Latvia is a net energy importer. Primary energy use in Latvia was 49 TWh, or 22 TWh per million persons in 2009.IEA Key energy statistics 2010
Page: Country specific indicator numbers from page 48 In 2018, electricity consumption per capita was 3731 kWh.

Overview

Renewable energy sources

Almost half of the

electricity Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as describ ...

used in the country is provided by renewable energy sources. The main

renewable resource A renewable resource, also known as a flow resource, is a natural resource which will replenish to replace the portion depleted by usage and consumption, either through natural reproduction or other recurring processes in a finite amount of ti ...

hydroelectric power Hydroelectricity, or hydroelectric power, is electricity generated from hydropower (water power). Hydropower supplies one sixth of the world's electricity, almost 4500 TWh in 2020, which is more than all other renewable sources combined an ...

. Latvia has laws that regulate the building of power plants and plans to sell electricity at higher prices. This is a stimulus for investment, especially taking into consideration the fact that Latvia cannot offer big subsidies in order to attract investment. A production quota is approved for each renewable energy source every year.

Business

Natural gas companies include

Latvijas Gāze A/S Latvijas Gāze is a Latvian natural gas company, which deals in the importation and sale of natural gas. Latvijas Gāze is owned by Gazprom (34%), Marguerite Fund (28.97%), Uniper Ruhrgas International (18.26%) and Itera-Latvija (16%). ...

. Latvia has gas storage with a capacity of 3.2 billion cubic meters.

References

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Overview

Renewable energy sources

Business

See also

References