During the meeting, the President highlighted the urgency and necessity of having a long-term energy strategy. 'The development of the energy sector in Latvia would be facilitated by a sound and transparent regulatory framework. This is pivotal to ensuring both security and competitiveness of the sector,' said E. Rinkēvičs. In line with this objective, the President of Latvia has invited stakeholders to partake in a discussion on the long-term development of the energy sector and policy in Latvia. The discussion is scheduled to take place at the Riga Castle on 1 March this year. The aim of this format is to facilitate an exchange of views and foster mutual understanding between civil servants, legislators, and industry stakeholders regarding the energy strategy until 2050.
Also, President of Latvia informed the Minister regarding the questions received from the wider public, especially during regional working visits, on the subject of tariff systems for electricity and gas consumers. E. Rinkēvičs stressed the importance of effective communication between the Ministry of Climate and Energy and the wider society regarding long-term national policy in this area. The President of Latvia also drew the Minister's attention to the concerns expressed by residents of Latvian regions regarding wind energy projects and the need to reach an agreement regarding the allocated compensation for the affected communities and municipalities involved.
