Overview on history on Kenya’s GDC
The history and main highlights of the Geothermal Development Company (GDC) in Kenya are described in detail in a recent article published in Business Excellence.
Business Excellence has recently published a very interesting article covering the history behind Geothermal Development Company (GDC) in Kenya, the fully government owned firm that aims to make the best use of the country’s geothermal potential.
In the article it is stated that “GDC came about as a result of the Kenyan Government’s policy on energy, which un-bundled all of the key players in the electricity sector in order to ensure greater efficiency. GDC’s role from day one has been very much tied to Kenya’s Vision 2030 initiative, one which it expects to contribute towards Kenya becoming a stable middle income economy. In order to attain Vision 2030, the government wants to be able to reach a scenario where the country is able to generate 15,000MW of electricity annually, 5,000MW of which it expects to be derived through geothermal means. This will require a significant step up from Kenya’s existing total effective installed capacity of 1,533MW.”
To read the full article, which is also available in ISSUU, please follow the link below:
Source: Business Excellence Website