Market News
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Kenya Power Reaches a New Peak in Electricity Demand of 2,316 Megawatts
Posted on :Monday , 24th February 2025
Kenya Power has surpassed the previous high of 2,304 MW achieved in January to reach a peak of 2,316 MW on February 12, 2025, setting a new record for energy demand.
This spike in demand is indicative of a significant increase in the nation's energy usage, which is being fueled by large infrastructure projects, continuous system improvements, and the addition of more than 198. . .
Transformative Ksh. 1 Billion Last Mile Connectivity Energy Project Launched by President Ruto
Posted on :Thursday , 30th January 2025
The goal of President William Ruto's Ksh. 1 billion Last Mile Connectivity Energy Project in Busia County is to increase access to power in underprivileged areas. By improving 148 transformers, this project is expected to alter the region's electricity delivery and benefit almost 20,000 residents.
The president committed to supply dependable and reasonably priced electricity,. . .
Nationwide Electric Vehicle Charging Network to be Installed in Ethiopia
Posted on :Wednesday , 29th January 2025
The Ethiopian Petroleum and Energy Authority plans to build charging stations for electric vehicles every 50 to 120 kilometers across the country. The goal of this program is to facilitate long-distance travel and encourage the increasing use of EVs.
According to Bahru Oljra, Executive Director of Energy Sector Control, a new directive has been approved which outlines licensi. . .
The Ethiopian Government plans to Export Electricity to Tanzania via Kenya
Posted on :Thursday , 5th December 2024
Ethiopia intends to export 100 megawatts of electricity to Tanzania via Kenya as part of an expanding push to trade electricity across international borders. Following agreements that make it easier to transmit power across the three countries, Ethiopian Electric Power (EEP) announced the action.
Moges Mekonnen, Director of EEP Communications, said that ongoing negotiations c. . .
Kenyan Government Advances Plans to Build the Country's First Nuclear Power Plant
Posted on :Wednesday , 4th December 2024
Kenya's Nuclear Power and Energy Agency (NuPEA) officials stated that the nation is on schedule to begin building its first nuclear power station by 2027. The facility will start producing electricity by 2034, the organization stated during a parliamentary hearing this month.
As more African nations explore constructing nuclear power plants to provide electricity in response . . .
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