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 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.

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.

When did the IEA peer review of Latvia take place?

The IEA peer review of Latvia took place 18-25 September as part of Latvia’s accession to the IEA. It came at an opportune time for Latvia, which is in the process of updating its National Energy and Climate Plan 2021-2030, in line with more ambitious European Union (EU) climate and energy transition targets.

Can Latvia switch from oil to alternative sources?

Latvia’s transport sector, predominantly road transport, is also a major energy consumer. Around 95% of transport energy demand is met with oil products, indicating that Latvia has potential to both lower oil consumption and to switch from oil to alternative sources.

Does Latvia need more decarbonisation?

The electricity sector is dominated by renewables, but more decarbonisation is needed in other sectors. Latvia has already made inroads on the share of renewable energy in its fuel mix, with sizeable shares of bioenergy and hydropower.