Energy & Petroleum Statistics Report for the Financial Year ended 30th June 2024
Prepared By Energy and Petroleum Regulatory Authority (EPRA) - 2024The Energy & Petroleum Statistics Report for the financial year ended 30th June 2024 is a comprehensive statutory publication by EPRA that presents key statistics and insights into Kenya’s energy sector performance over the 2023/2024 financial year. The report covers electricity generation, consumption, and access, petroleum product demand and pricing, LPG consumption, and renewable energy deployment. It records a 6.13% increase in electricity generation reaching 13,684.63 GWh, with renewable energy sources constituting nearly 80% of installed capacity. Peak electricity demand stood at 2,177.13 MW, reflecting growing industrial and residential consumption.
The report notes significant milestones such as the commissioning of the Kenya-Tanzania 400kV transmission line, enhancing regional power trade and grid reliability. Petroleum demand grew by 7.12%, while LPG consumption surged by 13.38%, driven by government clean cooking initiatives. The report also discusses macroeconomic factors influencing the sector, including GDP growth of 5.6%, stable inflation, and currency stability. Additionally, it highlights regulatory developments such as the gazettement of the Energy (Net Metering) Regulations in 2024 and Kenya’s Green Hydrogen Guidelines, signaling the country’s commitment to sustainable energy transition. Overall, the report provides critical data for policymakers, investors, and stakeholders to monitor sector progress, identify challenges, and guide future energy planning and regulation.
The report notes significant milestones such as the commissioning of the Kenya-Tanzania 400kV transmission line, enhancing regional power trade and grid reliability. Petroleum demand grew by 7.12%, while LPG consumption surged by 13.38%, driven by government clean cooking initiatives. The report also discusses macroeconomic factors influencing the sector, including GDP growth of 5.6%, stable inflation, and currency stability. Additionally, it highlights regulatory developments such as the gazettement of the Energy (Net Metering) Regulations in 2024 and Kenya’s Green Hydrogen Guidelines, signaling the country’s commitment to sustainable energy transition. Overall, the report provides critical data for policymakers, investors, and stakeholders to monitor sector progress, identify challenges, and guide future energy planning and regulation.
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