Monday, December 23, 2024

ESAK marks 3rd anniversary, unveils team to unlock Energy Demand

Energy Demand

The Electricity Association of Kenya (ESAK) has called upon key stakeholders in the electricity sector to encourage the growth of energy demand across the country.

This is even as the association celebrates its 3rd anniversary with at least 1 Gigawatt (GW) tied to the grid of which nearly 800 Megawatts (MW) is utility-scale capacity. To mark the celebration, ESAK activated its 4th working group the Electricity Markets that will encourage the growth of energy demand and alternative markets for power produced in the country.

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Additionally, the group will have a voice in shaping policy and transforming the sector
through contributions and submissions on legislation and regulation of the electricity
space and by extension, supporting the development of the wider East African market for power that is in line with the African Single Electricity Market (AfSEM).

Speaking during the celebrations, ESAK Chairperson George Aluru said, “We are
excited to celebrate our 3rd year of encouraging the sustainable development of the
Kenyan electricity sector through collaboration, advocacy, and data-driven solutions.
Moving into the future we are looking to work with other stakeholders to support growth
in energy demand through initiatives such as e-mobility and green hydrogen derivatives
such as fertilizer and e-methanol.”

Made up of members from different energy disciplines, the working group will also focus
on supporting the development of a wider East African market for power that is in line with the African Single Electricity Market (AfSEM).

The activation of the group follows the recent rollout of a blueprint by ESAK to support
Kenya’s transition to 100% clean energy by 2030. Besides calling for increased
productive use of electricity, the 6-pillar blueprint has a key focus on reducing investor
risk, enabling policies and regulations, grid enhancements, sustainable financing, and
encouraging just transition. The six are aimed at supporting Kenya’s drive to achieve 100per cent clean energy by 2030.

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The expansion of the markets for electricity produced in Kenya will enable further
harnessing the potential for power generation and encouraging the sustainability of the
sector.

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