Energy Reports

Latvia energy report

Latvia energy market analysis is derived from the most recent key economic indicators, supply and demand factors, oil & gas pricing trends and major energy issues and developments surrounding the energy industry. The analysis includes a comprehensive energy market report and updated Latvia energy market data.

Latvia energy report
Update: August, 2017
Format: 2 files (PDF report, Excel file)
Pages: 34 (Report only)
Delivery: Immediate by e-mail


Overview

Latvia energy market report offers an incisive and reliable overview of the energy sector in Latvia. With a focus on oil, gas, coal and power markets, the report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2015 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities.

  • Institutions & Energy Policy

    The Ministry of Economics supervises the energy sector through the Energy Market and Infrastructure Department and the Renewable Energy and Energy Efficiency Department. It drafts the energy policy and works to ensure energy security through the promotion of renewable energies,...

  • Energy Companies

    Gas:

    Latvijas Gaze (Gazprom 34%, EU Marguerite Fund 28.97%, Uniper 18.26%, and Itera-Latvija 16%) was unbundled in April 2017: its transmission and storage operations were transferred to a new company named Conexus Baltic Grid, while Latvijas Gaze retained gas...

  • Energy Supply

    Oil:

    Latvia does not have a refinery. It imports all its refined products by rail and pipeline from Russia, Belarus and the Lithuanian refinery of Mazeikiai. Oil product imports have been increasing steadily since 2010 (+6.6%/year), reaching 2.6 Mt in 2015, but they dipped by 2% in 2016 (66% diesel...

  • Energy Prices

    Gas:

    The price of natural gas increased 6-fold for industry and nearly 8-fold for households between 2000 and 2012. They have been decreasing slightly since then (-9.5%/year and -6.2%/year, respectively, until 2016); prices fell by 20% for industry and by 15% for households in 2016. Residential...

  • Energy Consumption

    Energy consumption per capita is 2.1 toe (32% below the EU average), including 3 320 kWh of electricity, i.e. 41% below the EU average (2015).

    Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

    ...

  • Issues & Prospects

    The Energy Strategy of the Energy Ministry forecasts that total energy consumption will increase by around 7% between 2010 and 2020, and by 3.7% between 2020 and 2030. By 2030, electricity consumption should grow by 24% (with wind power accounting for nearly half of total electricity by 2030)....

  • GENERAL OVERVIEW
  • INSTITUTIONS AND ENERGY POLICY
  • ENERGY COMPANIES
  • ENERGY SUPPLY
  • ENERGY PRICES
  • ENERGY CONSUMPTION
  • ISSUES AND PROSPECTS
  • DATA TABLES
  • ABBREVIATIONS
  • GLOSSARY
Download the Table of Contents

In the Latvia market report you will find the graphs mentioned below:

  • GRAPH 1: CO2-energy emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2015, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2015, %)
  • GRAPH 5: Map of natural gas infrastructure
  • GRAPH 6: Gasoline & diesel prices (€/l)
  • GRAPH 7: Electricity prices for industry and households (€c/kWh)
  • GRAPH 8: Gas prices for industry and households (€c/kWh GCV)
  • GRAPH 9: Consumption trends by energy source (Mtoe)
  • GRAPH 10: Total consumption market share by energy (2015, %)
  • GRAPH 11: Final consumption market share by sector (2015, %)
  • GRAPH 12: Oil consumption (Mt)
  • GRAPH 13: Oil consumption breakdown by sector (2015, %)
  • GRAPH 14: Electricity consumption (TWh)
  • GRAPH 15: Electricity consumption breakdown by sector (2015, %)
  • GRAPH 16: Natural gas consumption (bcm)
  • GRAPH 17: Gas consumption breakdown by sector (2015, %)
  • GRAPH 18: Coal consumption (Mt)
  • GRAPH 19: Coal consumption breakdown by sector (2015, %)

In the Latvia market report you will find follow tables:

  • Economic Indicators: Annual historical data including population, GNP growth, imports & exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil & gas reserves, electric & refining capacity, energy production, power production and external trade. All detailed by energy source.
  • Demand Indicators: Historical data includes consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source & sector, and, electricity consumption by sector.
  • Energy Balances: Unique tabular display of the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
  • Infrastructure Projects: Covers power plant projects by energy, technology, status and operator, Gas plant projects by status and operator and LNG contracts.

The Latvia market data since 1990 included in the Excel file is given below.
Historical evolution allows to easily work with the data.

2015 Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Latvia Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Latvia energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).


Back to the market reports
Secured payment by Banque Populaire des Alpes VISA MASTERCARD