Kenya Renewables Report Q2 2015
BMI View: The Kenyan government's push to improve electrification rates, expand renewable energy,improve electricity trade links and reduce its reliance on hydropower and diesel are strategically soundmoves that will benefit the country both economically and socially over the coming decade. We hold aparticularly optimistic outlook towards the country's geothermal industry, as capacity comes online and thegovernment continues to invite proposals for the construction of new geothermal power plants.
Kenya's energy policy and efforts to promote renewable technology reflect the need to diversify thecountry's electricity mix away from expensive imported oil and unreliable hydropower. Kenya has thepotential to generate electricity from almost all types of renewable energy resources - including geothermal,wind and solar power. We are witnessing positive developments across the renewables segment, with largescalegeothermal plants and wind projects under way and small-scale decentralised rural renewablesprojects also gaining traction.
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