Forecast: Total Primary Energy Supply in Kenya

Over the past decade, Kenya's Total Primary Energy Supply has shown a general upward trend with variations in growth rates. From 2013 to 2019, there was a consistent increase, with a significant decline in 2020 due to potential external disruptions. A notable recovery was observed in 2021, continuing with modest growth through 2023. The value stood at 31.5 Million Tonnes Of Oil Equivalent in 2023.

In terms of year-on-year variation, the highest growth was recorded in 2014 (10.53%) and 2021 (17.26%), with a notable decline in 2020 (-15.62%). The five-year compound annual growth rate (CAGR) stood at 3.01% by 2023. Future growth is forecasted at a modest CAGR of 1.74% over the next five years, indicating a total growth rate of 9.02% by 2028.

Future trends to watch for include potential impacts of renewable energy adoption, as well as economic and policy shifts which could significantly influence energy supply dynamics in Kenya.