kawi254 wrote:sparkly wrote:Ericsson wrote:Hydro electric power hasn't performed well due to drought.
Good perfomance from geothermal should alleviate although ROA will not be optimal.
KenGen sells geothermal at $0.08 - $0.09 per kWh compared to Hydro @ $0.0236 so loss of Hydro generation will not be felt as in during 1999/2000 or 2007 drought due to increased geothermal generation.
Next financial year there should be more sales of geothermal due to completion and energisation of the Olkaria - Suswa - Isinya - Mombasa KETRACO line which transfers geothermal power to Mombasa and reduce thermal diesel engines power that Mombasa was so reliant on (at night when demand is low the whole country can survive on geothermal if the grid was linked)
Haven't you read and seen that there has been a huge increase in thermal power generation.
"Kenya’s use of expensive diesel-generated electricity has risen to a three-year peak that has left consumers with a huge cost burden.
Data from the Energy Regulatory Commission (ERC) shows that the share of thermal power in the energy mix consumed stood at 32 per cent last month or 11 percentage points above cheaper hydropower’s 21 per cent. "
http://www.businessdaily...021306-7fxhq2/index.htmlWealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle