Money Markets
Erratic power supply costs Kenyan economy billions of shillings
A blackout. Kenya is losing billions of shillings because of the current erratic power supply. / Illustration by: J. Barasa
By George Omondi
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Posted Friday, August 28 2009 at 00:00
Posted Friday, August 28 2009 at 00:00
Mauritius, whose sugar companies’ co-generation projects meet over 20 per cent of the country’s electricity demand, provides a very good example of highly successful use of co-generation to limit investment in oil-fired thermal generation.
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We never learned from South Africa's lesson. Two years ago SA was in trouble and had to scale down mining operations. They told of the grimm fortunes that await their region for the next thirty years. In East Africa, we have no cheap energy sources, so yet again 2020 like 2000 before it is just another pipe dream.
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