Home SK - Stocks, Property, Investment Chamas - Investment Groups BIZ - Small Business Soko - Market Wazua Life About Wazua
SIGN IN REGISTER
Saturday, Feb 29, 2020
Investor
We’re investing funds for profit. Join us and wazua!
LATEST DISCUSSIONS
Elliott Wave Analysis Of The NSE 20 [3298]
Kenya Airways...why ignore.. [14330]
KenGen HY 2019 [458]
Uchumi - A value play? [496]
Mumias Sugar huge demand [2815]
Unga Group FY 2019 profit down 30% [6]
Tesla stock [28]
Madness at the NSE [2071]
Treasury Bills and Bonds [1345]
StanChart [4]
Kenya Power FY 2017/2018 [353]
Kenya Re - 2018 and beyond [291]
Coop Bank 2019 [72]
First World Markets Shenanigans [11]
Sanlam Kenya [10]
 
Forum Jump
Welcome Guest Search | Active Topics | Log In | Register

18 Pages«<1415161718>
Kenya Power FY 2017/2018
jmbada
#301 Posted : Thursday, January 10, 2019 11:02:47 AM
Rank: Member


Joined: 1/1/2011
Posts: 393
Fyatu wrote:
Ericsson wrote:
https://www.businessdailyafrica.com/economy/Power-consumption-dips-to-five-year-low/3946234-4923468-15aiek8/index.html

Homes and factories in Nairobi for the first time since 2013 cut their electricity consumption, signaling reduced economic activity in the capital.

Kenya Power data show electricity consumption in the city in the year to June dropped to 3.83 billion kilowatt hours (kWh) from 3.913 billion in similar period a year earlier, pulled down by large commercial users and domestic consumers.

Nairobi’s consumption of power by city’s commercial and industrial users dropped to 1.44 billion units from 1.6 billion the previous year while that of households dropped to below a billion to 779 million kWh, down from 1.119 billion—reflecting a 12.5 per cent drop.



These are cheap lies peddled by corrupt Jubilee government. I can tell you for a fact that more than 20 ugly flats with 60 single rooms each were erected in Mathare North alone leave alone Lucky summer, pipeline, Huruma, Pangani etc within the stated period. All these are connected to electricity. No amount of hekaya za abunuasi can fool me that electricity consumption went down. Jubilee should tell Kenyans kibaga ubaga where Kenya power revenues(monopoly) disappear to

The source and uses of KPLC are in their audited financials and acxompanying notes. New completions of construction can be used as a proxy for growth, but not fully. The units may be unoccuppied, users may be using alternatives for energy (eg solar for heating) and industrial firms may have cut back significantly on consumption.
Ericsson
#302 Posted : Thursday, February 07, 2019 9:48:26 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,070
Location: NAIROBI
In today's Nation newspaper,kenya power has published new tariffs.
Anyone with a copy to post here and what will be the effect in share price
Ebenyo
#303 Posted : Friday, February 08, 2019 12:12:00 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,793
Location: Kitale
Ericsson wrote:
In today's Nation newspaper,kenya power has published new tariffs.
Anyone with a copy to post here and what will be the effect in share price



The market responded positively to the news.
Towards the goal of financial freedom
mlennyma
#304 Posted : Friday, February 08, 2019 12:17:41 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,006
Location: nairobi
Ebenyo wrote:
Ericsson wrote:
In today's Nation newspaper,kenya power has published new tariffs.
Anyone with a copy to post here and what will be the effect in share price



The market responded positively to the news.

volume surge
"Don't let the fear of losing be greater than the excitement of winning."
KaunganaDoDo
#305 Posted : Friday, February 08, 2019 3:42:55 PM
Rank: Member


Joined: 8/6/2018
Posts: 228
Ericsson wrote:
In today's Nation newspaper,kenya power has published new tariffs.
Anyone with a copy to post here and what will be the effect in share price


There are no new tariff. its just a clarification on how domestic customers and small commercial can shift from categories 1 to 2 and vice versa
kawi254
#306 Posted : Monday, January 27, 2020 2:45:56 PM
Rank: Member


Joined: 2/20/2015
Posts: 367
Location: Nairobi
KaunganaDoDo wrote:
tandich wrote:
KaunganaDoDo wrote:
kawi254 wrote:
Ericsson wrote:
https://www.standardmedia.co.ke/business/article/2001301346/turkana-project-to-earn-firm-billions
Lake Turkana Wind Power project (LTWP) will now sell electricity to Kenya Power at a 50 per cent discounted rate, it has emerged. The arrangement, however, comes with a rider that the power distributor’s purchases from the firm’s Marsabit wind farm will have to cross a certain threshold.
This could undercut other power producers as a 50 per cent discount would reduce the per unit cost of electricity to about Sh4.4 from Sh8.8 (7.53 Euro cents).
t is also comparable to the cost of hydroelectricity, currently the cheapest, at about Sh3 and geothermal at Sh7 per unit. Kenya Power will, however, have to purchase close to 1.5 billion units of electricity before it can start to enjoy the 50 per cent discount on the current tariff. According to LTWP, at the current rate of power generation by the plant and purchase trends by Kenya Power, the electricity distributor can cross the threshold in 10 months. “Whenever power purchase reaches 1.46 terawatt hours at any point during the year (about 1.46 billion kilowatt-hours), we will sell electricity to Kenya Power at half the price for the remainder of the year,” said Rizwan Fazal director at LTWP.
“In the interest of that, KPLC should try and reach this threshold as quickly as possible.” At a rate of Sh8.8 per unit, it would mean the wind plant will have earned more than Sh11.2 billion per year before it can start selling power at the discounted tariff. It is not clear whether Kenya Power would pass the benefits to power consumers considering the Power Purchase Agreement (PPA) with LTWP sets the tariff at Sh8.8 per KWh. There are, however, clauses on the discount once the 1.46 billion KWh threshold is achieved.


The PPA was 'take or pay'so not sure why there is a target for KPLC to reach the 1.46 billion Kwh threshold..they are bound to buy all the power LTWP generates (unless there has been a renegotiation of PPA)


Due to fluctuating wind power i.e one moment is generating 200Mw when windspeed is high and next moment is generating 50Mw when wind speed low KPLC has to maintain a 'spinning reserve i.e contract a diesel generator' to be running their diesel engines to be able to cover the shortfall in a moments notice so as not to destabilize the grid.... now this spinning reserve has a cost!


The take or pay (Deemed level of generation) is at 55% load factor, which translates to 1.445 billion units per year. Above these units, KPLC is not obligated to buy from LTWP...The current wind speed is higher than originally thought, so LTWP has shown that they are able to do around 66% load factor...thus any units above 1.445 billion threshold is not take or pay


Any idea why they have priced the additional units at half-price?


Its either half price or you flash it down as waste



From KNBS December 2019 statistics, KPLC bought only 45.57 Gwh from LTWP down from a high of 146.23 Gwh in June 2019.

Looks like the half price rate was never agreed to by KPLC and they are actually flushing the excess generated units from LTWP....

What happens though with excess LTWP generated energy? Do they stop the wind turbines?
KaunganaDoDo
#307 Posted : Monday, January 27, 2020 3:07:56 PM
Rank: Member


Joined: 8/6/2018
Posts: 228
kawi254 wrote:
KaunganaDoDo wrote:
tandich wrote:
KaunganaDoDo wrote:
kawi254 wrote:
Ericsson wrote:
https://www.standardmedia.co.ke/business/article/2001301346/turkana-project-to-earn-firm-billions
Lake Turkana Wind Power project (LTWP) will now sell electricity to Kenya Power at a 50 per cent discounted rate, it has emerged. The arrangement, however, comes with a rider that the power distributor’s purchases from the firm’s Marsabit wind farm will have to cross a certain threshold.
This could undercut other power producers as a 50 per cent discount would reduce the per unit cost of electricity to about Sh4.4 from Sh8.8 (7.53 Euro cents).
t is also comparable to the cost of hydroelectricity, currently the cheapest, at about Sh3 and geothermal at Sh7 per unit. Kenya Power will, however, have to purchase close to 1.5 billion units of electricity before it can start to enjoy the 50 per cent discount on the current tariff. According to LTWP, at the current rate of power generation by the plant and purchase trends by Kenya Power, the electricity distributor can cross the threshold in 10 months. “Whenever power purchase reaches 1.46 terawatt hours at any point during the year (about 1.46 billion kilowatt-hours), we will sell electricity to Kenya Power at half the price for the remainder of the year,” said Rizwan Fazal director at LTWP.
“In the interest of that, KPLC should try and reach this threshold as quickly as possible.” At a rate of Sh8.8 per unit, it would mean the wind plant will have earned more than Sh11.2 billion per year before it can start selling power at the discounted tariff. It is not clear whether Kenya Power would pass the benefits to power consumers considering the Power Purchase Agreement (PPA) with LTWP sets the tariff at Sh8.8 per KWh. There are, however, clauses on the discount once the 1.46 billion KWh threshold is achieved.


The PPA was 'take or pay'so not sure why there is a target for KPLC to reach the 1.46 billion Kwh threshold..they are bound to buy all the power LTWP generates (unless there has been a renegotiation of PPA)


Due to fluctuating wind power i.e one moment is generating 200Mw when windspeed is high and next moment is generating 50Mw when wind speed low KPLC has to maintain a 'spinning reserve i.e contract a diesel generator' to be running their diesel engines to be able to cover the shortfall in a moments notice so as not to destabilize the grid.... now this spinning reserve has a cost!


The take or pay (Deemed level of generation) is at 55% load factor, which translates to 1.445 billion units per year. Above these units, KPLC is not obligated to buy from LTWP...The current wind speed is higher than originally thought, so LTWP has shown that they are able to do around 66% load factor...thus any units above 1.445 billion threshold is not take or pay


Any idea why they have priced the additional units at half-price?


Its either half price or you flash it down as waste



From KNBS December 2019 statistics, KPLC bought only 45.57 Gwh from LTWP down from a high of 146.23 Gwh in June 2019.

Looks like the half price rate was never agreed to by KPLC and they are actually flushing the excess generated units from LTWP....

What happens though with excess LTWP generated energy? Do they stop the wind turbines?


The threshold of 1.445 billion units (from January) was reached towards the end of November...from there to end of December, KPLC is not obligated to buy and or pay...and the 45.57M units are only at half price...it all comes down to marginal costs...even at half price(around 5 bob) its still expensive than KenGen geothermal Margina Cost(at around 2.3 bob)..so more Geo thermals are run....The wind Turbines continue running and getting Flushed down the Toilet..I...
kawi254
#308 Posted : Monday, January 27, 2020 3:35:28 PM
Rank: Member


Joined: 2/20/2015
Posts: 367
Location: Nairobi
KaunganaDoDo wrote:
kawi254 wrote:
KaunganaDoDo wrote:
tandich wrote:
KaunganaDoDo wrote:
kawi254 wrote:
Ericsson wrote:
https://www.standardmedia.co.ke/business/article/2001301346/turkana-project-to-earn-firm-billions
Lake Turkana Wind Power project (LTWP) will now sell electricity to Kenya Power at a 50 per cent discounted rate, it has emerged. The arrangement, however, comes with a rider that the power distributor’s purchases from the firm’s Marsabit wind farm will have to cross a certain threshold.
This could undercut other power producers as a 50 per cent discount would reduce the per unit cost of electricity to about Sh4.4 from Sh8.8 (7.53 Euro cents).
t is also comparable to the cost of hydroelectricity, currently the cheapest, at about Sh3 and geothermal at Sh7 per unit. Kenya Power will, however, have to purchase close to 1.5 billion units of electricity before it can start to enjoy the 50 per cent discount on the current tariff. According to LTWP, at the current rate of power generation by the plant and purchase trends by Kenya Power, the electricity distributor can cross the threshold in 10 months. “Whenever power purchase reaches 1.46 terawatt hours at any point during the year (about 1.46 billion kilowatt-hours), we will sell electricity to Kenya Power at half the price for the remainder of the year,” said Rizwan Fazal director at LTWP.
“In the interest of that, KPLC should try and reach this threshold as quickly as possible.” At a rate of Sh8.8 per unit, it would mean the wind plant will have earned more than Sh11.2 billion per year before it can start selling power at the discounted tariff. It is not clear whether Kenya Power would pass the benefits to power consumers considering the Power Purchase Agreement (PPA) with LTWP sets the tariff at Sh8.8 per KWh. There are, however, clauses on the discount once the 1.46 billion KWh threshold is achieved.


The PPA was 'take or pay'so not sure why there is a target for KPLC to reach the 1.46 billion Kwh threshold..they are bound to buy all the power LTWP generates (unless there has been a renegotiation of PPA)


Due to fluctuating wind power i.e one moment is generating 200Mw when windspeed is high and next moment is generating 50Mw when wind speed low KPLC has to maintain a 'spinning reserve i.e contract a diesel generator' to be running their diesel engines to be able to cover the shortfall in a moments notice so as not to destabilize the grid.... now this spinning reserve has a cost!


The take or pay (Deemed level of generation) is at 55% load factor, which translates to 1.445 billion units per year. Above these units, KPLC is not obligated to buy from LTWP...The current wind speed is higher than originally thought, so LTWP has shown that they are able to do around 66% load factor...thus any units above 1.445 billion threshold is not take or pay


Any idea why they have priced the additional units at half-price?


Its either half price or you flash it down as waste



From KNBS December 2019 statistics, KPLC bought only 45.57 Gwh from LTWP down from a high of 146.23 Gwh in June 2019.

Looks like the half price rate was never agreed to by KPLC and they are actually flushing the excess generated units from LTWP....

What happens though with excess LTWP generated energy? Do they stop the wind turbines?


The threshold of 1.445 billion units (from January) was reached towards the end of November...from there to end of December, KPLC is not obligated to buy and or pay...and the 45.57M units are only at half price...it all comes down to marginal costs...even at half price(around 5 bob) its still expensive than KenGen geothermal Margina Cost(at around 2.3 bob)..so more Geo thermals are run....The wind Turbines continue running and getting Flushed down the Toilet..I...


Thanks @KaunganaDoDo:

I want to understand this 'flushing down the toilet' of excess power i.e where is it going? My little googling talks of shunting the excess power.

I have always wondered why KenGen when reporting Ngong wind power revenues that they are always flat year on year which is impossible from a variable wind energy source....i just gathered that the Ngong Wind turbines were causing grid instability and even though they keep turning that power is not being taken up by Kenya Power so they must have come to agreement between KPLC and KenGen to pay a flat rate?
KaunganaDoDo
#309 Posted : Monday, January 27, 2020 4:17:21 PM
Rank: Member


Joined: 8/6/2018
Posts: 228
kawi254 wrote:
KaunganaDoDo wrote:
kawi254 wrote:
KaunganaDoDo wrote:
tandich wrote:
KaunganaDoDo wrote:
kawi254 wrote:
Ericsson wrote:
https://www.standardmedia.co.ke/business/article/2001301346/turkana-project-to-earn-firm-billions
Lake Turkana Wind Power project (LTWP) will now sell electricity to Kenya Power at a 50 per cent discounted rate, it has emerged. The arrangement, however, comes with a rider that the power distributor’s purchases from the firm’s Marsabit wind farm will have to cross a certain threshold.
This could undercut other power producers as a 50 per cent discount would reduce the per unit cost of electricity to about Sh4.4 from Sh8.8 (7.53 Euro cents).
t is also comparable to the cost of hydroelectricity, currently the cheapest, at about Sh3 and geothermal at Sh7 per unit. Kenya Power will, however, have to purchase close to 1.5 billion units of electricity before it can start to enjoy the 50 per cent discount on the current tariff. According to LTWP, at the current rate of power generation by the plant and purchase trends by Kenya Power, the electricity distributor can cross the threshold in 10 months. “Whenever power purchase reaches 1.46 terawatt hours at any point during the year (about 1.46 billion kilowatt-hours), we will sell electricity to Kenya Power at half the price for the remainder of the year,” said Rizwan Fazal director at LTWP.
“In the interest of that, KPLC should try and reach this threshold as quickly as possible.” At a rate of Sh8.8 per unit, it would mean the wind plant will have earned more than Sh11.2 billion per year before it can start selling power at the discounted tariff. It is not clear whether Kenya Power would pass the benefits to power consumers considering the Power Purchase Agreement (PPA) with LTWP sets the tariff at Sh8.8 per KWh. There are, however, clauses on the discount once the 1.46 billion KWh threshold is achieved.


The PPA was 'take or pay'so not sure why there is a target for KPLC to reach the 1.46 billion Kwh threshold..they are bound to buy all the power LTWP generates (unless there has been a renegotiation of PPA)


Due to fluctuating wind power i.e one moment is generating 200Mw when windspeed is high and next moment is generating 50Mw when wind speed low KPLC has to maintain a 'spinning reserve i.e contract a diesel generator' to be running their diesel engines to be able to cover the shortfall in a moments notice so as not to destabilize the grid.... now this spinning reserve has a cost!


The take or pay (Deemed level of generation) is at 55% load factor, which translates to 1.445 billion units per year. Above these units, KPLC is not obligated to buy from LTWP...The current wind speed is higher than originally thought, so LTWP has shown that they are able to do around 66% load factor...thus any units above 1.445 billion threshold is not take or pay


Any idea why they have priced the additional units at half-price?


Its either half price or you flash it down as waste



From KNBS December 2019 statistics, KPLC bought only 45.57 Gwh from LTWP down from a high of 146.23 Gwh in June 2019.

Looks like the half price rate was never agreed to by KPLC and they are actually flushing the excess generated units from LTWP....

What happens though with excess LTWP generated energy? Do they stop the wind turbines?


The threshold of 1.445 billion units (from January) was reached towards the end of November...from there to end of December, KPLC is not obligated to buy and or pay...and the 45.57M units are only at half price...it all comes down to marginal costs...even at half price(around 5 bob) its still expensive than KenGen geothermal Margina Cost(at around 2.3 bob)..so more Geo thermals are run....The wind Turbines continue running and getting Flushed down the Toilet..I...


Thanks @KaunganaDoDo:

I want to understand this 'flushing down the toilet' of excess power i.e where is it going? My little googling talks of shunting the excess power.

I have always wondered why KenGen when reporting Ngong wind power revenues that they are always flat year on year which is impossible from a variable wind energy source....i just gathered that the Ngong Wind turbines were causing grid instability and even though they keep turning that power is not being taken up by Kenya Power so they must have come to agreement between KPLC and KenGen to pay a flat rate?


There is the turbines and the the generator...the turbines can be turning but the link to the generator is off..so the generator will not generate electricity...KenGen ngong mill were not installed well, directionwise, most of the turbines are static...KenGen hasnt made much money from the Turbines installed in Ngong 1....Phase 2 is good...

It not Ngong Wind Turbines per se, but all intermittent sources of energy...WIND, SOLAR cause grid instability, especially WIND...Lake Turkana Wind at can swing from 300MWh to 32MWh in 20 minutes....Imagine what can happen if this swing is not provided for with another standby generator, like Hydro or Thermal Plant? Whenever you have 300MW of wind, you need an equivalent source from Thermal and or Hydro to synchronize instantaneously...called Ramping up...

KenGen didnt get a good deal with their Ngong wind 1 PPA.......i think its the problems associated with FIRST MOVERS DISADVANTAGES.....It was the first large scale grid wind PPA so there were alot of noncomformities

kawi254
#310 Posted : Monday, January 27, 2020 9:23:11 PM
Rank: Member


Joined: 2/20/2015
Posts: 367
Location: Nairobi
KaunganaDoDo wrote:
kawi254 wrote:
KaunganaDoDo wrote:
kawi254 wrote:
KaunganaDoDo wrote:
tandich wrote:
KaunganaDoDo wrote:
kawi254 wrote:
Ericsson wrote:
https://www.standardmedia.co.ke/business/article/2001301346/turkana-project-to-earn-firm-billions
Lake Turkana Wind Power project (LTWP) will now sell electricity to Kenya Power at a 50 per cent discounted rate, it has emerged. The arrangement, however, comes with a rider that the power distributor’s purchases from the firm’s Marsabit wind farm will have to cross a certain threshold.
This could undercut other power producers as a 50 per cent discount would reduce the per unit cost of electricity to about Sh4.4 from Sh8.8 (7.53 Euro cents).
t is also comparable to the cost of hydroelectricity, currently the cheapest, at about Sh3 and geothermal at Sh7 per unit. Kenya Power will, however, have to purchase close to 1.5 billion units of electricity before it can start to enjoy the 50 per cent discount on the current tariff. According to LTWP, at the current rate of power generation by the plant and purchase trends by Kenya Power, the electricity distributor can cross the threshold in 10 months. “Whenever power purchase reaches 1.46 terawatt hours at any point during the year (about 1.46 billion kilowatt-hours), we will sell electricity to Kenya Power at half the price for the remainder of the year,” said Rizwan Fazal director at LTWP.
“In the interest of that, KPLC should try and reach this threshold as quickly as possible.” At a rate of Sh8.8 per unit, it would mean the wind plant will have earned more than Sh11.2 billion per year before it can start selling power at the discounted tariff. It is not clear whether Kenya Power would pass the benefits to power consumers considering the Power Purchase Agreement (PPA) with LTWP sets the tariff at Sh8.8 per KWh. There are, however, clauses on the discount once the 1.46 billion KWh threshold is achieved.


The PPA was 'take or pay'so not sure why there is a target for KPLC to reach the 1.46 billion Kwh threshold..they are bound to buy all the power LTWP generates (unless there has been a renegotiation of PPA)


Due to fluctuating wind power i.e one moment is generating 200Mw when windspeed is high and next moment is generating 50Mw when wind speed low KPLC has to maintain a 'spinning reserve i.e contract a diesel generator' to be running their diesel engines to be able to cover the shortfall in a moments notice so as not to destabilize the grid.... now this spinning reserve has a cost!


The take or pay (Deemed level of generation) is at 55% load factor, which translates to 1.445 billion units per year. Above these units, KPLC is not obligated to buy from LTWP...The current wind speed is higher than originally thought, so LTWP has shown that they are able to do around 66% load factor...thus any units above 1.445 billion threshold is not take or pay


Any idea why they have priced the additional units at half-price?


Its either half price or you flash it down as waste



From KNBS December 2019 statistics, KPLC bought only 45.57 Gwh from LTWP down from a high of 146.23 Gwh in June 2019.

Looks like the half price rate was never agreed to by KPLC and they are actually flushing the excess generated units from LTWP....

What happens though with excess LTWP generated energy? Do they stop the wind turbines?


The threshold of 1.445 billion units (from January) was reached towards the end of November...from there to end of December, KPLC is not obligated to buy and or pay...and the 45.57M units are only at half price...it all comes down to marginal costs...even at half price(around 5 bob) its still expensive than KenGen geothermal Margina Cost(at around 2.3 bob)..so more Geo thermals are run....The wind Turbines continue running and getting Flushed down the Toilet..I...


Thanks @KaunganaDoDo:

I want to understand this 'flushing down the toilet' of excess power i.e where is it going? My little googling talks of shunting the excess power.

I have always wondered why KenGen when reporting Ngong wind power revenues that they are always flat year on year which is impossible from a variable wind energy source....i just gathered that the Ngong Wind turbines were causing grid instability and even though they keep turning that power is not being taken up by Kenya Power so they must have come to agreement between KPLC and KenGen to pay a flat rate?


There is the turbines and the the generator...the turbines can be turning but the link to the generator is off..so the generator will not generate electricity...KenGen ngong mill were not installed well, directionwise, most of the turbines are static...KenGen hasnt made much money from the Turbines installed in Ngong 1....Phase 2 is good...

It not Ngong Wind Turbines per se, but all intermittent sources of energy...WIND, SOLAR cause grid instability, especially WIND...Lake Turkana Wind at can swing from 300MWh to 32MWh in 20 minutes....Imagine what can happen if this swing is not provided for with another standby generator, like Hydro or Thermal Plant? Whenever you have 300MW of wind, you need an equivalent source from Thermal and or Hydro to synchronize instantaneously...called Ramping up...

KenGen didnt get a good deal with their Ngong wind 1 PPA.......i think its the problems associated with FIRST MOVERS DISADVANTAGES.....It was the first large scale grid wind PPA so there were alot of noncomformities



Thank you again. If i had the power i would appoint you to the board of KenGen and/or Kenya Power to represent minority shareholders because you know your stuff.
Ericsson
#311 Posted : Monday, February 10, 2020 5:02:31 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,070
Location: NAIROBI
Google Abandons Plans to Buy Stake in Africa’s Biggest Wind Park
Vestas Wind Systems A/S is shopping for a new buyer for its 12.5% stake in Africa’s largest wind farm after Google dropped plans to purchase it following project delays.
The Danish turbine manufacturer blamed the Alphabet Inc. unit’s decision to pull out on “delays relating primarily to the transmission line” for the $679 million Lake Turkana Wind Power project in Kenya. The 310 megawatt farm’s high-voltage link to the grid, scheduled for completion in October 2016, was delayed by two years after contractors were changed.

“As Vestas’ strategy doesn’t include being a long-term wind park owner, we’re currently in commercial dialogue with potential buyers of our shares,” spokesman Anders Riis said in an emailed response to questions.

LTWP would have been Google’s second renewable energy investment on the continent after the Jasper solar project in South Africa’s Northern Cape in 2013. Alphabet did not immediately respond to an email seeking comment.

The Kenyan wind power park cost 620 million euros ($679 million). The Kenyan government was forced to pay 85.6 million euros in compensation to LTWP for the delays.

Source Bloomberg
https://www.bloomberg.co...ic&utm_medium=social
Angelica _ann
#312 Posted : Monday, February 10, 2020 5:28:54 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,214
The burning that is coming here, wacha tu. Jump while you can. Jubilee sio Kibaki. You were warned prior.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
sparkly
#313 Posted : Monday, February 10, 2020 5:41:25 PM
Rank: Elder


Joined: 9/23/2009
Posts: 7,588
Location: Enk are Nyirobi
Angelica _ann wrote:
The burning that is coming here, wacha tu. Jump while you can. Jubilee sio Kibaki. You were warned prior.



Reason being?
Life is short. Live passionately.
Angelica _ann
#314 Posted : Monday, February 10, 2020 6:20:30 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,214
sparkly wrote:
Angelica _ann wrote:
The burning that is coming here, wacha tu. Jump while you can. Jubilee sio Kibaki. You were warned prior.



Reason being?


Political patronage (last mile), debt and management.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Extraterrestrial
#315 Posted : Monday, February 10, 2020 10:19:20 PM
Rank: Member


Joined: 11/17/2018
Posts: 120
Location: Mars
New tariffs, gazetted by the industry’s regulator on Friday sees commercial and industrial consumers metered by Kenya Power at 220,000 volts per post-paid billing period pay Ksh.7.99 for every unit consumed.
Consumers will further account for a lesser Ksh.3.99 for each unit of power consumed outside peak hours with the demand charge per kilovolt amperes (kVA) being set at Ksh.200.


https://citizentv.co.ke/...f-adjustment-320050/?amp
Ericsson
#316 Posted : Tuesday, February 11, 2020 9:22:23 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,070
Location: NAIROBI
[quote=Extraterrestrial]New tariffs, gazetted by the industry’s regulator on Friday sees commercial and industrial consumers metered by Kenya Power at 220,000 volts per post-paid billing period pay Ksh.7.99 for every unit consumed.
Consumers will further account for a lesser Ksh.3.99 for each unit of power consumed outside peak hours with the demand charge per kilovolt amperes (kVA) being set at Ksh.200.


https://citizentv.co.ke/...-adjustment-320050/?amp[/quote]

The government has woken up to the reality that there are no industries to consume the power been generated
KaunganaDoDo
#317 Posted : Wednesday, February 12, 2020 8:13:45 AM
Rank: Member


Joined: 8/6/2018
Posts: 228
[quote=Extraterrestrial]New tariffs, gazetted by the industry’s regulator on Friday sees commercial and industrial consumers metered by Kenya Power at 220,000 volts per post-paid billing period pay Ksh.7.99 for every unit consumed.
Consumers will further account for a lesser Ksh.3.99 for each unit of power consumed outside peak hours with the demand charge per kilovolt amperes (kVA) being set at Ksh.200.


https://citizentv.co.ke/...-adjustment-320050/?amp[/quote]

Currently the highest voltage supplied to customers is at 132KV...So a new cheaper tariff has been developed for supply to new and existing customers at 22KV...There is a catch however, to be eligible, customers will need a minimum demand of 40MWh...

Similarly a new tariff for Naivasha Special Economic Zone has been developed at Ksh 5 /kWh.....which is a third of the current cheapest tariff for existing manufacturers...In all these, KPLC is eating Unleavened Bread!!!!
Superprime1
#318 Posted : Wednesday, February 12, 2020 9:36:07 AM
Rank: Member


Joined: 5/2/2018
Posts: 248
KaunganaDoDo wrote:
[quote=Extraterrestrial]New tariffs, gazetted by the industry’s regulator on Friday sees commercial and industrial consumers metered by Kenya Power at 220,000 volts per post-paid billing period pay Ksh.7.99 for every unit consumed.
Consumers will further account for a lesser Ksh.3.99 for each unit of power consumed outside peak hours with the demand charge per kilovolt amperes (kVA) being set at Ksh.200.


https://citizentv.co.ke/...-adjustment-320050/?amp[/quote]

Currently the highest voltage supplied to customers is at 132KV...So a new cheaper tariff has been developed for supply to new and existing customers at 22KV...There is a catch however, to be eligible, customers will need a minimum demand of 40MWh...

Similarly a new tariff for Naivasha Special Economic Zone has been developed at Ksh 5 /kWh.....which is a third of the current cheapest tariff for existing manufacturers...In all these, KPLC is eating Unleavened Bread!!!!


"Unleavened Bread"!!Laughing out loudly Laughing out loudly @KaungaNaBeans you're hilarious! Could you expound further, please...
Ericsson
#319 Posted : Wednesday, February 12, 2020 12:28:42 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,070
Location: NAIROBI
KaunganaDoDo wrote:
[quote=Extraterrestrial]New tariffs, gazetted by the industry’s regulator on Friday sees commercial and industrial consumers metered by Kenya Power at 220,000 volts per post-paid billing period pay Ksh.7.99 for every unit consumed.
Consumers will further account for a lesser Ksh.3.99 for each unit of power consumed outside peak hours with the demand charge per kilovolt amperes (kVA) being set at Ksh.200.


https://citizentv.co.ke/...-adjustment-320050/?amp[/quote]

Currently the highest voltage supplied to customers is at 132KV...So a new cheaper tariff has been developed for supply to new and existing customers at 22KV...There is a catch however, to be eligible, customers will need a minimum demand of 40MWh...

Similarly a new tariff for Naivasha Special Economic Zone has been developed at Ksh 5 /kWh.....which is a third of the current cheapest tariff for existing manufacturers...In all these, KPLC is eating Unleavened Bread!!!!


@KaunganaDoDo
It's 220KV not 22kv.
In Kenya there is no such customer
KaunganaDoDo
#320 Posted : Wednesday, February 12, 2020 1:13:34 PM
Rank: Member


Joined: 8/6/2018
Posts: 228
Ericsson wrote:
KaunganaDoDo wrote:
[quote=Extraterrestrial]New tariffs, gazetted by the industry’s regulator on Friday sees commercial and industrial consumers metered by Kenya Power at 220,000 volts per post-paid billing period pay Ksh.7.99 for every unit consumed.
Consumers will further account for a lesser Ksh.3.99 for each unit of power consumed outside peak hours with the demand charge per kilovolt amperes (kVA) being set at Ksh.200.


https://citizentv.co.ke/...-adjustment-320050/?amp[/quote]

Currently the highest voltage supplied to customers is at 132KV...So a new cheaper tariff has been developed for supply to new and existing customers at 22KV...There is a catch however, to be eligible, customers will need a minimum demand of 40MWh...

Similarly a new tariff for Naivasha Special Economic Zone has been developed at Ksh 5 /kWh.....which is a third of the current cheapest tariff for existing manufacturers...In all these, KPLC is eating Unleavened Bread!!!!


@KaunganaDoDo
It's 220KV not 22kv.
In Kenya there is no such customer


Yes Sir, it was a typo..220KV
Users browsing this topic
Guest (2)
18 Pages«<1415161718>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Home | . .. Investor | .. . Groups | .. . SME | . . . Market | .. . Club SK | . ..... About Wazua | . .. Search | . ..Sitemap | . ..Support | . ..Disclaimer | . ..Privacy Policy | . ..Terms of Use | . .. Contact Us
Copyright © 2020 Wazua.co.ke. All Rights Reserved.