KenGen earns Sh2.6 billion from commercial innovation

 KenGen earns Sh2.6 billion from commercial innovation

KENGEN CEO, REBECCA MIANO. IMAGE/COURTESY

Kenya Electricity Generating Company PLC (KenGen) has so far earned Sh2.6 billion in revenues from commercial innovation initiatives over the last nine years.

This emerged as the company held its 9th Global Innovation Seminar virtually for two days ending today. It also emerged that the company made savings to the tune of Sh1.3 billion drawn from process improvement and implementation of continuous improvement ideas.

Chief Administrative Secretary (CAS) in the Ministry of Energy Zachary Ayieko urged the company to continue with its tradition of generating ideas adding that their candle will be used to light the way for other players.

He challenged the energy sector to continue harnessing natural resources efficiently to not only avail clean power but also assure Kenyans of its reliability.

Every year, since 2012, KenGen has held the Global Innovation Seminar that has a special focus on business growth driven by idea generation, creativity, and continuous improvement.

The forum brings together employees, local, and international stakeholders. Delegates deliberate and discuss innovative ideas, geared towards enhancing the organization’s value proposition and service offering as it continues to execute its mandate and core objectives.

“I look forward to proposals aimed at improving the generation process, reducing overall electricity cost along the supply chain or adding efficiency solutions such as storage of energy as this is what our country is in dire need of,” the CAS said.

FIRST SOLAR PROJECT

KenGen MD Rebecca Miano said the organization is making good progress to bring onboard its first solar project of 42MW which may in future be coupled with its existing hydro generation to efficiently utilize both resources.

“This is in line with our pursuit for green, sustainable energy, aimed at positively exploiting the available resources while reducing the country’s thermal power bill,” she said.

She reiterated that currently, the company is on track to commission the Olkaria  I Unit 6 geothermal power plant later this year, adding that at 83.3MW, it will be the single largest geothermal generating unit in Africa.

“This power plant is an extension of Olkaria I Units 4 and 5 means that when complete the power plant will be a 233MW geothermal giant.

“This addition will push our installed capacity to 1.9GW, double the 956MW KenGen had when we embarked on our ‘Good to Great’ journey in 2008 and only 100MW shy of the two Gigawatts mark,” she said.

FOCUS ON EFFICIENCY

KenGen board chairman Samson Mwathethe said the firm’s focus shall be on efficiency to ensure prudent utilization of resources, resilience in line with the innovation seminar theme and delivering on the promises we make to ourselves and others.

“The national clean energy percentage of 92.5 per cent is borne heavily by the 1,565MW of renewable sources that KenGen has invested in and we shall continue to focus the industry’s efforts on bringing on board sustainable energy at minimal cost to allow for mutually beneficial power purchase agreements,” he said.

Currently, KenGen has registered three patents with 37 under application, 12 trademarks with 12 being under application, 89 copyrights with 67 being under application and three utility models under the application.

Abel

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