Electricity and Economy in Kenya Essay

ICT has been the main driver of Kenyas economic ontogenesis all over the last decade, growing on average by 20 % annually, and displace the combined transport and conversations sector into the economys secondly largest after agriculture. In chapter three I have discussed the impact of electrical energy on key economic sectors in Kenya which are agriculture, educational services, banking and communication services, microenterprises and tourism all of which are key pillars of Kenya Vision 2030. It costs rough Ksh. 5,000 to connect to the grid and round 15 US cents equivalent per kWh of electricity service. This high cost is a major obstacle to the expansion of electricity connection to low-income households. Chapter 1 Introduction 1. 1 Overview and statement of the problem bulky agreement exists that the level and the intensity of energy use in a country is a key indicator of economic growth and development. A number of researchers claim that for modern energy to make a disc repancy on poverty, it must necessarily contribute to productive uses that generate income and spend a penny jobs.Kenyas Vision 2030 identified energy as one of the radix enablers of its pillars and it is expected that more energy will be required to prepare the objectives of the Vision. The economic pillar of Vision 2030 aims at providing prosperity for all Kenyans through and through an economic development programme aimed at achieving an average GDP growth rate of 10% per annum over the next 25 years. Electricity system the most sought after energy source by the Kenyan society and access to it is normally associated with rising or high feeling of life.Its current consumption is at 143 kilowatt hours (kWh) per capita and national connectivity rate of about 28. 9% which is below the average of 32% for developing countries. Electrification plays an important purpose in the start-up and growth of microenterprises which may lead to sustainable livelihoods and poverty reduction. faculty can be directly linked to improved food auspices because energy can be used in any fragmentize of the food supply chain, from growing, processing, storage and cooking, through to marketing and distribution.