Release of the Annual Energy & Petroleum Statistics Report 2023/2024

Fairmont The Norfolk Hotel, Nairobi

Date: 17th October 2024

Today, the Energy and Petroleum Regulatory Authority (EPRA) launched the much-anticipated Annual Energy & Petroleum Statistics Report 2023/2024 at the Fairmont The Norfolk Hotel in Nairobi. The event brought together key stakeholders from the energy sector, government, and the private industry to highlight the trends, challenges, and opportunities in the energy and petroleum sector over the past year.

Daniel Kiptoo Bargoria, Director-General of EPRA, opened the event with an overview of the report's significance. He emphasized the Authority's commitment to fostering transparency and accountability within the energy sector, noting that reliable data is critical to formulating sustainable energy policies. Kiptoo highlighted key achievements, including increased renewable energy capacity, improvements in electricity access, and ongoing regulatory reforms aimed at reducing carbon emissions.

Hon. Justice (Rtd) Prof. Jackton Ojwang, EPRA Board Chairman, echoed Kiptoo’s sentiments, praising the strides made in the sector. He acknowledged the collaborative efforts between the government, private sector, and development partners in pushing the country towards a greener and more efficient energy system. "This report serves as a compass, guiding us toward achieving universal energy access while addressing the global imperative of reducing our carbon footprint," Prof. Ojwang stated. He further called on all stakeholders to continue innovating and investing in energy technologies to drive economic growth and environmental sustainability.

Dr. Ajohn Mutua, PHD, Director of Economic Regulation and Strategy at EPRA, presented the key findings of the report. He focused on the sector's growth trajectory, revealing that energy consumption had increased, with significant contributions from geothermal and solar power. Petroleum imports also grew, driven by industrial demand and transportation needs. Dr. Mutua highlighted the importance of transitioning to more sustainable sources of energy to mitigate climate risks and reduce dependency on fossil fuels

Get the report

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