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ARTICLE · 03 AUGUST 2021

2020 Energy Highlights In Latvia

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Electricity production market in Latvia has been experiencing increased public and political attention already over the last decade.

LatviaEnergy and Natural Resources
Gatis Flinters
Gatis Flinters
Mārtiņš Tarlaps
Mārtiņš Tarlaps

A summary report on key developments in Latvian energy sector in 2020.

ELECTRICITY PRODUCTION

Electricity production market in Latvia has been experiencing increased public and political attention already over the last decade. In result of several widely discussed cases where energy producers had abused state support for renewable energy production, the Latvian regulatory environment has undergone continued upgrades aimed to increase supervision and limit the misuse of state support. The trend continued in 2020 with a change of government authority that supervises electricity producers, increased regulatory requirements for efficiency of production, reporting and compliance, and new rules for the recovery of unlawfully received state aid.

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