Renewable energy supply in Kenya has seen substantial growth from 2013 to 2015. While there was a minor decrease in 2016 and 2017, the trend picked up again in 2018. However, since then, growth has been relatively stagnated, with minor year-on-year fluctuations. In 2023, the renewable energy supply stood at 17.1 units of Total Primary Energy Supply.
The compound annual growth rate (CAGR) for the past five years (2018-2023) has been nearly flat, indicating limited growth potential in recent years. The forecast data from 2024 to 2028 suggests minimal growth with a forecasted 5-year CAGR of 0.1%.
Future trends to watch for include:
- Technological advancements in renewable energy sources to spur new growth.
- Government policies and incentives to boost renewable energy investments.
- Impact of climate change strategies on renewable energy supply and demand.
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