Energy Central News

Curated power industry news from thousands of top sources.


Latvia, seeking energy independence, invests €1 billion in wind farms

  • Aug 8, 2022
dpa English

RigaLatvia plans to invest about €1 billion ($1 billion) in the construction of wind farms to increase power generation from renewables and strengthen energy security, Prime Minister Krisjanis Karin said on Monday.

"This is a medium-term solution that will allow us to become fully independent in our energy supply and use fewer fossil resources," Karins said in Riga, according to Latvian news agency LETA.

Karins described it as one of the largest investments ever undertaken in the small Baltic country that borders Russia.

After the project is implemented, Latvia could go from being an electricity importer from places like Russia to an exporter, he said.

Economy Minister Ilze Indriksone said the planned wind farms will have a capacity of 800 megawatts. This could produce 2.4 terawatt hours of electricity per year - the equivalent of about 30% of Latvia's total electricity consumption in 2021, she said. 

A newly founded joint venture between Latvia's electricity utility and the state forestry administration is responsible for the construction and operation of the wind farms, which will have a total of 100 to 120 wind turbines.

Latvia had stopped importing electricity from Russia in May. However, like Estonia and Lithuania, Latvia is still part of a joint synchronized power grid with Russia and Belarus - the BRELL ring system, which dates back to the Soviet era. This means that the Baltic states remain connected to the grid of the two neighbouring countries in the east. 

©2022 dpa GmbH. Distributed by Tribune Content Agency, LLC.

Spell checking: Press the CTRL or COMMAND key then click on the underlined misspelled word.

No discussions yet. Start a discussion below.

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »