On December 2, 2022, the business mission of the Ukrainian delegation to Latvia, which was organized by the Latvian and Ukrainian Chambers of Commerce and Industry ended. The business mission was held under the slogan “Support Ukraine’s integration into the single Western and European market, using Latvia, Lithuania, and Estonia as entry points”, and focused on the study of the Latvian experience in renewable energy and waste processing sector of the economy.
While presenting their biomass and solar thermal power plants, and processing household waste projects, the Latvian business representatives described specific items for implementing such projects. The transition to local energy sources and the balanced development of Latvian cities and regions is the primary purpose of introducing renewable energy technologies. Today, Latvia is proud to be one of the first EU economies prepared for a complete phase-out from Russian gas.
At the same time, it should be noted quite a high wind energy potential in Latvia. The country plans to install 2,000 MW wind capacity; for stable operation of the energy system already existing balancing capacities such as hydro- and bioelectric power plants are considered. Cooperation between the two associations will contribute to the further large-scale dissemination of wind energy technologies, both in Latvia and in Ukraine. Wind energy technologies will be of particular importance for Ukraine’s post-war recovery, and for Latvia to phase out its dependence on Russian gas.
Therefore, on 1 December 2022, the Ukrainian Wind Energy Association and the Latvian Wind Energy Association signed a Memorandum of Understanding on further cooperation in wind development and experience exchange between the two countries.
The Ukrainian Wind Energy Association expresses its gratitude to the Ukrainian and Latvian Chambers of Commerce and Industry for the well-organised business mission of the Ukrainian delegation to Latvia and hopes for further cooperation in the RES development for restoring the energy system of Ukraine and the transition to energy independence and decarbonization of our countries.
