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Estonian power co hopes Latvian govt will start supporting wind energy

Estonian news - eteap March 20, 2013

Baltic News Service, 20.03.2013

After opening a representation in Latvia the Estonian renewable energy company Nelja Energia hopes that the Latvian government will address support for wind energy, CEO Martin Kruus said.

“In Latvia an understandable wind energy support scheme is practically nonexistent. There have been many different schemes on paper, all of them with some kind of a trick. Basically it has not been possible so far to develop wind energy in a normal way in Latvia,” Kruus said in an interview with BNS.

Nelja Energia launched operations in Latvia partly because it’s part of its market area, the CEO said. “The other thing is that our development activities will obviously come to an end in Estonia – we finish building the plants and then wait for the government’s new instructions. Currently the instruction is that don’t do any more,” he said. This means that the company still has resource which it could employ in Latvia.

In Kruus’ words, Latvia has so far done as good as nothing but will have to do something sooner or later to achieve the goals set by the European Union.

In Lithuania Nelja Energia has completed four wind farms. “The overall capacity of the Lithuanian plants is getting close to but remains slightly below 100 megawatts. In other words, Lithuania is just as important to us as Estonia where our summary capacity is slightly bigger. The Lithuanian government seems to have taken a sincere interest in this [wind energy development] because they’re experiencing a deep [electric energy] deficit,” Kruus said.

Nelja Energia announced last August it was going to open a representation in Latvia and planned to invest half a billion euros in building 200 megawatt wind generation capacity there.


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