Electricity Cost Decreases By 30% In Kenya, Geothermal Reason

Electricity Cost Decreases By 30% In Kenya, Geothermal Reason

Lately, the news out of Kenya about its electricity situation has been quite positive. Electricity costs for both consumer and industrial customers have decreased by about 30%. You can imagine how advantageous it is for a nation to lower its electricity costs so much. In fact, one estimate pegged Kenya’s savings at $24 million per month.

The reason for the favorable shift is the country’s consistent investment in geothermal energy. Geothermal activity in Kenya is abundant, so it makes very good sense to develop more geothermal power there. Recently, two new plants were commissioned in the Rift Valley, which boosted the country’s geothermal capacity significantly. They are located at Olkaria, which is northwest of Nairobi and this area has an estimated 2,000 MW of geothermal potential.

It isn’t surprising that developing domestic renewable energy sources has significant benefits, “I have seen first-hand how getting affordable electricity to ordinary Kenyans can transform lives. Kids can learn at school and do homework at night. Businesses can flourish and create new jobs. http://cleantechnica.com/2015/03/02/electricity-cost-decreases-30-kenya-due-geothermal/

 

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