Forecast: Renewable Energy Supply in Kenya

The renewable energy supply in Kenya displayed minor fluctuations between 2013 and 2023 but maintained a relatively stable level, standing at 81.24 units in 2023. The annual variations oscillated, with a significant dip in 2014 but an overall tendency towards stability post-2017. The compound annual growth rate (CAGR) over the last five years shows a minimal average increase of 0.24% per year. Forecasts from 2024 to 2028 predict no growth, signaling a flat trend in renewable energy supply.

Future trends to watch for involve advancements in renewable technology, government policies promoting green energy, and potential international investments. Monitoring these factors could indicate shifts in the otherwise stagnant forecast.

• 2013: year-on-year -1.08%, CAGR -0.31%
• 2014: year-on-year -1.26%, CAGR -0.022%
• 2015: year-on-year 0.16%, CAGR 0.2%
• 2016: year-on-year -0.96%, CAGR -0.15%
• 2017: year-on-year -0.91%, CAGR -0.81%
• 2018: year-on-year 1.11%, CAGR -0.38%
• 2019: year-on-year 0.31%, CAGR -0.062%
• 2020: year-on-year 0.89%, CAGR 0.084%
• 2021: year-on-year 0%, CAGR 0.28%
• 2022: year-on-year 0%, CAGR 0.46%
• 2023: year-on-year 0%, CAGR 0.24%
• 2028 forecast: 5-year CAGR 0%, 5-year growth rate 0%