Kenya Power mulls partnership with Kenya Association of Manufacturers to lower industrial energy costs
Kenya Power has renewed its commitment to partner with the Kenya Association of Manufacturers, KAM, to carry out regular energy audits among manufacturers to maximise production efficiency.
The move is meant to encourage growth of the manufacturing sector by lowering the cost of manufacturing which is expected to reduce the price of locally manufactured products and encourage more investments in manufacturing.
In addition to the energy audits, Kenya Power has also committed to provide least cost energy to industries through optimizing the energy mix and investing in expanding and strengthening of the distribution network to improve the quality and reliability of power supply.
“The Company recognizes efforts made by KAM in championing energy efficiency initiatives among its members and we are keen on partnering in keeping costs low. We aim at providing least cost energy to our industries by deferring non-effective commitments for intermittent renewables and introduce flexible generation in the mix,” said Kenya Power’s Managing Director & CEO Dr. Ken Tarus.
Dr. Tarus was speaking at the Kenya Sustainable Energy Day CEO’s forum organised by KAM ahead of the Energy Management Awards.
He added that the Company will continue updating and automating its infrastructure to increase access to electricity for socio-economic transformation and achievement of the national Big 4 Action Plan.
“The Company is committed to dispatching more renewable energy to maintain the fuel cost charge low and retail tariff competitive. I believe that with the available opportunities, we will be able to work together to make Kenya a manufacturing hub for Africa,” he said.
In the last five years, the distribution network has expanded in size and capacity as a result of the various projects the Company has undertaken. Kenya Power is currently operating 79,001 kilometres of high and medium voltage lines compared to 49,818 kilometres that were in place in 2013.