Latvia, window of opportunity for greentech

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Latvia – Window of Opportunity For Green Technologies

30.06.2011.

Rita Rozīte, Representative of LIAA in the Netherlands

My Presentation

1. Green Technologies in Latvia:

1.1. Renewable Energy

1.2. Energy Efficiency

2. Trade Fair “Environment and Energy 2011”

Facts and Targets

State of Play / Countries

Latvia The Netherlands

Share or RES at the end of energy

consumption 2005

32,6% 2,4%

Share of RES at the end of energy

consumption 2020

40% 14%

Renewable Energy• High share of RES in gross final energy consumption (due to

hydropower and wood biomass)

• Main directions: Biomass, Biofuels, Renewable energy production

• Long standing experience and expertise

• Supportive governmental policies and EU initiatives

• In 2009 FDI in the GreenTech sector: 17 mln EUR

• 2.740 students pursuing degrees

• Window of Opportunity

Energy Efficiency

• Low energy intensity, according to Eurostat energy intensity inKilogram of Oil of Equivalent (KOE) per 1000 EUR of GDP (2008) inLatvia was 309

• Housing Market

• Well developed construction material production

• Supportive governmental policies and EU initiatives

• Window of Opportunity

Supportive Instruments

Climate Change Financing Instrument (Ministry of Enviornment and Regional Development, www.varam.gov.lv )

State Budget Program of the Republic of Latvia

Funding amount more than 200mln EUR available as of 2009

Target to decrease GHG emissions in Latvia

Tools available

EU co-financed instruments for energy efficiency for apartmentbuildings and social housing (Ministry of Economy/LIAA)

Feed-in Tariffs

My Presentation

1. Green Technologies in Latvia:

1.1. Renewable Energy

1.2. Energy Efficiency

2. Trade Fair “Environment and Energy 2011”

Environment and Energy 2011

7th edition of the “Environment and Energy 2011” in Riga

20 – 23 October, 2011

The largest event for energy efficiency and environmental technologies in the Baltic States

110 participating companies, 26.000 visitors

Countries represented: the Baltic States, Denmark, Finland, Sweden, Germany, Austria, France, Czech Republic, Poland, Russia,

United States, Canada, Switzerland

For Who?

ENERGY & ENERGY EFFICIENCY

ENVIRONMENT

INFRASTRUCTURE

Attendance

26.796 visitors

• 8.322 professionals

• 18.474 general public

8.322 Prof.

• 8.001 Latvians visitors

• 321 Foreign visitors

Repr. Companies

• 91 Latvian companies

• 19 Foreign companies

Exhibition Opening Hours

Dates / h Vistor hours Build-up Dismantling &Removal

Oct 18 -19 9:00 – 22:00

Oct 20 (Th) 10:00 - 18:00 8:30 – 10:00

Oct 21 (Fr) -22 (Sa)

10:00 – 19:00

Oct 23 (Su) 10:00 – 17:00 17:30 - 23:00

Oct 24 9:00 – 18:00

Location and Accessibility

For Your Information

Trade Fair “Environment and Energy 2011” www.bt1.lv

Exhibition Place www.rigaexpo.lv

Investment and Development Agency of Latvia:

Rita RozīteRepresentative in the Netherlands of the Investment and Development Agency of Latvia

Office: Embassy of the Republic of LatviaBalistraat 88, The Hague, 2585 XX, The Netherlands

T: +31 (0)70 306 5007, E-mail: rita.rozite@liaa.gov.lvwww.liaa.lv ; www.exim.lv ; www.polarisprocess.com

Dank U wel!

Pērses iela 2, Rīga, LV 1442, Latvija

Tālr.: +371 67039400 Fakss: +371 67039401

E-pasts: liaa@liaa.gov.lv

www.liaa.gov.lv