Rīga Conference LIVE: Baltic energy security and perspectives for green transition

Take note – story published 3 years ago

We have another of the side events of the Rīga Conference for you as a livestream.

Development of the energy sector is one of the pillars of security policy. Even though, formally, energy security is no longer justified as a priority, it is still a critical aspect of national security and thus the representatives of the sector should be seen as those providing a significant contribution to it. The Baltic states have historically operated in connection with the electric power systems of Russia and Belarus.

In order to provide more secure electric market, decision-makers took a decision to synchronise with the European grid already in 2007. Since then, considerable measures have been taken, and the Baltic States have taken significant steps to secure the electricity market and create a consumer-friendly environment. As a result, the synchronisation of the Baltics with the European electric power networks is planned for 2025. However, there are still number of challenges and a need for further steps for creating more secure and more green energy sector. It is possible to highlight the three most important dimensions in which the activities of energy professionals make an important contribution to the long-term security of society: development of the infrastructure and integrated market in sectors of the natural gas and electricity; development of renewable energy resources; wider electrification, especially in the transport and heating sectors. What is status quo of the Baltic electricity market and what are the main challenges of building more sustainable and secure network?

The discussion is organised by the Latvian Transatlantic Organisation in a cooperation with the Latvenergo and the Latvian Association of Power Engineers and Energy Constructors.

More information at the Rīga Conference website.

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