Electricity Market Law. Country/Territory Latvia Document type Legislation Date 2005 Source FAO, FAOLEX Subject Energy Keyword Energy conservation/energy production Hydropower generation Renewable energy Authorization/permit Geographical area Europe, European Union Countries, Northern Europe Entry into force notes The Law enters into force on the date of its official publication. Abstract The purpose of this Law shall be the provision of all electricity users with electricity in the most efficient possible way and to promote the production of electricity by using renewable energy sources. The Law shall regulate production of electricity. Electricity system operations shall be licensed and the licences shall be non transferable. A definite part of the total consumption of the electricity end users in Latvia shall be mandatorily covered by the electricity, which is produced by usin Full text English Website www.ttc.lv