|
Geothermal energy is indigenous and it is the most abundant, reliable, environmentally friendly and least cost source of electricity for Kenya.
As outlined in Vision 2030, Kenya intends to be a mid-income economy in the next 20 years. One of the key drivers of this Vision is the availability of affordable and reliable energy. It is projected that the country will require 10, 000 MWe in the next 20 years; 5000MWe of which is expected to come from geothermal sources.
To achieve this target, the Government of Kenya established the Geothermal Development Company (GDC) to accelerate the development of its geothermal resources. The creation of GDC is in line with the Government Policy on Energy articulated in Sessional Paper No. 4 of 2004 and the Energy Act No. 12 of 2006 that un-bundled the key players in the electricity sector with a focus on improving efficiency.
GDC has embarked on a plan to realize at least 5,000MWe of electricity in the next 20 years. The plan entails the completion of detailed surface exploration in all the prospects in Kenya.
Our business plan creates numerous investment opportunities in the geothermal development sector ranging from:
- Supply of equipment and materials
- Developments of steam fields and power plants
- Supply of Early Generation equipment
- Civil engineering and construction works, among others
Local and international investors are invited to participate in this profitable and environmentally friendly industry.
|