What is Latvia's energy system?Latvia’s energy system is largely based on renewable resources, primarily hydropower from the Daugava River, supplemented by wind, solar, and biomass. While natural gas imports cover energy shortages, the country aims to increase wind and solar energy capacity, with significant progress already made in 2022.
Is Latvia ready for a green energy transition?Solar and wind energy production alone experienced an impressive 92% surge in 2023 compared to 2022, and this momentum shows no signs of slowing down. Building on these achievements, Latvia has set ambitious targets for its green energy transition.
Will the 'elwind' boost Latvia's energy independence?This joint Latvian-Estonian offshore wind farm, set for completion by 2030, will strengthen both countries’ energy independence while advancing the goals of the European Green Deal. “Latvia’s push for renewable energy, highlighted by projects like the ‘Elwind,’ is bringing in fresh investment and boosting our energy independence.
Who manages the electricity grid in Latvia?The electricity grid in Latvia, however, is primarily managed by Sadales tīkls, the largest distribution system operator that serves 99% of the country’s territory. Both public and private energy companies, such as AST and Latvenergo, participate in the sector.
Does Latvia need a thermal power plant?Until now, Latvia has relied on electricity generated by hydroelectric power plants (HPPs), and the country’s overall policy also included the development of thermal power plants (TPPs), as natural gas was a relatively cheap resource.
How much electricity is produced in Latvia in 2022?In 2022, 4 997 GWh of electricity were generated in Latvia (14.5 % fewer than in 2021), of which 3 783 GWh were produced from renewables (up by 1.7 % or 65 GWh compared to 2021). Last year also the volume of primary electricity produced by wind power plants increased – 190 GWh, which is 34.8 % (49 GWh) more than in 20
Jun 9, 2024 · Moreover, wind power and solar power plants generated 92.5 % electricity more. Driven by the active installation of solar panels and development of solar parks, the amount of
Jun 7, 2024 · The most common renewable energy sources in Latvia are biomass and hydropower. There is a considerable potential to further develop wind power and solar energy,
Solar and wind energy production alone experienced an impressive 92% surge in 2023 compared to 2022, and this momentum shows no signs of slowing down. Building on these
RECENT DEVELOPMENTS IN THE WIND ENERGY INDUSTRY IN LATVIA Ministry of Climate and Energy Riga | 21.11.2024. RES IN FINAL ELECTRICITY CONSUMPTION To achieve
Aug 5, 2025 · The Latvian government actively encourages solar energy adoption through grants and incentives. Homeowners and small businesses can now install solar panels with reduced
Ignitis Group to build largest solar portfolio in Baltic states, powering 100,000 households annually with possibility of wind power hybridisation. Aiming for 4-5 GW green generation by 2030.
Latvia is Europe''s 3rd largest manufacturer of renewable energy (Eurostat, 2019), thanks to harnessing its strong rivers in the form of clean, hydroelectric power.
Oct 8, 2021 · In this article, a non-conventional hybrid energy system including solar, and wind is studied using MATLAB software. As optimum resource usage is noticed, efficiency is improved
Aug 5, 2025 · Latvia''s natural resources make it uniquely suited for green solutions, especially solar and wind. The government, local communities, and private investors are aligning around
Feb 7, 2024 · Central Statistical Bureau provisional data show that in 2023 gross energy consumption1 in Latvia totalled 185 petajoules (PJ), which is 1 % fewer than in 2022.
Sep 5, 2024 · Variable Renewable Energy Sources (vRES, solar PV and wind)1 capacity in Latvia has grown from 100 MW in 2022 to over 420 MW in 2024 (Figure 1). The huge interest from
The solar sites are expected to be operational by 2025; The electricity generated will be enough to power around 100,000 households annually; There is a possibility of adding wind power to
Dec 1, 2023 · However, such systems mitigate the intermittency issues inherent to individual renewable sources, enhancing the overall reliability and stability of energy generation. Solar
Jul 8, 2025 · SUNOTEC acquires 400 MWp solar-plus-600 MWh storage project in Latvia, targeting grid connection by 2027 and bolstering the country''s expanding clean-energy ambitions.
Distribution of solar potential Distribution of wind potential Annual generation per unit of installed PV capacity (MWh/kWp) Wind power density at 100m height (W/m2)
Executive summary – Latvia 2024 – Analysis Latvia has already made inroads on the share of renewable energy in its fuel mix, with sizeable shares of bioenergy and hydropower.
Jul 27, 2025 · We drive Latvia''s transition to a sustainable energy system | Latvian Wind Energy Association is the voice of the growing wind industry in Latvia.
This summer SIA ACCEDO concluded a long-term development services cooperation agreement with one of the world''''s largest wind power plant manufacturers for the development of hybrid
Jan 25, 2025 · Executive summary – Latvia 2024 – Analysis Latvia''''s hydro-dominated electricity system provides a favourable starting point to use clean electricity to decarbonise other
Apr 9, 2022 · The importance of renewable power generation is taking a major role in present research work. The consumption of energy has spiked and significant changes in technology
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
Oct 26, 2024 · Latvia''s energy system is largely based on renewable resources, primarily hydropower from the Daugava River, supplemented by wind, solar, and biomass. While
Executive summary – Latvia 2024 – Analysis Latvia''''s hydro-dominated electricity system provides a favourable starting point to use clean electricity to decarbonise other economic sectors and
Sep 6, 2023 · In 2022, 4 997 GWh of electricity were generated in Latvia (14.5 % fewer than in 2021), of which 3 783 GWh were produced from renewables (up
May 13, 2025 · Discover Latvia''s 2025 energy grants and subsidies for solar panels, wind turbines, heat pumps, and energy efficiency improvements. Freen helps homeowners and
Sep 25, 2024 · Latvia''s transmission system operator (TSO), Augstsprieguma Tīkls (AST), has signed contracts with 12 wind and solar power plant
Mar 9, 2025 · The financing will increase the overall solar generation capacity in Latvia, which currently stands at 600MW. "The desynchronisation from the Russian and Belarusian power
May 12, 2025 · In Latvia, according to 2024 data, the largest share of electricity is generated by hydropower plants (53 %), followed by thermal generation (29 %), with natural gas accounting
May 30, 2023 · Discover the power of wind-solar hybrid systems for sustainable energy. Learn how combining forces maximizes efficiency. Dive in now for a
Latvia’s energy system is largely based on renewable resources, primarily hydropower from the Daugava River, supplemented by wind, solar, and biomass. While natural gas imports cover energy shortages, the country aims to increase wind and solar energy capacity, with significant progress already made in 2022.
Solar and wind energy production alone experienced an impressive 92% surge in 2023 compared to 2022, and this momentum shows no signs of slowing down. Building on these achievements, Latvia has set ambitious targets for its green energy transition.
This joint Latvian-Estonian offshore wind farm, set for completion by 2030, will strengthen both countries’ energy independence while advancing the goals of the European Green Deal. “Latvia’s push for renewable energy, highlighted by projects like the ‘Elwind,’ is bringing in fresh investment and boosting our energy independence.
The electricity grid in Latvia, however, is primarily managed by Sadales tīkls, the largest distribution system operator that serves 99% of the country’s territory. Both public and private energy companies, such as AST and Latvenergo, participate in the sector.
Until now, Latvia has relied on electricity generated by hydroelectric power plants (HPPs), and the country’s overall policy also included the development of thermal power plants (TPPs), as natural gas was a relatively cheap resource.
In 2022, 4 997 GWh of electricity were generated in Latvia (14.5 % fewer than in 2021), of which 3 783 GWh were produced from renewables (up by 1.7 % or 65 GWh compared to 2021). Last year also the volume of primary electricity produced by wind power plants increased – 190 GWh, which is 34.8 % (49 GWh) more than in 2021.
The global commercial and industrial solar energy storage battery market is experiencing unprecedented growth, with demand increasing by over 400% in the past three years. Large-scale battery storage solutions now account for approximately 45% of all new commercial solar installations worldwide. North America leads with 42% market share, driven by corporate sustainability goals and federal investment tax credits that reduce total system costs by 30-35%. Europe follows with 35% market share, where standardized industrial storage designs have cut installation timelines by 60% compared to custom solutions. Asia-Pacific represents the fastest-growing region at 50% CAGR, with manufacturing innovations reducing system prices by 20% annually. Emerging markets are adopting commercial storage for peak shaving and energy cost reduction, with typical payback periods of 3-6 years. Modern industrial installations now feature integrated systems with 50kWh to multi-megawatt capacity at costs below $500/kWh for complete energy solutions.
Technological advancements are dramatically improving solar energy storage battery performance while reducing costs for commercial applications. Next-generation battery management systems maintain optimal performance with 50% less energy loss, extending battery lifespan to 20+ years. Standardized plug-and-play designs have reduced installation costs from $1,000/kW to $550/kW since 2022. Smart integration features now allow industrial systems to operate as virtual power plants, increasing business savings by 40% through time-of-use optimization and grid services. Safety innovations including multi-stage protection and thermal management systems have reduced insurance premiums by 30% for commercial storage installations. New modular designs enable capacity expansion through simple battery additions at just $450/kWh for incremental storage. These innovations have improved ROI significantly, with commercial projects typically achieving payback in 4-7 years depending on local electricity rates and incentive programs. Recent pricing trends show standard industrial systems (50-100kWh) starting at $25,000 and premium systems (200-500kWh) from $100,000, with flexible financing options available for businesses.