Public-Private Partnership Promoting Renewable Energy in a Developing Country
With more than 14 high temperature potential sites occurring along the Kenyan Rift Valley and an estimated potential of more than 15,000 MWe, geothermal energy is particularly cost-effective in the Great Rift Valley of Kenya, East Africa. Public-private partnership (PPP) arrangements are effectual in addressing the comprehensive barriers to implementing RE technologies and closing the gaps in investment capital and technologies, particularly in the case of geothermal exploration. This lecture showcases these successful partnerships and details Geothermal Development Company's (GDC) business plan and strategy for developing 5000 MWe by 2030.