Ericsson wrote:https://www.the-star.co.ke/business/kenya/2021-09-14-kengen-gets-nod-to-sell-46m-tonnes-of-carbon-credits/
•It recently received 2,025,813 tonnes of Carbon Emission Reductions to the 150MW Olkaria IV Geothermal Project.
•2,040,515 tonnes of CO2e had earlier been issued to Olkaria I, Units 4 and 5 geothermal power plant.
The first KenGen project to be issued with carbon credits under the CDM initiative was the Tana hydroelectric power project which received 57,458 carbon credits, on March 13, 2020.
KenGen earned Sh57 million from the sale of carbon credits in the year to June 2017. (
link)
Above figure is measly and i am sure less than salaries of people KenGen employs to go all over the world staying in expensive hotels only to sell KES 57M worth? And so much press releases over nothing. I never see other power producers (IPPs) all over the press every day like KenGen does. e.g Ormat <WP makes more money than KenGen per kwh sold to KPLC quietly.
KenGen has thermal plants in Kipevu and Muhoroni why can't they offset their carbon with their geothermal?