Still 10% electric cars – 2023. 3rd quarter statistical analysis – Loaded

Still 10% electric cars – 2023.  3rd quarter statistical analysis – Loaded

After a long time, the most popular electric car in Latvia has changed, but the next candidate is fast approaching. State support for the purchase of electric cars has been in effect for almost 2 years. This has certainly helped in part to maintain growth rates, which are once again higher than previously forecast. Along … Read more

Electricity Price Increase in Nord Pool Sales Areas: Baltic, Scandinavia & Central Europe

Electricity Price Increase in Nord Pool Sales Areas: Baltic, Scandinavia & Central Europe

Last week, prices increased in all “Nord Pool” sales areas. In all Baltic countries, the weekly average price of electricity was 147.88 euros per MWh, which increased by 18% compared to the previous week. At the same time, the weekly average price of the “Nord Pool” system increased by 34%, reaching an average of 102.27 … Read more

Choosing the Right Connection Capacity: A Guide for Household Electrical Needs

Choosing the Right Connection Capacity: A Guide for Household Electrical Needs

According to representatives of the “Distribution Network”, the greatest potential for evaluating the compliance of the connection capacity with the actual needs is approximately 100,000 household connections with a capacity of 3F 25A or more. When evaluating the suitability of the existing connection for the needs of the household, it is recommended to first pay … Read more

“Latvenergo Reports Record Profits and Approval of Reports at Shareholders’ Meeting”

At the regular meeting of “Latvenergo” shareholders on Thursday, May 11, the company’s 2022 annual report and the consolidated report of “Latvenergo” were approved. The Sustainability Report of the “Latvenergo” concern for 2022 and the Corporate Governance Report of “Latvenergo” for 2022 were also approved. Regarding the profit of “Latvenergo” for 2022, which reached 209.362 … Read more