Poor power demand dims low bills hope - News Summed Up

Poor power demand dims low bills hope


Kenya Power, has had to put a freeze on signing new power purchase agreements (PPAs) to shield consumers from higher costs for electricity bought from producers that may not be consumed. The subdued demand has forced Kenya Power to cut on its appetite for new PPAs, according to acting chief executive Jared Othieno. During the day, the project contributes about 14 to 17 per cent of Kenya’s power demand and this shoots to about 32 per cent at night, according to LTWP executive director Rizwan Fazal. However, these projects have run into delays, slowing power demand. In their absence, Kenya Power has to slow down on boarding new PPAs.


Source: Daily Nation February 19, 2019 12:11 UTC



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