EU clears state aid for green plants in Latvia

The European Commission has approved state aid to support renewable energy and cogeneration power plants in Latvia built between 2007 and 2012. The nation notified its existing scheme to the Commission in 2015, which provides support to renewable operators with a levy on consumer bills. Latvia reviewed the support mechanism to ensure the beneficiaries are […]

EBRD buys €10m stake in waste operator

The European Bank for Reconstruction and Development (EBRD) has bought a stake worth €10 million (£7.1m) in a waste treatment operator. Eco Baltia JSC is a waste management operator in Latvia and the Baltic States. The bank’s investment will be used to build a mechanical biological treatment plant for household waste. It will extract recyclable […]

Energy lessons from Latvia

As Latvia picks up the reins for the Presidency of the European Council for the next six months, experts are urging other nations to take a few lessons on its approach to power. Latvia was called an “EU leader” for cogeneration by the boss of COGEN Europe, the trade group which backs the use of […]

Swedes lead EU’s green energy charge

The Swedes lead the European Union’s charge towards renewable energy, according to new figures from EU’s fact body Eurostat. While almost all member states increased their share of renewable energy in energy consumption between 2010 and 2011, the highest share is to be found in Sweden, Latvia, Finland and Austria. The Swedes final energy consumption […]