|Why invest in Geothermal?|
Kenya is one of the leading countries globally with significant geothermal resources. The Government of Kenya through the Ministry of Energy has already undertaken significant investment in developing this sector. This includes supporting scientific research, drilling and the generation of electricity.
In order to facilitate investor entry into the geothermal sector, GDC will undertake exploration and drilling for all fields and provide steam to investors to mitigate these upfront risks to accelerate investor entry into the geothermal development sector.
Current private investors include Orpower4 Inc and Oserian Development Company (ODC). OrPower4 has an installed capacity of 55MW which is connected to the national grid. Oserian Development Company operates two binary power plants each with a capicity of 2MW which supply power to its facilities. Oserian also uses the geothermal resources for heating, refrigeration, use of carbon dioxide and hydrogen sulphide to enhance plant growth, fumigation and sterilization of greenhouses.
Alternative geothermal usage in Kenya can be applied to: