Is the plant necessary for Kenya’s economic growth?

DeCOALonize Resource Source

The UNDP, Practical Action, and other international organizations have concluded that the best way to support economic growth and bring better electricity to rural Kenyans is by investing in fast and decentralised sources.

• Wind and sunshine will always be free, and the price of wind and solar technology is rapidly declining. The International Renewable Energy Agency calculates that in 2025 the global average price for Offshore Wind will be USD 11¢/kWh; Solar PV USD 6¢/kWh; and Onshore Wind USD 5¢/kWh.
• These costs are all below the real estimated cost of Lamu coal energy of USD $0.115/kWh, based on the formula in the former chair of the Kenya Energy Regulatory Commission’s comments.
• And this USD $0.115 will fluctuate based on the price of coal, whereas the price of solar and wind per kilowatt hour is either constant or on the decline.

For additional information:

Background documents at deCOALonize.org.

More factsheets here on Medium:

What is the story with the Lamu Plant?
Why will electricity prices increase if the plant is built?
Is burning coal that bad?
How does the proposed plant affect Lamu’s water?
Impact on World Heritage site: Lamu town is a UNESCO WH site