
Renewable energy includes wind, solar, biomass and geothermal energy sources. Almost half of the electricity used in the country is provided by renewable energy sources. The main renewable resource is hydroelectric power. Latvia has laws that regulate the building of power plants and plans to sell electricity at. . Latvia is a net energy importer. Primary energy use in Latvia was 49 TWh, or 22 TWh per million persons in 2009. In 2018, electricity consumption per capita was 3731 kWh.Latvia has adopted the. . It was agreed in 2018 that Estonia, Latvia and Lithuania would connect to the European Union's electricity system and desynchronize from the Russian BRELL power system. This is expected to be completed by February 2025. An interconnector linking. . The 2021-30 plan set a target of reducing greenhouse gas emissions by 65% compared to 1990. There is a target of being carbon neutral by 2050. . Fossil fuelNatural GasFrom 1 January 2023 Latvia banned the import of natural gas from Russia. The replacement comes from. . • • [pdf]
Latvia has underground gas storage facilities at the Inčukalns UGS, with a capacity of 4.47 billion m 3. Natural gas companies include Latvijas Gāze. Renewable energy includes wind, solar, biomass and geothermal energy sources. Almost half of the electricity used in the country is provided by renewable energy sources.
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.
Latvia’s energy demand is dominated by an ageing building stock, which accounts for nearly half of total final consumption, with residential buildings alone accounting for a third of total consumption.
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.
Overall, Latvia has made considerable progress in unlinking its energy dependency from Russian imports in a short period of time, including by imposing bans on the import of electricity and natural gas from Russia in 2023. The government is also changing its storage model for oil reserves to further fortify its oil security.
Actions taken today to reduce emissions will inform the pace and scale of Latvia’s energy transition and achieving its ambitious goal of climate neutrality by 2050, according to a new in-depth policy review by the International Energy Agency (IEA).
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