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KenGen to invest on more geothermal amidst underperforming hydropower

ThinkGeoEnergy

KenGen has announced a revamped plan to generate more electricity from geothermal power plants in the face of low water inflows being experienced at their large hydropower stations. The Masinga Dam, Kenya’s largest hydropower dam, recorded a water level of 1039.42 mASL as of 6 November 2023. Peter Njenga.

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IRENA reports 22% lower LCOE of geothermal power in 2022

ThinkGeoEnergy

Between 2021 and 2022, the global weighted average levelized cost of electricity (LCOE) of ten newly commissioned geothermal projects fell by 22% to USD 0.056 kWh. This statistic was reported by the International Renewable Energy Agency (IRENA) in their newly published document, “Renewable Power Generation Costs in 2022.”

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Kenya Electricity Generating Company Limited - KenGen Steps Up Geothermal to Curb Suppressed Inflows at the Large Hydropower Dams

Global Renewable News

Kenya Electricity Generating Company PLC (KenGen) has announced a revamped plan to step up electricity generation from geothermal power plants in a strategic move to cushion Kenyans from the effects o.

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Kenya Electricity Generating Company Limited - KenGen Steps Up Geothermal to Curb Suppressed Inflows at the Large Hydropower Dams

Global Renewable News

Kenya Electricity Generating Company PLC (KenGen) has announced a revamped plan to step up electricity generation from geothermal power plants in a strategic move to cushion Kenyans from the effects o.

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Renewables Catching Nuclear Power In Global Energy Race

R-Squared Energy

The former consists of hydropower, which has been around for a long time. Hydropower still produces more electricity globally than the Renewables category, which consists primarily of rapidly-growing wind and solar power, as well as more mature renewable technologies like geothermal power and power produced from biomass.

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The COP28 pledge to triple up by 2030 and implications for geothermal

ThinkGeoEnergy

Global installed renewable electricity generation capacity in the 1.5°C C Scenario, 2022 and 2030 (source: IRENA, “Tripling renewable power and doubling energy efficiency by 2030: Crucial steps towards 1.5°C”) The case for geothermal Currently, geothermal accounts for only about 0.5%

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Canada’s geothermal energy opportunity

Renewable Energy World

Recently, there has been significant investment by both the federal and provincial governments supporting the deployment of geothermal technologies, which in turn is fueling the growth in commercial-scale geothermal power production. Not only is geothermal energy renewable, it is also reliable.

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