Does Latvia have solar 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.

How can wind and solar power projects help Latvia?

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.

Will there be a solar panel Park in Latvia?

Work has already begun on the assembly of the panel structure to prepare for the laying of the panels," Bērziņš said. Merito, which is the owner of Kalkūnes SES, will have eight such solar panel parks in Latvia, said Māris Plūme, board member of the fund's cooperation partner, the company "Saules Energy" (Solar Energy).

Will electricity be the cornerstone of Latvia's energy transition?

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.

What is Latvia's energy demand?

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.

Can Latvia achieve energy savings by renovating its building stock?

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.