NAIROBI, Kenya, April 11 – Kenya’s energy market is still dominated by KenGen, which holds a commanding share of 62.24 percent owing to its robust infrastructure and diverse power generation assets.
According to the EPRA’s Energy and Petroleum Statistics Report for the financial year 2023-2024, most of KenGen’s plants, particularly in geothermal energy, boast high availability due to their base load capacity.
“Lake Turkana Wind Power (LTWP) plant held a notable market share of 10.25%. Imports recorded a significant increase in market share, from 4.49% as of June 2023 to 6.19%,” noted the report.
Orpower had a market share of 6.26 percent, Kipeto Energy Plc had 3.45 percent, Rabai Power had 3.18 percent, Sosian Geothermal had 1.90 percent, and Thika Power had 1.42 percent, respectively.
Other players like Kenya Solar Farm, Selenkei Solar Farm, Cedate Malindi Solar Group, Gulf Power, and Garissa Solar also contribute to the market, albeit with smaller shares.
Kenya Power determines market share based on energy purchases from various power producers by the off-taker.
