Research and Markets: Kenya Bets Big on Renewable Energy: a Detailed Report
March 15 2012 - 3:58PM
Business Wire
Research and Markets
(http://www.researchandmarkets.com/research/e9b16c/kenya_bets_big_on)
has announced the addition of new report "Kenya Bets Big on
Renewable Energy" to their offering.
Renewable energy sources are expected to witness strong growth
in Kenya over the next two decades, as an effort to fulfill the
country's rapidly growing energy demand which is driven by economic
growth. In 2008, the country has a development plan called The
Vision 2030 in place, to ensure the growth of the national economy
by focusing on its core infrastructure sector. Under the plan, the
Kenyan Ministry of Energy has outlined the Least Cost Power
Development Plan (LCPDP) in 2011 to ensure the growth of the power
industry in the country. The broad objective of the plan is to
provide an adequate quality supply of energy which is cost
effective and affordable, through use of indigenous energy
resources with environment conservation ensured.
Fossil fuels for electricity generation are expensive in Kenya,
and the country has substantial renewable energy potential to meet
the future electricity demand, therefore the development plan
primarily focuses on the use of renewable energy sources. The
country has geothermal potential of 7,000 MW-10,000 MW, and
therefore this renewable source has been given strong focus in the
developmental plan. Other renewable sources are also aimed to
contribute substantially. The government is encouraging private
sector participation to fuel this growth, and foreign aid agencies
are also funding renewable energy projects to ensure the growth of
the Kenyan renewable energy sector.
Scope
- Analysis of factors ensuring the growth in Renewable
Sector
- Analysis for current demand Supply and future demand - supply
situation
- Analysis on Policy and Regulatory Development; and Business
Environment for Renewable Development
- Analysis of Foreign Aid Fund for renewable and its impacts
- Analysis/suggestion on government approach
Key Topics Covered:
- Kenya Bets Big on Renewable Energy Kenya
- Kenyan Electricity Sector to Grow Under The Vision 2030
- The Installed Capacity is Sufficient for Present Demand, but
Capacity Must be Augmented to Cater for Future Demand
- Policy and Regulatory Development; and Business Environment for
Renewable Development
- Renewable Energy Development under Foreign Aid Fund
- Government Must Tackle All Barriers with Good Planning and
Strategies
For more information visit
http://www.researchandmarkets.com/research/e9b16c/kenya_bets_big_on