that the total amount of electricity generated by KenGen through its major hydropower stations exceeded the National Control Centre (NCC)’s dispatch projections by 1,988.42MWh, denoting a 25% increase. KenGen’s total installed hydro capacity currently stands at 826MW.

In the same report, Gitaru, Kindaruma, Kamburu, and Kiambere Power Stations were among the hydropower stations that exceeded the projected power generation output. The stations are part of the Seven Forks cascade which forms a crucial component of KenGen’s power generation infrastructure.

Read: Ecobank Slapped With Regulatory Action For Breaching Forex Rules

Commenting on the report, KenGen Managing Director and CEO, Rebecca Miano said the report is a reflection of KenGen’s ongoing strategic efforts to meet the country’s growing demand for electricity through harnessing Kenya’s rich renewable energy sources.

“KenGen is committed to ensuring steady and reliable supply of competitively priced electricity to support Kenya’s economy. The company is doing this by accelerating deployment of renewable energy sources such as geothermal, hydro, wind, and solar.” said the KenGen MD.

In June last year, KenGen joined United Nations Global Compact (UNGC) Business Ambition for 1.5°C Campaign, saying it is banking its future on green, affordable and accessible energy, including geothermal, hydro, wind, and solar.
“Our future project pipeline is green, including geothermal, wind, solar and hydro. The projects will be implemented in phases with the first expected to be commissioned by June 30th 2022,” said Miano.

Read: KenGen’s CEO Joins Global Leaders at the World Bank Group’s Gender Equality Forum

Previous Post

Absa Kenya Records 22PC Growth In Profits To Ksh3B

Next Post

KCB’s Profits For Q1 Of 2022 Soars To Ksh9.9 Billion

Editor SharpDaily

Editor SharpDaily

The latest in business, real estate, education, investments, tech and entrepreneurship, brought to you daily. Reach us through thesharpdaily@gmail.com

Related Posts

News

Start Q4 strong with the Cytonn Money Market Fund

October 9, 2025
News

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025
News

Argentina’s crisis and Kenya’s lessons on political economy and market confidence

September 25, 2025
News

Kenya’s financial system remains stable but faces rising risks

September 25, 2025
News

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025
News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025

LATEST STORIES

World Bank Urges Kenya to Raise Excise and Carbon Taxes to Strengthen Fiscal Stability

October 13, 2025

Kenya shifts to bond financing for SGR and JKIA expansion

October 13, 2025

KESONIA: Transforming Kenya’s benchmark interest rate framework

October 13, 2025

Kenya’s NFIS 2025–2028: Advancing financial inclusion and well being

October 13, 2025

Kenya Pipeline IPO deadline extended to 2026 and what it means for the Privatization Agenda

October 9, 2025

Audit reveals gaps in Kenya’s unclaimed assets system

October 9, 2025

What Happens to Your Funds During Pension Fund Liquidation in Kenya

October 9, 2025

Start Q4 strong with the Cytonn Money Market Fund

October 9, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024