Smart Energy Transition in Latvia and around the globe
Global Energy Transition process Managing a successful global energy transition –one that secures the benefits of reliable, affordable and sustainable energy for all –is challenging. Source: World Energy Council
Latvia – the best location to invest in smart renewable energy
Global Energy Transition process Managing a successful global energy transition –one that secures the benefits of reliable, affordable and sustainable energy for all –is challenging.
Smart energy
The smart energy sector amalgamates the finest offerings of technology and science in an ecologically conscious manner. This realm involves the generation of clean energy through the utilization of alternative fuels and technologies
Latvia – the best location to invest in smart renewable energy
Latvia has pledged to reach 50% renewable energy of its final energy consumption by 2030, and the Investment and Development Agency of Latvia has named it a priority sector, which benefits from eased policies, bureaucracy, fast
Energy infrastructure in Latvia
Latvia is committed to increasing renewables and energy efficiency to meet EU climate goals. The National Energy and Climate Plan (NECP) outlines plans to modernize the grid, expand energy storage, and develop more wind and solar capacity to hit higher renewable energy targets by 2030.
Smart Energy fact sheet 05
Latvia is ready to embrace the transition towards circular economy. Recycling (biodegradable materials, waste management, wood waste, construction materials) Smart production (green resources, energy storage, hydrogen projects) Renewable energy (wind energy, solar energy, hydroelectric energy) LIAA – Investment and Development Agency of
Smart energy
The smart energy sector amalgamates the finest offerings of technology and science in an ecologically conscious manner. This realm involves the generation of clean energy through the utilization of alternative fuels and technologies that pose minimal harm to the environment.
4 FAQs about [Energy smart Latvia]
Does Latvia need a smart energy infrastructure?
Latvia already has the necessary energy infrastructure in place in order to successfully harness smart renewable energy on the coasts and in the forests of Kurzeme, as well as collaborate with its Nordic neighbours in electrical trade.
What are the energy sources in Latvia?
energy sources in Latvia's energy mix are renewables and oil. Increased production of renewables has helped bring down Latvia's import dependency, which is slightly below the EU However, further diversification of suppliers and still greater use of renewables would improve the energy situation of Latvia.
How much does the EU spend on efficiency improvements in Latvia?
The EU is investing more than €400 million in efficiency improvements in Latvia. annual targets for emissions not covered by the EU emissions notably trading system (EU ETS). This national target covers notably Latvia emissions from transport, buildings, agriculture and waste.
What role does EU-financed projects play in Latvia's energy research?
EU-financed projects plays an important role in Latvia's energy research. Under the Horizon 2020 that fosters research, innovation & competitivitness. in EU-financed projects plays an important role in Latvia's energy research. Under the Horizon 2020 and €0.6 million for the RealValue project on electric thermal storage. savienību..