Posts tagged as energy

Renewable energy consumption growing in Latvia

Monday, September 7, 2020

Data published September 7 by Central Statistical Bureau show that during the last ten years, consumption of renewable energy resources increased by more than 44%. Data show that in 2019 gross consumption of renewable energy sources (RES) in Latvia amounted to 69.9 petajoules (PJ). During the five years (2015–2019) consumption RES of has risen by 17.6 %. Reduction in the consumption of RES was influenced by the drop in the volume of energy…

First energy efficiency program made for residential housing

Tuesday, July 28, 2020

On Tuesday, July 28, the government approved a new aid scheme for households, providing portfolio guarantees for commercial bank loans to improve the energy efficiency of private houses, according to Economics Ministry (EM). Portfolio guarantees are expected to be available from the fourth quarter of 2020. Until now, commercial banks have not offered products to improve the energy efficiency of private houses, as owners may have difficulties with ensuring sufficient…

Lithuania: Consumer platform for purchasing solar energy in remote PV plants

Thursday, April 2, 2020

Lithuanian companies launched a online consumer platform where everyone can purchase a part of remote solar plant. New legislation in the country, changing consumer needs and growing demand for solar energy inspired a project called “Solar Community” (Lith. “Saulės bendruomenė”). Andrius Terskovas, Managing Partner and Chief Business Development Officer of Sun Investment Group – the company behind the project – explains how this model can benefit individual consumers, and help…

No luck with Ukraine for Russia, now it’s Belarus’ turn: how energy can threaten a nation’s sovereignty

By Zintis Znotiņš on Monday, March 2, 2020

For Russia, the role of energy resources has always been dual, i.e. economic and political. In addition, both of these often go hand in hand, only the emphasis changes. Initially, the delivery of energy resources for other countries is viewed through the political prism – as a sign of sheer goodwill. As time passes, this is subject to change, particularly in cases when the country in question ceases to move…

Elenger tripled its energy sales in Latvia

Thursday, February 6, 2020

Last year, Elenger tripled its energy sales volume to customers in Latvia to almost 1 TWh, as a result of a sharp increase in the sales of natural gas the and electricity as well as the company entering the LNG market. “Consumers on the Latvian market have given us a warm reception and last year we succeeded in increasing the sales of electricity and natural gas, providing energy services to…

National energy and climate plan calls for developing climate neutral economy

Monday, June 24, 2019

In Latvia’s national energy and climate plan 2021-2030, proposed by the Economics Ministry, the emphasis is on developing a climate neutral economy, according to the draft document. The national energy and climate plan, 2021-2030, is a document for a long-time planning of Latvia’s energy and climate policies, setting forth the basic principles, goals and directions of national energy and climate policies for the coming decade. Each European Union (EU) member…

Estonian Prime Minister to discuss transport, energy with Lithuanian counterpart

Friday, June 7, 2019

Estonian Prime Minister Juri Ratas embarked on a visit to Vilnius on Thursday to discuss with his Lithuanian counterpart Saulius Skvernelis the two states’ transport and energy cooperation as well as topics relating to the European Union. Estonia and Lithuania are close friends with shared objectives in NATO and the European Union, working in close regional cooperation, the prime minister said according to spokespeople. “We both wish for the European…

How to advance European security against Russia

By Stephen Blank on Monday, June 3, 2019

European security is much in the news today. Brexit, EU parliamentary elections, unresolved issues in the Balkans, Russia’s unremitting war on European integration and democracy, and Ukraine make it easy to surrender to pessimism about Europe. But this despair is unwarranted and antithetical to U.S. and European interests in democracy, integration and security. Moreover, there are mechanisms available through which European governments, institutions and the U.S. can advance their shared…

Lithuania’s strive for energy security

Saturday, June 1, 2019

Having suffered a nearly 50-year-long occupation, Lithuania has, over the recent 29 years of its independece, built a competitive market economy, become a member of the EU and NATO, and continues to build a welfare state. Ensuring energy security was and continues to be a major challenge on this road. The following are some of my thoughts on the ways energy resources can be turned into weapons used against sovereign…

Energy security is in the interest of the Baltic States and the U.S.

Tuesday, May 21, 2019

President Dalia Grybauskaitė together with the Presidents of Latvia and Estonia met with the U.S. Secretary of Energy, Rick Perry. The meeting was held at the initiative of the United States with the aim of strengthening collaboration between the Baltic countries and the U.S. in energy security matters. Dalia Grybauskaitė underlined that the United States was a strategic partner of the three Baltic States that strongly supported Lithuania’s efforts to…