Release

Monday, February 20, 2017

  • USD 52 billion investments are needed to meet the Kenyan power demand by 2030, Ministry of Energy and Petroleum predicts.  
  • Renewable energy crucial to enhancing Kenya’s competitiveness and socio-economic transformation.
  • The African Renewable Energy Leaders’ Summit to take place at the Intercontinental Hotel in Nairobi on 4-5 April 2017.

Over 200 experts and government representatives from Kenya, Ethiopia, Burundi, South Sudan, Tanzania, Rwanda and Uganda will gather in Nairobi on 4-5 April 2017 to discuss the present and future of green energy in East Africa. Under the patronage of Hon. Charles Keter, Cabinet Secretary, Ministry of Energy & Petroleum in Kenya, the first Africa Renewable Energy Leaders’ Summit (ARELS) promises to bring together governments, private sector, international development agencies, non-governmental organisations, and think tanks to share insights on the latest projects, policies industry trends, and opportunities in the region.

“Having adequate power from renewable sources will not only ensure security of supply and cost effective tariffs; it will enhance the competitiveness of Kenya, and facilitate its socio-economic transformation,” Eng. Isaac Kiva, Director of Renewable Energy at the Kenyan Ministry of Energy and Petroleum, stated.

Kenya’s 2015-2035 Generation and Transmission master plan projected that by 2030 the power demand will be 4,732MW. According to Eng. Kiva, who will be a speaking at ARELS, “This will cumulatively entail an investment of USD52 billion. The Government alone is not likely to timely mobilize adequate resources, therefore the Ministry of Energy and Petroleum is expanding its efforts to attract investments.”

In parallel with geothermal power plans, Kenya’s wind energy programme is kicking off in a big way, ASOKO Insights, ARELS’ Intelligence Partner, reports. One of Africa’s largest such projects and Kenya’s largest single private investment, the $691 million Lake Turkana Wind Farm, has a nameplate capacity of 300MW and is scheduled for early completion in Q2 2017.

Also, the government announced talks with the World Bank for a $150 million off-grid solar and wind farm earlier this year. “Historically, Kenya’s electric power sub-sector has been dominated by reliance on drought prone hydro, but the Government has now increased its focus on development of more reliable renewable energy sources in particular geothermal, wind and solar,” Eng. Kiva commented.

In 2015, world leaders pledged billions of dollars to finance green energy projects in Africa at the Paris Climate Conference, where United Nations Secretary-General Ban Ki-moon said the continent had “an enormous stake in the success of the global event”. Having reached an agreement to attempt to limit the rise of global temperatures to less than 2⁰C, African leaders must now make crucial decisions. The first Africa Renewable Energy Leaders’ Summit will be a premier platform to discuss how and where to invest in renewables infrastructure projects that are both scalable and sustainable.

Prominent speakers expected at ARELS include Hon. Charles Keter, MGH, Cabinet Secretary of the Kenyan Ministry of Energy and Petroleum, Hon. Irene Muloni, Minister of Energy and Minerals Development of Uganda, Hon. Kamayirese Germaine, Minister in Charge for Energy, Water and Sanitation at the Kenyan Ministry of Infrastructure, Eng. Abel Rotich, Geothermal Development Director at Kenya Electricity Generating Company (KENGEN), and Phylip Leferink, General Manager of the Lake Turkana Wind Power.. The event is also attracting international players like H.E. Dr Rashid Al Leem Chariman of the Sharjah Electricity & Water Authority (UAE), and Charlotte Aubin Kalaidjian, Founding Partner of GreenWish (France).

Organized by dmg events Middle East, Asia & Africa, Africa Renewable Energy Leaders’ Summit (ARELS) will take place at the Intercontinental Hotel in Nairobi on 4-5 April 2017. To know more about the event and to register, visit www.africarenewablesummit.com.

Source: Alternative Energy Africa

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