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The exchange ensures the electricity markets integration with other European Union Member States electricity markets, with which the Latvian electricity system has interconnections. Currently, one nominated electricity market operator (electricity exchange), which is Nord Pool AS, operates in Latvia.
Currently, one nominated electricity market operator (electricity exchange), which is Nord Pool AS, operates in Latvia. Nord Pool performs the operation of the electricity exchange, in framework of which the day-ahead and intraday electricity markets are working. Nord Pool homepage contains updated market information.
The legal framework for the electricity market in Latvia is the Electricity Market Law that stipulates that the transmission system operator, with its functions, should facilitate the operation of the internal electricity market and cross-border trade, including the support of electricity exchanges development.
In Latvia, two electricity trading risk hedging instruments (Forward Market) are available: All transactions (both wholesale and retail) are not only related to the commercial interests of the market participants, but also play a significant role in ensuring system balance.
First, an overview of IGTs was carried out, providing a knowledge base on the and the technical and regulatory requireme…
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Europe | OctoLatvia''s AST secures funds for grid modernization TSO AST will receive €73.24 million ($79.42 million) to …
Connections to the transmission grid Important! The capacities available for the electricity consumption and generation …
The maximum theoretical Communication Base Station Inverter Application Dec 14,  &#; The power req…
Differences in electricity prices in different bidding areas can be explained by differences in demand and supply of ele…
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