Today, KenGen held its inaugural energy café. It was hosted by the firm’s MD & CEO Rebecca Miano.
According to KenGen CEO Rebecca Miano, this was a virtual round table meeting with the media to share the state of KenGen.
Good morning. We are pleased to hold our inaugural energy café.
Hosted by our MD & CEO Rebecca Miano, this a virtual round table meeting with the media to share the state of KenGen. #KenGenEnergyCafe pic.twitter.com/YK8sJerdfk— KenGenKenya (@KenGenKenya) November 24, 2020
Kenya Electricity Generating Company or simply KenGen is the largest electric power producer in Kenya producing about 75% of the electricity consumed in the country.
Here are a few highlights from tweets on the trending Hashtag #KenGenEnergyCafe
On the recently released Financial Results for the year ended June 30th, 2019, KenGen utilized its power plants to harness more resources that saw an increase of unit sales by 4 % from 7,989GWh in 2018 to 8,277GWh in 2019. #KenGenEnergyCafe
— KenGenKenya (@KenGenKenya) November 24, 2020
KENGEN is increasingly moving into green energy.
The firm recently floated a tender to phase out thermal power with gas-fired plants. This is all in a bid to lower electricity costs for homes and businesses.
#KenGenEnergyCafe pic.twitter.com/rAmp6cEI78
— Emmadunnes Co. Limited (@emmadunnes) November 24, 2020
"As of 2020 KenGen’s installed geothermal energy capacity stands at 705.9 MW. Geothermal is currently the major source of electricity in Kenya, accounting for 45% of total generation," MD & CEO @rebecca_miano. #KenGenEnergyCafe pic.twitter.com/UY6b6bRxVo
— KenGenKenya (@KenGenKenya) November 24, 2020
BREAKING
Kengen has entered into a dynamic repayment plan in order to allow KPLC to clear its old debt.
KPLC to make payments based on cash flow. Last month, it repaid Sh4.3bn & this month it will repay about Sh4bn.
All new invoices to be REGULARLY cleared.#KenGenEnergyCafe
— Mihr Thakar (@MihrThakar) November 24, 2020
"Our focus remains on the Revamped Horizon III Good-to-Great (G2G) Strategy through which we will add 721 MW to the national grid." MD & CEO @rebecca_miano #KenGenEnergyCafe pic.twitter.com/rCWdv7ANce
— Alex Misuko (@alekey_isoe) November 24, 2020
Kengen is expected to earn Kshs. 23 billion in tax credits on its Olkaria V 165 MW power plant, although future tax credits will be cut to 50%.
It has already recieved exemption on VAT for inputs for its Olkaria 1 Unit VI 83 MW power plant expected next year.#KenGenEnergyCafe
— Mihr Thakar (@MihrThakar) November 24, 2020
The govt has been striving to reduce the uptake of thermal power due to its high retail rate of Sh18 per kilowatt-hour (kWh), compared to other sources like hydropower (Sh3.2), solar (Sh6.7), geothermal (Sh9.1) and wind (Sh11.2).#KenGenEnergyCafe pic.twitter.com/lONmLvlWFP
— Emmadunnes Co. Limited (@emmadunnes) November 24, 2020
Rebecca Miano, MD KenGen: Plant produces more than 75% of the energy consumed in Kenya. Cumulatively, KenGen’s generation capacity is 1,803 MW comprising 818MW hydro, 706MW geothermal; 253.5MW thermal and 25.5MW wind.
Cc .@KenGenKenya #KenGenEnergyCafe pic.twitter.com/R4yhT48DD7— Lawrence Baraza (@baraza_lawrence) November 24, 2020
On the recently released Financial Results for the year ended June 30th, 2019, KenGen utilized its power plants to harness more resources that saw an increase of unit sales by 4 % from 7,989GWh in 2018 to 8,277GWh in 2019. #KenGenEnergyCafe
— KenGenKenya (@KenGenKenya) November 24, 2020
To reduce the cost of power supply in Kenya, @KenGenKenya plans to study the feasibility of converting the existing 720 MW thermal plants operating on heavy fuel oil to run on natural gas. @rebecca_miano #KenGenEnergyCafe pic.twitter.com/dLoH2WQvQt
— Cathy (@Edlycamwa) November 24, 2020
Rebecca Miano, MD KenGen: Plant produces more than 75% of the energy consumed in Kenya. Cumulatively, KenGen’s generation capacity is 1,803 MW comprising 818MW hydro, 706MW geothermal; 253.5MW thermal and 25.5MW wind. #KenGenEnergyCafe pic.twitter.com/AX2TW2crfb
— Metropol TV Kenya (@MetropolTVKE) November 24, 2020
'@rebecca_miano: These projects include Tana and Kiambere hydro projects, Ngong Wind, Olkaria II, Olkaria 1 Additional Units 4 and 5 and Olkaria IV Geothermal Projects, KenGen is playing a part in offsetting approximately 1.5mn tons of C02 equivalent annually. #KenGenEnergyCafe pic.twitter.com/bD30Gf13Hk
— IMG Kenya (@IMGKenya) November 24, 2020
'@rebecca_miano: These projects include Tana and Kiambere hydro projects, Ngong Wind, Olkaria II, Olkaria 1 Additional Units 4 and 5 and Olkaria IV Geothermal Projects, KenGen is playing a part in offsetting approximately 1.5mn tons of C02 equivalent annually. #KenGenEnergyCafe pic.twitter.com/bD30Gf13Hk
— IMG Kenya (@IMGKenya) November 24, 2020
