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Cabinet Order No. 129 of 2016 on the Energy Development Guidelines for 2016-2020

Country/Territory
Latvia
Document type
Miscellaneous
Date
2016
Source
FAO, FAOLEX
Original source
Latvijas Vēstnesis, 32, 16.02.2016.
Subject
Energy
Keyword
Energy conservation/energy production Policy/planning Internal trade Business/industry/corporations Consumer protection International trade Financing Natural gas Sustainable development Ecofriendly products/ecofriendly processes Climate change Renewable energy
Geographical area
Europe, Europe and Central Asia, European Union Countries, Northern Europe
Entry into force notes
2016-2020
Abstract

The Energy Development Guidelines for 2016-2020 are a policy planning document which prescribes the core principles, targets, and action directions of the Latvian government policy in the energy sector for the time period from 2016 to 2020. Their objective is to define a strategy for a competitive, safe, and sustainable energy policy, concurrently outlining the long-term trends for the development of the sector in all fields of the energy sector. The main objective of the energy policy of Latvia is to increase the competitiveness of national economy together with the implementation of other sectoral policies by facilitating the safety of supply, formation of energy resources and energy prices specified by the free market and competition, sustainable generation and consumption of energy with two targets of the energy policy: improving the safety of energy supply which provides for stable energy supply available to the consumers of energy by reducing geopolitical risks, diversifying the sources and routes of supply of energy resources, developing interconnections and the infrastructure of the national internal energy supply, introducing smart technologies in energy supply networks, forming reserves of energy resources, and participating in the improvement of the legal framework; long term optimisation of the costs of the safety of energy supply also requires regional cooperation: further integration into the networks of the EU and Scandinavian countries, achieving levelling of prices in the region; diversification of energy supply by solving issues of both electricity and gas infrastructure within the framework of the internal energy market at the EU level; sustainable energy which ensures sustainability of energy in economic, social, and environmental sense. This is planned to be achieved by improving the energy efficiency, introducing smart technologies, and promoting highly efficient generation technology and technologies for the use of renewable energy sources; meeting climate and energy policy targets, including by reducing emissions; meeting several targets in the renewable energies; and meeting several targets that have been laid down in Latvia for the time period until 2020 in energy efficiency.

Full text
English/Latvian
Website
likumi.lv