1 / 9

Latvian Electricity and Gas Regulation Update 2007: Key Indicators and Tariffs Overview

Explore the growth of Latvia's electricity and gas sectors in 2006, with updates on new investments, tariffs, and regulatory initiatives. Discover key indicators, investment activities, and challenges faced in balancing security, costs, and the environment. Keep informed with the latest developments in the Latvian energy market.

maxine-dyer
Download Presentation

Latvian Electricity and Gas Regulation Update 2007: Key Indicators and Tariffs Overview

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ELECTRICITY REGIONAL INITIATIVE REGULATION UPDATE LATVIA Ivars Zariņš Public Utilities Commission Latvia Baltic ERI , 3 April 2007

  2. KEY INDICATORS Growth in Latvia in 2006 versus 2005 GDP 11,9 % Electricity demand 7,1 % Natural gas demand 3,5 %

  3. NEW INVESTMENTS Power generation • CHP with capacity 144 MWe has been commissioned in Riga, October 2005 • CHP with capacity 50 MWe in Riga, May 2006 • Plans to build CHP with capacity 400 MWe in Riga in 2008

  4. ACTIVITIES Assessment of tariff proposals: • Cogeneration • Electricity - transmission and distribution services and sales • Natural Gas Licensing activities: • Electricity distribution • Electricity trading Active participation in design of: • Regulatory reform • New regulation on support to power production using renewable resources • New regulation on electricty trading

  5. GAS TARIFFS Natural gas from May, 1 2007. LVL/ 1000m³ (heavy fuel oil in exchange FOB ARA, 6 m avr. 260 USD/t) increase > 0.5 th. m3 169.47 22.5% 0.5 – 25 th. m3 168.4822.7% 25 –126 th. m3 157.5431.6% 126 – 1260 th. m3 150.5831.0% 1260 – 12600 th. m3 144.6231.2% 12600 – 20 000 th. m3 140.1530.9% 20 000 – 100 000 th. m3 128.7130.9% < 100 000 th. m3 120.2731.4% Abonent fee – 0.65 LVL/month 1 LVL = 1.43 EUR

  6. ELECTRICITY TARIFFS Avarage electricty price for captive customers from January 1, 2007 (LVL/KWh) previouspresent increase 0.4KV busbars 0.03544 0.0422319% 0.4KV lines 0.04663 0.05059 9% Inhabitant* 0.04500 0.0509913% *Incuding VAT

  7. ELECTRICITY TARIFFS Avarage electricty price for captive customers from January 1, 2007 (LVL/KWh) previousepresentincrease 110 kV busbars 0.02077 0.03006 45% 110 KV lines 0.02077 0.0312751% 6-20KV busbars0.02528 0.0312324% 6-20KV lines 0.03166 0.0371317%

  8. CHALANGES How to solve power shortage and find the proper balance among: security ? costs environment

  9. THANK YOU FOR ATTENTION Web page of PUC : WWW.SPRK.GOV.LV

More Related