Stakeholders come together to promote Kenya’s green economy.
Kenya Association of manufacturers (KAM) brought together all stakeholders in the energy sector with the aim of promoting Kenya’s green economy.
The forum, themed Captive Energy Mix: The Future of Industrial Energy, looked at sustainable energy options and explored ways of financing manufacturers’ initiatives towards a green economy.
The Secretary, Renewable Energy Directorate in the Ministry of Energy and Petroleum, Eng. Isaac Kiva noted that the government is keen on creating an enabling environment for investment in sustainable energy.
“The government is prioritizing renewable energy, in line Vision 2030. The Energy Bill, that has been presented to Parliament, also includes the promotion of renewable energy and regulation of transmission charges with the aim of lowering electricity tariffs,” added Eng. Kiva.
Speaking during the forum on Thursday, KAM Chief Executive, Ms. Phyllis Wakiaga noted that identifying more environmentally and socially sound development options is essential to meet Africa’s biggest challenges and to sustain development gains.
“The Association seeks to increase the manufacturing sector’s contribution to 15% by 2022, in line with the Government’s Big 4 Agenda, which has prioritized the manufacturing sector as the major contributor to the growth of our GDP. Kenya’s industry players today and in future will need competitive tariff rates, competitive trading environment and above all cleaner energy sources. Incentives in green energy sources are therefore very important in sustainable green growth,” added Ms. Wakiaga.
Kenya Power Managing Director and CEO, Dr. Ken Tarus recognized the efforts made in championing energy efficiency.
“The Company recognizes efforts made by KAM in championing energy efficiency initiatives among its members and we are keen on partnering in keeping costs low. We aim at providing least-cost energy to our industries by deferring non-effective commitments for intermittent renewables and introduce flexible generation in the mix,” added Dr. Tarus.