THE KENYA CONTEXT

Patrick A. ChabedaAddis Ababa, Ethiopia

October 19, 2011

Biomass-Based Energy

>80% of population >80% Primary Energy

Agriculture 22% GDP; 75% Employment

Geothermal Energy Fastest Growing; Cost Effective; Plan 600MW by 2017

Solar Energy 10-20% Growth; Zero rated, Attract VAT; PV Systems

Forestry Depleted from 10% to <2%. Climate Change Opportunities

Hydropower Est. 56% of Installed Capacity; Climate Vulnerable

Tourism No. 2 Forex Earner; Natural Resource Dependent

Wind Energy 5MW Installed; 300MW Planned

Horticulture / Floriculture

No. 1 Forex Earner; Carbon Miles / Carbon Standards; Upstream Ecological Services