The Latvian government has approved an updated national energy and climate plan, aimed at meeting the EU’s climate targets by 2030, LSM reports. The plan outlines five key areas: decarbonisation and renewable energy, energy efficiency, energy security, integration with the EU’s internal energy markets, and research, innovation, and competitiveness. The plan includes around 250 measures…
Latvia’s gross energy consumption totalled 185 PJ in 2023, which was 1 % less than in 2022, according to provisional data from the Central Statistical Bureau (CSP), LSM reports. Final energy consumption totalled 170 PJ, which was 0.9 % less than in 2022. Transport used 52 PJ (30.6%) of energy, followed by households with 45 PJ…
The Latvian government has approved a draft transport energy bill that obliges fuel suppliers to increase the share of renewable energy in their energy portfolio, LETA reports. The bill may lead to a rise in fuel prices, according to a survey of fuel traders. The Ministry of Climate and Energy notes that the transport sector…
Estonia’s ruling coalition has abandoned a plan to change the current renewable energy fee, which would have raised EUR 60mn annually and shifted costs from consumers to the state, ERR reported. The senior party in the coalition government, the Estonian Reform Party, rejected the plan, citing concerns about the plan’s financial viability. The changes were…
The Estonian government plans to split the state-owned energy group, Eesti Energia, into three separate companies, Finance Minister Mart Võrklaev announced, ERR reports. He said that the plan was to list shares of network operator Elektrilevi and renewable energy producer Enefit Green on the stock exchange. However, Võrklaev said that he was no longer in…
The share of renewable sources in total energy consumption in the Baltic States was highest in Latvia in 2022, LSM reports. Eurostat data showed that 43.3% of Latvia’s gross final energy consumption came from renewable sources in 2022, which was up from 42.1% in 2021. Estonia came in second with 38.5% (37.4%), followed by Lithuania…
The volume of electricity produced in Estonia totalled 8,910 GWh in 2022, which was 21% more than in 2021, according to data from Statistics Estonia, ERR reports. Heat production totalled 5,074 GWh in 2022, which was up 8% from a year earlier. The volume electricity generated from shale oil rose by 42%, accounting for 57%…
The volume of electricity generated in Latvia totalled 4,997 GWh in 2022, which was 14.5% less than in 2021, according to the Central Statistical Bureau, LSM reports. Renewable energy sources accounted for 3,783 GWh of the total volume, which was up 1.7% from a year earlier. Hydro power plants generated 2,750 GWh (up 1.6%) and…
Estonia’s Ministry of Climate has drawn up an updated national energy and climate plan that includes more ambitious renewable energy and climate neutrality targets, ERR reports. Under the plan, Estonia would produce all power from renewable energy sources by 2030 and be completely climate neutral by 2050. Climate Minister Kristen Michal asserted that the plan…