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🔮 Outlook on KENGEN AND KPLC
Kenya's energy sector is poised for a transformative decade, with strong policy frameworks and international support paving the way for a sustainable, inclusive, and resilient energy future. The country's leadership in renewable energy, particularly geothermal, positions it as a model for clean energy development in Africa.
Kenya's energy sector is undergoing a significant transformation, aiming to achieve universal electricity access by 2030 and net-zero emissions by 2050. This transition is guided by comprehensive policies and substantial investments in renewable energy.

Strategic Vision and Policy Framework
The Kenya Energy Transition and Investment Plan (ETIP) 2023–2050 outlines the nation's commitment to a clean energy future. Launched in November 2024, the ETIP targets a 100% renewable energy grid by 2030 and net-zero emissions by 2050. It identifies key sectors for transformation, including power generation, transport, industry, cooking, and green hydrogen production. Achieving these goals is projected to require approximately USD 600 billion in investments by 2050 .
Complementing the ETIP, the National Energy Policy 2025–2034 focuses on optimizing renewable energy use, ensuring energy security, and promoting equitable access to energy services .

⚡ Renewable Energy Expansion
Geothermal Energy: Kenya leads Africa in geothermal energy production, with geothermal sources accounting for approximately 47% of the country's electricity. Notable projects include:
• Menengai III Geothermal Power Station: A 35 MW plant commissioned in August 2023
• Menengai II Geothermal Power Station: A 35 MW facility under construction, expected to be operational by 2025
• Olkaria VI Geothermal Power Station: A 140 MW plant projected to be commissioned in 2024 .
Solar Energy: The

Solar Energy: The solar sector is experiencing rapid growth, with projections indicating an installed capacity of 407.4 MW by 2025. This expansion is driven by favorable policies and increased investment in utility-scale solar projects .
Innovative Projects:
• KenGen Floating Solar Power Station: A planned 42.5 MW floating solar farm on Kamburu Dam, expected to commence construction in the second half of 2024
• Kakamega Waste-to-Energy Plant: A 10 MW facility utilizing solid waste to generate electricity, aiming to address both energy and waste management challenges

🌍 International Collaborations and Investments
Kenya's energy ambitions are supported by international partnerships. During President William Ruto's state visit to Washington in 2024, significant investments were announced, including a $1 billion geothermal-powered data center by Microsoft and G42 . Additionally, the U.S. International Development Finance Corporation plans to open a Nairobi office to support various sectors, including energy.

Nairobi Security Exchange Performance

The Nairobi Security Exchange has shown a positive performance recently

The Nairobi Securities Exchange (NSE) in Kenya has shown a positive performance recently. Here are some key statistics:

- NSE All Share Index (NASI): The benchmark index moved up 1.01 points (0.68%) to close at 148.50, representing a year-to-date gain of 20.26%.
- NSE 20 Share Index: This index rose by 24.12 points (1.05%) to 2,318.17.
- NSE 25 Share Index: It increased by 24.02 points (0.63%) to 3,818.82.
- Market Capitalization: The current market capitalization of the NSE is KES 2.32 trillion.
Some of the top gainers include ¹:
- Longhorn Publishers: 9.06% share price appreciation, closing at KES 2.89 per share
- Eaagads: 6.9% increase, closing at KES 12.40 per share
- Kenya Power & Lighting Company: 6.84% rise, closing at KES 9.68 per share

In terms of trading activity:
- Total Shares Traded: 14,326,100 shares were traded in 1,433 deals, corresponding to a market value of KES 232,513,455.00, showing an 11% decline in volume

NSE 10,25,20 SHARE INDEX

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All in one News's image
All in one News's image