Latvia''s Power Supply Crown in the Baltics: High Quality Confirmed by Dienas Bizness A recent analysis featured in Dienas Bizness solidifies Latvia''s position as the leader
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Get a quoteEnergolukss is the leading full-service supplier of energy-efficient and sustainable backup and guaranteed power supply solutions in Latvia since 1997. Our services are chosen by clients for
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Get a quoteA recent analysis featured in Dienas Bizness solidifies Latvia''s position as the leader in power supply quality within the Baltic nations. The report highlights the superior
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Get a quoteLatvia: Many of us want an overview of how much energy our country consumes, where it comes from, and if we''re making progress on decarbonizing our energy mix. This page provides the
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Get a quoteReliable electricity supplier in Latvia. We offer competitive tariffs, flexible conditions, and uninterrupted power supply for businesses and households.
Get a quoteIn August 2025, the average electricity price in the Latvian bidding area increased to EUR 80,2 per megawatt hour (EUR/MWh), which is 74% more than in July, while compared to August
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Get a quoteRenewable energy here is the sum of hydropower, wind, solar, geothermal, modern biomass and wave and tidal energy. Traditional biomass – the burning of charcoal, crop waste, and other organic matter – is not included. This can be an important energy source in lower-income settings. Latvia: How much of the country’s energy comes from nuclear power?
In June 2025, the average electricity price in the Latvian bidding area decreased to EUR 43,06 per megawatt hour (EUR/MWh), which is 37% less than in May, while compared to June 2024, the price is 53% lower.
In 2018, at that point the largest generator T1900 with a V16 Mitsubishi engine of 1,900 kVA for Z-Towers was delivered and installed. In 2019, the most powerful electric car charging station in Latvia was installed at Energolukss building – 100 kW. In 2019, the delivery of solar energy solutions to customers was started.
Compared to the previous month, the number rose by 174 % in Latvia, by 133 % in Lithuania, and by 196 % in Estonia. In comparison to June 2024, the number of negative price hours increased by 294 % in both Latvia and Lithuania, and by 325 % in Estonia.
In 2025, a total of 1 562 321 Guarantees of Origin (GOs) have been issued in the Latvian GO Register, which is 52 % less than in the first six months of 2024. At the same time, a significant increase in GO exports has been observed – in June alone, exports rose by 87 % compared to the previous month. Raw data can be downloaded here.
The global industrial and commercial energy storage market is experiencing unprecedented growth, with demand increasing by over 350% in the past three years. Energy storage cabinets and lithium battery solutions now account for approximately 40% of all new commercial energy installations worldwide. North America leads with a 38% market share, driven by corporate sustainability goals and federal investment tax credits that reduce total system costs by 25-30%. Europe follows with a 32% market share, where standardized energy storage cabinet designs have cut installation timelines by 55% compared to custom solutions. Asia-Pacific represents the fastest-growing region at a 45% CAGR, with manufacturing innovations reducing system prices by 18% annually. Emerging markets are adopting commercial energy storage for peak shaving and energy cost reduction, with typical payback periods of 3-5 years. Modern industrial installations now feature integrated systems with 50kWh to multi-megawatt capacity at costs below $450/kWh for complete energy solutions.
Technological advancements are dramatically improving energy storage cabinet and lithium battery performance while reducing costs for commercial applications. Next-generation battery management systems maintain optimal performance with 45% less energy loss, extending battery lifespan to 18+ years. Standardized plug-and-play designs have reduced installation costs from $900/kW to $500/kW since 2022. Smart integration features now allow industrial systems to operate as virtual power plants, increasing business savings by 35% through time-of-use optimization and grid services. Safety innovations including multi-stage protection and thermal management systems have reduced insurance premiums by 25% for commercial storage installations. New modular designs enable capacity expansion through simple battery additions at just $400/kWh for incremental storage. These innovations have significantly improved ROI, with commercial projects typically achieving payback in 4-6 years depending on local electricity rates and incentive programs. Recent pricing trends show standard industrial systems (50-100kWh) starting at $22,000 and premium systems (200-500kWh) from $90,000, with flexible financing options available for businesses.