Green energy threatened by higher tariffs

LATVIA – TARIFFS

According to «Rus.LSM», power grid operators «Augstprieguma tikls» and «Saldales tikls» are under threat due to capacity maintenance tariffs. Solar panel power generation projects will be at risk of closure.

Green energy threatened by higher tariffs
Photo by vols.expert

The operators have applied to the Public Services Regulator for a tariff increase. In addition to the electricity fee itself, generating power plants in Latvia pay separately to grid operators for maintaining capacity. According to the project, the tariff may increase by 7-10 times, this according to Janis Irbe (head of Latvian Renewable Energy).

Today, for 100 kilowatt/hour, installed capacity, the fee is €250.

If the tariff is increased by 7-10 times, it is already 2,500 euros. The biggest impact of the tariff increase will be on the profitability of the solar plants. This means that it does not make economic sense to implement these projects.

(The minimum wage in Latvia is €500 before tax).

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