Bringing wind and solar power projects online will also help reduce Latvia''s dependence on natural gas imports and can contribute to lower electricity prices; current efforts to develop offshore wind will support this outcome.
Today, Latvia is a much different player in the renewable energy field. Over the past few years, the nation has shifted its focus toward integrating wind and solar energy on a broader scale, developing hybrid energy parks that combine wind turbines, solar panels, and battery storage systems.
The amount of solar electricity produced and transferred to the grid in Latvia has tripled over the past year, according to the electricity market review prepared by the Latvian transmission system operator JSC "High Voltage Network" (Augstsprieguma tīkls, AST) on
Latvia''s Solar Rooftop Country Profile. April 2024. Red = 0-1 points. Orange = 2-3 points. Green = 4-5 points. This country profile highlights the good and the bad policies. and practices of solar
Latvia''s Solar Rooftop Country Profile. April 2024. Red = 0-1 points. Orange = 2-3 points. Green = 4-5 points. This country profile highlights the good and the bad policies. and practices of solar rooftop PV development within Latvia. It examines and scores six key areas: governance, incentives & support schemes, permitting procedures, energy
So far, however, the development of solar energy in the country has been rather limited. According to Latvia’s grid-operator Sadales tīkls AS, which is a subsidiary of Latvenergo, there was just1.3 MW of renewable energy power installed under net metering at the end of 2016.
Latvia could achieve considerable energy savings by renovating its building stock. Latvia holds considerable potential to accelerate energy efficiency outcomes in the buildings sector, which will go a long way toward meeting climate targets and lowering energy bills.
Bringing wind and solar power projects online will also help reduce Latvia’s dependence on natural gas imports and can contribute to lower electricity prices; current efforts to develop offshore wind will support this outcome.
Electricity will be the cornerstone of Latvia’s energy transition. Latvia’s hydro-dominated electricity system provides a favourable starting point to use clean electricity to decarbonise other economic sectors and meet the target of 57% renewables in total final consumption by 2030.
In electricity, Latvia will need to move forward with efforts to synchronise with the European grid on an accelerated timeline. For natural gas, Latvia will become heavily reliant on liquefied natural gas (LNG) supply as well as (soon to be expanded) gas storage.
For natural gas, Latvia will become heavily reliant on liquefied natural gas (LNG) supply as well as (soon to be expanded) gas storage. Meanwhile, Latvia will remain fully dependent on oil imports, and will have to manage supply diversification efforts (without Russian supply) accordingly. Latvia 2024 - Analysis and key findings.
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