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Is a purposeful renewable energy policy implemented in Latvia?

Latvia's mandatory procurement support system has been receiving sharp criticism from the mass media and the public for several years. While acknowledging Latvia's achievements in increasing the share of "green" energy, the European Commission also points to the cost and inefficiency of Latvia's "green" electricity support policy, even from the point of view of the development of the sector. When analysing the reasons for the increase in price and inefficiency during the audit "Is a purposeful renewable energy policy implemented in Latvia?", the State Audit Office discovered cases of unduly granted support, regularly unearned potential revenues of millions from cogeneration heat "blown up in the air", and inability to prevent the purchase of expensive and inefficient technologies. Those have unfortunately proved to be systemic problems.

Sectors

Economics

Type

Combined (compliance / performance)

Number

2.4.1-17/2019

Department

The First Audit Department

Date of publication

07.01.2021.

Audited period

01.01.2011.-31.12.2019.

Lēmuma pieņemšanas datums

18.12.2020.

Audited entities

  • Ministry of Economics

Attachments