EU to boost Latvian energy security

EPA/VALDA KALNINA/FILE PICTURE

View on the Incukalns Underground Gas Storage Facility in Latvia.

Šefčovič in Latvia for second Energy Union Tour


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The European Commission plans to focus on Latvian energy security and the planned synchronisation of the Baltic states’ electricity grid with the Continental European Network as part of the Baltic Energy Market Interconnection Plan during Vice-President for Energy Union Maroš Šefčovič’s visit to Latvia on February 1-2.

“Synchronisation is the European Commission’s top priority and my tour in Riga is just another step to paving the way to a final political agreement on a synchronisation option by the June European Council,” Šefčovič said ahead of his visit. “This would allow us to prepare concrete projects and their financing from the Connecting Europe Facility, under the current budgetary framework,” he added.

Šefčovič will meet Latvian Prime Minister Māris Kučinskis, Minister of Economics and Deputy Prime Minister Arvils Ašeradens, Minister of Foreign Affairs Edgards Rinkēvičs, and Minister of Finance Dana Reizniece-Ozola, as well as members of the Latvian parliament’s European Affairs Committee, the Commission said in a press release on January 31.

Discussions will also focus on the liberalisation of Latvia’s energy markets, and its progress towards its climate and energy targets for 2020 and 2030.

The Vice-President will also participate in a Citizens’ Dialogue and visit the site of the Kurzeme Ring Project in western Latvia, where a 330kV high voltage line is being constructed to boost the reliability of the region’s electricity supplies, the Commission said.

 

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