{"id":91901,"date":"2024-08-19T11:48:04","date_gmt":"2024-08-19T11:48:04","guid":{"rendered":"https:\/\/theelectricityhub.com\/?p=91901"},"modified":"2024-08-19T11:48:31","modified_gmt":"2024-08-19T11:48:31","slug":"kengen-invests-250m-in-new-geothermal-plant","status":"publish","type":"post","link":"https:\/\/theelectricityhub.com\/kengen-invests-250m-in-new-geothermal-plant\/","title":{"rendered":"KenGen Invests $250M in New Geothermal Plant"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li class=\"\">KenGen plans to invest $250 million in the Olkaria VII geothermal power plant in Naivasha, which has a capacity of 80.3 megawatts (MW).<\/li>\n\n\n\n<li class=\"\">The project supports KenGen\u2019s goal to add 3,000 MW of renewable energy to Kenya\u2019s grid over the next decade and aligns with the government\u2019s plan to phase out thermal power plants by 2035.<\/li>\n\n\n\n<li class=\"\">With Olkaria VII, KenGen\u2019s geothermal capacity will reach 799 MW, nearly matching its hydropower capacity.<\/li>\n<\/ul>\n\n\n\n<p class=\"\">Kenya Electricity Generating Company (KenGen) announced a $250 million investment in a new geothermal power plant. KenGen will situate the <a href=\"https:\/\/pumps-africa.com\/kengen-to-invest-us-250m-in-olkaria-vii-plant-project\/\">Olkaria VII plant<\/a> in the Olkaria fields near Naivasha. The plant will offer a capacity of 80.3 megawatts (MW).<\/p>\n\n\n\n<p class=\"\">KenGen aims to add 3,000 MW of <a href=\"https:\/\/theelectricityhub.com\/?s=renewable+energy\">renewable energy<\/a> to Kenya\u2019s grid over the next ten years. The company submitted an environmental and social impact assessment to the National Environment Management Authority (NEMA). <\/p>\n\n\n\n<p class=\"\">The evaluation highlights the project\u2019s role in meeting Kenya\u2019s energy needs and reducing reliance on costly and polluting <a href=\"https:\/\/theelectricityhub.com\/?s=thermal+power+plants\">thermal power plants<\/a>. The government plans to phase out these thermal plants by 2035.<\/p>\n\n\n\n<p class=\"\">Olkaria VII will help stabilise Kenya\u2019s power supply by providing a reliable and cost-effective baseload energy source. Unlike hydropower, which faces challenges from <a href=\"https:\/\/theelectricityhub.com\/?s=climate+change\">climate change<\/a> and fluctuating water levels, <a href=\"https:\/\/theelectricityhub.com\/?s=geothermal+energy\">geothermal energy<\/a> delivers a steady and consistent <a href=\"https:\/\/theelectricityhub.com\/?s=power+supply\">power supply<\/a>.<\/p>\n\n\n\n<p class=\"\">KenGen, Kenya\u2019s largest power producer, generates two-thirds of the country\u2019s installed electricity capacity. As of 2023, the total installed capacity reached 3,243 MW. KenGen operates a diverse portfolio of power plants with a combined capacity of 1,904 MW, with hydropower currently leading with 825.6 MW.<\/p>\n\n\n\n<p class=\"\">Geothermal energy is rapidly expanding in Kenya. With Olkaria VII, KenGen will increase its geothermal capacity to 799 MW, nearly matching hydropower\u2019s capacity. The new geothermal plant will support Kenya\u2019s shift to more sustainable energy sources.<\/p>\n\n\n\n<p class=\"\">Furthermore, this plant aligns with the government\u2019s goal of reducing thermal power dependence and enhancing <a href=\"https:\/\/theelectricityhub.com\/?s=energy+stability\">energy stability<\/a>. KenGen\u2019s investment in geothermal energy shows a commitment to meeting the country\u2019s future energy needs and promoting <a href=\"https:\/\/theelectricityhub.com\/?s=environmental+sustainability\">environmental sustainability<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kenya Electricity Generating Company (KenGen) announced a $250 million investment in a new geothermal power plant. KenGen will situate the Olkaria VII plant in the Olkaria fields near Naivasha. The… <\/p>\n","protected":false},"author":43,"featured_media":91902,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[3686,929,3601,4021,219,1010],"tags":[646,5552,5551,1011,311,867,2113],"class_list":["post-91901","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-climate-change","category-east-africa","category-energy-storage","category-energy-transition","category-news-2","category-on-grid","tag-climate-change","tag-energy-stability","tag-geothermal-plant","tag-kengen","tag-kenya","tag-power-plants","tag-power-supply"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>KenGen Invests $250M in New Geothermal Plant • The Electricity Hub<\/title>\n<meta name=\"description\" content=\"Kenya Electricity Generating Company (KenGen) announced a $250 million investment 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