In 2023, Kenya's total renewable energy stood at 77.76 units of Total Primary Energy Supply. Over the preceding two years, the year-on-year variations were -0.38% in 2022 and -0.37% in 2023, indicating a slight but consistent decline. The cumulative average growth rate (CAGR) for this five-year period was -0.9%, reflecting a downward trend in renewable energy supplies.
Looking ahead, the forecast for the next five years reveals a continued, albeit slower, decline with a five-year CAGR of -0.28% and an overall growth rate of -1.39%. By 2028, energy supply is expected to reach 76.39 units.
Future trends to watch for include technological advancements in renewable energy, government policies and subsidies, as well as global energy market dynamics, which could potentially alter the forecasted trajectory.
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