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Kenya Power - what's the latest?
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kawi254
#221 Posted : Wednesday, August 12, 2015 4:57:38 PM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
According to Reuters, PPA between Kenya Power and Kleen Energy for 6 MW Hyrdo power is 9.20 U.S cents per Kwh which is 3x what Kenya Power pays Kengen Hydro.
Bad negotiators at Kengen or Kenya Power is overpaying?

Quote "Chumo said the country's sole electricity distributor had also agreed to buy 6 MW of hydroelectric power from Kleen Energy Ltd at a cost of 9.20 U.S. cents per kilowatt hour. Kleen Energy is expected to start production in August 2016"
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murchr
#222 Posted : Wednesday, August 12, 2015 5:10:55 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
kawi254 wrote:
According to Reuters, PPA between Kenya Power and Kleen Energy for 6 MW Hyrdo power is 9.20 U.S cents per Kwh which is 3x what Kenya Power pays Kengen Hydro.
Bad negotiators at Kengen or Kenya Power is overpaying?

Quote "Chumo said the country's sole electricity distributor had also agreed to buy 6 MW of hydroelectric power from Kleen Energy Ltd at a cost of 9.20 U.S. cents per kilowatt hour. Kleen Energy is expected to start production in August 2016"


How much is KPLC paying KENGEN and where is Kleen energy generating this power?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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kawi254
#223 Posted : Wednesday, August 12, 2015 5:59:43 PM
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Joined: 2/20/2015
Posts: 468
Location: Nairobi
Hydro at Rupingazi River, Embu (0° 30' 25.44" S, 37° 25' 40.92" E).

PPA between KPLC & KENGEN for Hydo is at ~US cents 2.869/ kWh + a capacity charge for some hydro's.

Geothermal e.g for Olkaria 1 PPA is at ~9.409 US cents/kwh.

Methinks Reuters erred. Probably meant the PPA between Kenya Power and Akiira Geothermal but wrote Kleen Energy
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dunkang
#224 Posted : Wednesday, August 12, 2015 6:18:43 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
kawi254 wrote:
According to Reuters, PPA between Kenya Power and Kleen Energy for 6 MW Hyrdo power is 9.20 U.S cents per Kwh which is 3x what Kenya Power pays Kengen Hydro.
Bad negotiators at Kengen or Kenya Power is overpaying?

Quote "Chumo said the country's sole electricity distributor had also agreed to buy 6 MW of hydroelectric power from Kleen Energy Ltd at a cost of 9.20 U.S. cents per kilowatt hour. Kleen Energy is expected to start production in August 2016"

The Feed-in-Tarriff policy in Kenya is as follows;
Receive with simplicity everything that happens to you.” ― Rashi

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kawi254
#225 Posted : Monday, August 17, 2015 3:48:33 PM
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Joined: 2/20/2015
Posts: 468
Location: Nairobi
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Muthawamunene
#226 Posted : Monday, August 17, 2015 5:13:03 PM
Rank: Member

Joined: 1/3/2011
Posts: 264
Location: Nairobi
Oh dear.

Another day, another lesson.
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instinct
#227 Posted : Monday, August 17, 2015 5:22:37 PM
Rank: Member

Joined: 8/17/2007
Posts: 294
Kenya Power has defended itself saying it bought thermal electricity from Triumph Power’s 83-megawatt plant in Athi River, which was on a mandatory reliability test-run after becoming operational last month. The 30-day test-run ended on August 3.

“We also enhanced thermal generation in Nairobi during the GES to maintain reasonable voltages at various sub-stations and ensure reliable supply,” Kenya Power managing director Ben Chumo said of the three day summit that was headlined by US President Barack Obama last month.

>>>Somehow they consider it reasonable for consumers to pay for these...
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streetwise
#228 Posted : Monday, August 17, 2015 5:25:28 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Monopoly, stealing mentality and immpunity. SIC

Enyewe KPLC iko na wenyewe
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VituVingiSana
#229 Posted : Tuesday, August 18, 2015 2:35:50 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
instinct wrote:
Kenya Power has defended itself saying it bought thermal electricity from Triumph Power’s 83-megawatt plant in Athi River, which was on a mandatory reliability test-run after becoming operational last month. The 30-day test-run ended on August 3.

“We also enhanced thermal generation in Nairobi during the GES to maintain reasonable voltages at various sub-stations and ensure reliable supply,” Kenya Power managing director Ben Chumo said of the three day summit that was headlined by US President Barack Obama last month.

>>>Somehow they consider it reasonable for consumers to pay for these...

Doesn't ERC talk to KPLC before issuing statements?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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murchr
#230 Posted : Tuesday, August 18, 2015 2:58:04 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Families and business whose power is cut off for more than three hours within a day will receive compensation from Kenya Power if a proposed law is adopted.

http://www.businessdaily...4/-/9vadwdz/-/index.html
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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