1. ELECTRICITY REGIONAL INITIATIVE
REGULATION UPDATE
LATVIA
Ivars Zariņš
Public Utilities Commission
Latvia
Baltic ERI , 3 April 2007

2. KEY INDICATORS Growth in Latvia in 2006 versus 2005 GDP 11,9 %
Electricity demand 7,1 %
Natural gas demand 3,5 %

3. NEW INVESTMENTS Power generation
CHP with capacity 144 MWe has been commissioned in Riga, October 2005
CHP with capacity 50 MWe in Riga, May 2006
Plans to build CHP with capacity 400 MWe in Riga in 2008

4. ACTIVITIES Licensing activities: Active participation in design of:
Assessment of tariff proposals:
Cogeneration
Electricity - transmission and distribution services
and sales
Natural Gas
Licensing activities:
Electricity distribution
Electricity trading
Active participation in design of:
Regulatory reform
New regulation on support to power production using renewable resources
New regulation on electricty trading

5. LVL/ 1000m³ (heavy fuel oil in exchange FOB ARA, 6 m avr. 260 USD/t)
GAS TARIFFS
Natural gas from May,
LVL/ 1000m³ (heavy fuel oil in exchange FOB ARA, 6 m avr. 260 USD/t)
increase
> 0.5 th. m %
0.5 – 25 th. m %
25 –126 th. m %
126 – 1260 th. m %
1260 – th. m %
12600 – th. m %
– th. m %
< th. m %
Abonent fee – 0.65 LVL/month
1 LVL = 1.43 EUR

6. ELECTRICITY TARIFFS previous present increase
Avarage electricty price for captive customers
from January 1, 2007
(LVL/KWh)
previous present increase
0.4 KV busbars %
0.4 KV lines %
Inhabitant* %
*Incuding VAT

7. previouse present increase
ELECTRICITY TARIFFS
Avarage electricty price for captive customers
from January 1, 2007
(LVL/KWh)
previouse present increase
110 kV busbars %
110 KV lines %
6-20KV busbars %
6-20KV lines %

8. ? CHALANGES security costs environment
How to solve power shortage and find
the proper balance among:
security ?
costs
environment

9. Web page of PUC : WWW.SPRK.GOV.LV
THANK YOU FOR
ATTENTION
Web page of PUC :