Consequential risks
Most significant risks
Implementation risks
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Electricity demand growth
Tariff increases if supply–demand gap emerges
Lack of local benefit-sharing if Energy Bill continues
to be delayed
Environmental degradation if process of monitoring
and penalising is not clear and enforced
Regional geothermal development
High risk, high cost venture
Political uncertainty around national and county
governance of resource use
Community opposition to potential resettlement
and changes in land access
Uncertainties
Acceleration of geothermal power development
Local political context
Local and global financial market dynamics
Figure 13.4 Main uncertainties, implementation, and consequential risks associated with the geothermal power development in Kenya.
Most significant risks
Implementation risks
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C
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q
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a
l
r
i
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k
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a
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c
o
g
n
it
iv
e
b
a
r
ri
e
rs
Electricity demand growth
Tariff increases if supply–demand gap emerges
Lack of local benefit-sharing if Energy Bill continues
to be delayed
Environmental degradation if process of monitoring
and penalising is not clear and enforced
Regional geothermal development
High risk, high cost venture
Political uncertainty around national and county
governance of resource use
Community opposition to potential resettlement
and changes in land access
Uncertainties
Acceleration of geothermal power development
Local political context
Local and global financial market dynamics
Figure 13.4 Main uncertainties, implementation, and consequential risks associated with the geothermal power development in Kenya.