Where is the first battery energy storage system in Latvia?

On November 1 Latvia’s largest wind energy producer Utilitas Wind opened the first utility-scale battery energy storage battery system in Latvia with a total power of 10 MW and capacity of 20 MWh in Targale, Ventspils region.

What is Latvia's energy strategy?

Due to this, the government implemented a policy that focuses on the gradual growth of energy efficiency along with emphasis on the use of renewable energy resources. Latvia’s current government strategy outlines a path of energy transition from a heavy reliance on fossil fuel energy sources to an independent energy supply.

Are new wind farms a good investment for Latvia's energy security?

I am pleased that the bar has been set high for developers of new wind farms, which also plays an important role in the context of Latvia’s energy security,” said Climate and Energy Minister of Latvia, Kaspars Melnis. Given the total investment in the project, the OP Corporate Bank provided loan financing.

Why is Latvia Changing its energy policy?

Since the Second World War, renewable resources such as hydro energy and wood have been traditional sources for production of electricity and heat in this Baltic Country. However, Latvia is steadily changing its energy policy due to the European Union’s energy market diversification plan along with its ambitious environmental goals.

How much energy does Latvia use?

Since 2011, total energy consumption has fluctuated around 4.3 Mtoe (4.2 Mtoe in 2024). Latvia does not have a refinery. It imports all its refined products by rail and pipeline from the Lithuanian refinery of Mazeikiai and Finland.

How can Latvia achieve a sustainable future?

in two vectors: Ensuring an Innovative a Eco-Eficient EconomyReducing Income and Opportunity Inequality.As stated in Latvia 2030, progress will be achieved through ensuring sustainability of strategic resources - human resources, natural,