Analytics, Energy, Latvia

Kaspars Gerhards.

This information was revealed by Economy Minister Kaspars Gerhards (For Fatherland and Freedom/LNNK) in the latest Energo Forums publication, published by joint-stock energy company Latvenergo.

The minister said that state support of the power plants might manifest differently – in case of a gas-fuelled plant as participation in the transmission tariffs cost, but the support for a solid fuel plant will materialize as financing of the project development. Expert conclusions reveal that the price of energy from a gas fuel plant will be 0.2 santims per kilowatt/hour.

The minister also said that a solid fuel power plant will be supported by covering the costs of a field study, environmental impact assessment and other work to be done in the pre-project period. State support of the above mentioned tasks, before possibly constructing the solid fuel power plant, could be in the area of LVL 2.5 million.