U.S. Energy Information Administration - EIA - Independent Statistics and Analysis
Country Analysis Note
- Latvia, which regained its independence from Soviet Union in 1991, is not a notable energy producer or consumer, ranking in the bottom four among the European Union countries on both measures.
- Almost all of Latvia's energy consumed in 2011 was imported, as the country is nearly 100 percent dependent on imports from Russia. The only exceptions are a small amount of liquid fuels produced domestically at about 1,000 barrels per day (bbl/d) and approximately 3.6 billion kilowatthours of electricity produced from renewable sources, mainly from hydropower.
- Latvia was a key country for Russia's oil exports to Europe through its Ventspils oil terminal located on the Baltic Sea coast, but with the opening of Russia's port at Primorsk and the Baltic Pipeline System, Latvia's role in Russia's crude oil and liquid fuels exports has eroded dramatically. However, it continues to play an important role as a transit country for Russia's natural gas exports. In addition, it is the only Baltic country with a functioning natural gas storage facility, the Incukalns facility, which helps meet increased demand during winter months.
- Electricity generation is primarily based on renewable sources, mainly hydropower at 54 percent of total generation. Wind and biomass and waste account for about 3 percent of total generation. An increasing share of electricity is generated by conventional thermal sources (mainly natural gas) at 43 percent. According to the European Commission, Latvia's energy consumption mix has the highest renewable energy share in the entire EU at nearly 35 percent, and includes hydropower, biomass and waste, wind, and peat.
- Latvia's integration into the EU energy market is a priority and is a goal of the Baltic Energy Market Interconnection Plan (BEMIP). The goal of the BEMIP is to create a single market for the Baltic Sea region and to establish inter-country connections. As is the case with its Baltic neighbors, Estonia and Lithuania, Latvia remains connected to the Russian electricity grid, but the market and management of the system is not consistent with EU requirements.
Analysis Last Updated: March 2013
Overview data for Latvia+ EXPAND ALL
-- = Not applicable; NA = Not available; F = Forecast value
Sources: EIA. For more detailed data, see International Energy Statistics.
Data last updated: February 12, 2013
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