The largest energy storage battery system will provide energy storage to transfer the generated electricity to users when there is a shortage in the electricity system.
Latvia''s large underground Inčukalns natural gas storage facility has proven instrumental in bolstering regional security of supply across the region following a ban on
Investment firm Niam Infrastructure and developer Evecon will together deploy a solar-and-storage portfolio in Latvia that could have up to 26MW of BESS capacity.
Investment firm Niam Infrastructure and developer Evecon will together deploy a solar-and-storage portfolio in Latvia that could have up to 26MW of BESS capacity.
Given Latvia''s high share of renewable electricity, the need for electricity storage technologies will increase significantly. However, there are also challenges, such as the need
Given the interest of residents in purchasing electricity-producing equipment, the Ministry of Climate and Energy (KEM) has expanded the support program and in the future
According to EBRD, this "groundbreaking transaction" represents the first project financing in the Baltic countries that is exclusively structured around the revenues generated
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
The plans of the Group to invest in battery energy storage system technology by installing 250 MW of power with a capacity of 500 MWh by 2030 is an affirmation of the
In order to support the society, government subsidized household energy bills similarly as many countries across Europe did. This applied to all households to avoid complex administration
As Latvia strengthens its commitment to renewable energy and energy independence, an increasing number of government-backed subsidies and loan programs are available in 2025 for households and
The largest energy storage battery system will provide energy storage to transfer the generated electricity to users when there is a shortage in the electricity system.
From 1 January 2023 Latvia banned the import of natural gas from Russia. The replacement comes from connections to LNG terminals, the Klaipėda LNG terminal in Lithuania, and from 2024 the recently opened Inkoo LNG terminal in Finland. JSC Conexus Baltic Grid is the natural gas transmission system operator in Latvia. International transmission pipelines are 577 km long, consisting of the Riga–Pahneva, Pleskava–Riga, Izbors
As Latvia strengthens its commitment to renewable energy and energy independence, an increasing number of government-backed subsidies and loan programs are
Given Latvia''s high share of renewable electricity, the need for electricity storage technologies will increase significantly. However, there are also challenges, such as the need for additional investment in grid

Energy storage systems are an essential element of Latvia’s path towards a sustainable and energy-independent future. The importance of these technologies is being recognized and invested in by a growing number of companies and public institutions.
Local authorities are responsible for municipal energy supply and renewable energy projects, with Latvia’s energy transition guided by the National Energy and Climate Plan and the Energy Strategy 2050.
The main renewable resource is hydroelectric power. 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.
The most recent update regarding BESS installations is that in Tume and Rēzekne, Latvia’s transmission system operator “Augstsprieguma tīkli” (AST) in June 2025 installed battery energy storage systems with a combined capacity of 80 MW and 160 MWh, which will undergo testing until October 2025.
Latvia has underground gas storage facilities at the Inčukalns UGS, with a capacity of 4.47 billion m 3. Natural gas companies include Latvijas Gāze. Renewable energy includes wind, solar, biomass and geothermal energy sources. Almost half of the electricity used in the country is provided by renewable energy sources.
In 2018, electricity consumption per capita was 3731 kWh. Latvia has adopted the EU target to produce 50% of its energy from renewable sources by 2030. The 2021-30 plan set a target of reducing greenhouse gas emissions by 65% compared to 1990. There is a target of being carbon neutral by 2050.
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