Geothermal Energy Competiveness in Latvian Heat Market

Abstract

Analysis of the energy development tendencies and demand for energy, which is especially characterised for the 21 century, shows a number of problems. One of the most important is the proportion of the use of different types of energy resources. The answer to this problem depends not only on the existence of energy resources, but rather on competitiveness of technologies employed, traditional energy resources, and renewable resources, especially geothermal geothermal resources. Equally important factors are the market situation and market regulation. The competitive situation in the Latvian heating market has been a debated topic during the last years, not the least considering the large price differences regarding district heating in different Latvian regions.