1 / 18

Kenya

Opportunities in the Energy Sector. Kenya. Africa Energy and Renewables. A little about us: Energy services company. Develop renewable energy projects. Act as local Reps. for OEMs Consult with local and international firms on Energy in Kenya. Involved in Community Development projects.

steffie
Télécharger la présentation

Kenya

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Opportunities in the Energy Sector Kenya

  2. Africa Energy and Renewables • A little about us: • Energy services company. • Develop renewable energy projects. • Act as local Reps. for OEMs • Consult with local and international firms on Energy in Kenya. • Involved in Community Development projects.

  3. Current Electricity Generation Hydro Diesel Geothermal Misc generation Solar Wind Biomass A few facts • '08 econ growth 7% • '09 econ growth 3% • Population 38 MM • On Grid: 18% • Trade Blck: COMESA

  4. The Energy Sector • Current Generation capacity: 1,150 MW • Planned Generation in 2018: 3,011 MW • Growth Drivers: • Govt. Commitment to connect 1MM new consumers in 5yrs. • Growing economy • Growing population • Technology adoption including cellphones, TVs, Computers etc.

  5. Why will the additional capacity come from? Large Hydro: 60 MW on Mutonga or River Tana. Est. cost $250MM 140 MW at Lower Grand Falls. Est. cost $600MM

  6. Where will the additional Capacity come from Small Hydro: 3,000 MW across the country. • Initiative to tea factories that often are located in ideal settings. • Feed in tariffs for IPP: $0.06 to $0.12/kWh

  7. Geothermal • 7,000 MW potential in the Great Rift Valley • Currently 165 MW developed or under development including Kengen and Ormat. • Govt. Forming Geothermal Development Corp. that will carry the exploration risk and lease out proven steam to IPP. • No published Feed in Tariff. - Negotiate

  8. Coal • Govt. doing feasibility study for a 300 MW Coal Plant. • Opportunities • Developing a coal berth at the port of Mombasa. • Plant construction and operation • Coal exploration – Govt. currently leasing out 8 coal blocks around the country.

  9. Solar • Average solar insolation btwn 4 and 6kWh per M² • Currently 500,000 homes have solar panels. • Govt. using solar panels for remote schools and clinics • No Feed in Tariff on Solar yet “too expensive”. • Open to proposals though....................

  10. Wind • Govt. believes there is 405MW potential • Wind Resource Map available: http://swera.unep.net/ • Feed in Tariff : $0.09

  11. N uclear • Govt. seeking an investor for a 500 MW to 1GW Capacity. • Construction time frame: Next 7 years. • Arrangement: BOOT ( Build Own Operate Transfer) • Based on a 30yr PPA.

  12. Other Opportunities • Infrastructure: • Plans for 400 Km of 132 kV • Plans for 450 Km of 400 kV • Grid requires 60,000 transformers over the next 5 yrs. - Local Manufacture or import? • Annual maintenance of 2,000 transformers. • Meters? Smart Meters? Switchgear? Insulators? etc.

  13. Challenges • Information: Who? Where? How? What Price? • Network. Google utility events on the continent and attend. Linkedin.com • USDTA • US Embassy in Nairobi • Kenyans in Diaspora • Common sense • AGOA • MBITA

  14. Challenges • Currency Risk: • Hedge • Transact in Dollars • Corruption • Say no. • Culture • Get a good local partner • Check references, visit the US Embassy in Nairobi.

  15. Challenges • Political Risk • Relatively stable. • Get Insurance http://www.miga.org/ • Cost of doing business • Pretty high in Nairobi. Factor it into your models. • Payment Risk - significant • Cash • LC

  16. Challenges • Legal Protection • Get proper legal representation. • That being said, structure your transactions with the assumption that there is no legal recourse. • Long legal process • Tons of loopholes • Disadvantaged from a local network perspective • Expensive

  17. Have Fun! • Kenya is a great place to do business: • Food • Culture • Safari • Indian Ocean Beaches • Kilimanjaro and Mt. Kenya • People. • Don't sweat the small stuff: • Traffic, congestion etc.

  18. Thanks Joseph Nganga jnganga@africarenewables.com +1 704 804 4684 Developing renewable energy and energy efficiency projects.

More Related