RE: Kenya11 Feb 2024 15:30
Those investment figures will not go far at all, also is it referring only to property energy consumption or vehicles as well.. property consumption in sunny Kenya is more feasible through solar and battery storage etc but vehicles is a different matter, humans lives are too busy to sit and wait for a charge mid journey etc.. Electric Vehicles sales are stalling, Hertz vehicle rental is selling one third of its EV stock and reinvesting the funds into fossil fuel vehicles, General Motors announced they are scaling back EV production and concentrating on hybrids instead. I work in the electricity distribution industry within the UK and you would be surprised how many smaller scale gas turbine electricity generation sites are being constructed and connected to the grid by privately funded companies, gas costs per kWh circa one quarter of the price of 1 kWh of electricity. So there is a healthy profit for the generation companies after burning the gas (fossil fuel) and converting it to electricity. Kenya is not really a developed country so to support any significant growth in towns and city’s, they are going to need fossil fuels to meet any significant growth in demand. In the UK there is also privately owned battery storage sites where electricity is bought cheaper off peak and sold back to the grid at a higher price at peak times of the day. You will not get built up developed countries fully green. Fossil fuels will be needed for many more decades, and if Kenya does decide to concentrate on green for domestic use, it doesn’t stop them exporting any oil extracted to fund developing their nation through the tax revenues generated.