By Albert Mugo, CEO of KenGen
Geothermal power production at Olkaria in Naivasha, Nakuru County. |
The cost of electricity has been falling over the past six months and is set to stabilize following the commissioning of the 140 MW Olkaria I Units 4 and 5, the last phase of the ambitious project. Every month, the plant contributes over 185 million kWh of renewable and stable electricity to the national grid. This is because geothermal energy generation does not fluctuate with changing weather.
We hope that with reduced energy charges, the cost of living will come down as manufacturers and industrialists pass on the benefits of cheaper production to consumers.
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