Browsing: East African Power Pool (EAPP)

East Africa Energy Potential
  • Kenya National Oil Corporation CEO Gideon Morintat will lead talks on the untapped potential of East African energy market in October forum.
  • With 1.4 billion barrels of recoverable crude oil reserves and significant gas resources, Uganda ranks among Africa’s fastest growing energy markets.
  • In the renewables and power sectors, Uganda is diversifying energy mix by maximizing biomass, nuclear, solar and green hydrogen production.

Kenya’s oil and gas sector may be modest today, but stakeholders are joining forces to harness East Africa’s (EA) energy potential as significant discoveries across countries raise the stakes for investors.

At the upcoming African Energy Week (AEW), which will go on between October 16-20 in Cape Town, Leparan Gideon Morintat, the CEO of the Kenya National Oil Corporation (NOC), will lead discussions on the untapped potential of the East African energy market.

Engaging with a diverse range of investors and project developers, Morintat aims to attract …

Kenya will import 400 Megawatts of power annually from Ethiopia. www.theexchange.africa
  • The hydropower project is worth an estimated US$1.3 billion that will see Ethiopia import 400 Megawatts of power annually.
  • The World Bank approved US$684 million for the power line in 2012- Kenya got US$441 million of the share, and Ethiopia got US$243 million- raising eyebrows why the project has not been completed ten years later.
  • The project started in 2012, but Ethiopia has blamed Kenya for the delays even after several lenders allocated funds for the project.

Kenya Ethiopia Electricity Trade

President Uhuru Kenyatta’s administration has reached a new agreement with Ethiopia to gear up further the purchase of cheap hydropower from Addis Ababa.

The two countries agreed with an Ethiopian delegation, led by Ethiopia’s Minister for Finance, Eyob Tekalign, visiting Nairobi from February 2nd to 4th this year.

The new arrangement was revised on previously signed power trade agreements. The two countries finalised the operational guidelines and procedures and