Kenya,
like many other African countries, has excellent untapped renewable
energy resources – particularly wind, geothermal and solar. There is
pressing need. Just 18% of the 41 million population has access to
electricity. The population is growing at almost 2.5% per year and
electricity demand growth is 7% per year.
But grid expansion will
be expensive. Kenya Power has plans to spend US$700 million by 2017 on
infrastructure projects, adding an additional 5GW of generation capacity
to the grid. Current generation capacity is less than 2GW.
In
February this year, Kenya Power sought government permission to increase
their power tariffs by more than 50% in order to fund expansion of the
distribution network and to upgrade power lines.
The Kenya Power management did not get the response they hoped for. On November 19th,
Kenya’s Energy Regulatory Commission decided on exactly the opposite.
They ordered that the cost per kWh of electricity in Kenya was to reduce
from Sh15.51 (US$0. 18) to Sh12.26 (US$0.14) by July 2015.
Kenya
Power can afford the tariff decrease if it breaks its reliance on
expensive diesel generation, says the ERC. There will be an increase in
renewable energy generation over the next couple of years – both
geothermal and wind power -plus greater use of cheap coal and natural
gas.
Kenya Power is generally acknowledged to be one of the
better-managed utilities in Africa. But meeting the expectations of the
ERC looks like a very tough ask. The utility’s profit before tax
reduced by 24% in the year to June 2013, mainly because of an increase
in financing costs.
Is there a way out of this squeeze? Well,
there may well be some free money around that can certainly ease the
burden. Kenya’s electricity technical and non-technical electricity
losses are 19% of generation.
While average losses in Europe are
more like 7%, Kenya does not perform badly compared to many other
African countries. Network losses in Senegal are 22% and in Ghana they
are 27%.
If Kenya Power could reduce those losses to 12%, according to the authors of a April 2012 report (Tariff Structures for Sustainable Electrification in Africa)
commissioned by the European Copper Institute, the company could
increase its return on investment 10%, attracting external funding for
its grid expansion
AND
still leave room to reduce the electricity tariff that customers pay.
The
trick has already been successfully performed in South America. In
countries such as Chile, Colombia and even Bolivia, systematic and
comprehensive.
http://theenergycollective.com/greenwell-future/307006/loss-reduction-could-fund-kenyan-renewables-expansion
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