Title:
Financing of Bioenergy Projects in Latvia
Author(s):
Shipkovs, P., Kashkarova, G., Lebedeva, K., Jirgens, M., Purina, I., Pankars, M.
Document(s):
Paper
Abstract:
The paper describes financial mechanisms for heat sector projects in Latvia, and presents analysis of the traditional and innovative financing schemes for promotion of the sustainable use bioenergy. Analysis of Latvian energy sector development in the last years shows that it is a positive tendency -increasing role of the local and renewable energy resources in the energy balances of Latvia. The paper describes the present situation of renewable energy resources utilization in Latvia, as well as the possibilities for future development. Analyses of perspective scale of bioenergy utilization was worked out, taking into consideration possible level of efficient use of these resources with promoting innovative technologies and with ecological aspects of the energy sector development. In Latvia, approximately 70 % of the heat supply is provided by municipal DH systems, with about 60 % of the dwellings connected to these systems. The programme of switching small boiler houses, from imported fossil fuel to local fuel was developed by the Latvian Government in early 90-s, after restoration of the state independence. In order to ensure efficient and environment-friendly heat production it is very important to have a financing mechanism, to design new financing schemes and to find modern technological solutions that will promote the switching to environment-friendly fuel and also will ensure sustainability of the system taking into account real socio-economic situation.
Keywords:
bioenergy, district heating, financing mechanisms
Topic:
Policies and ensuring sustainability
Subtopic:
Financing of bioenergy projects
Event:
18th European Biomass Conference and Exhibition
Session:
VP5.5.2
Pages:
2290 - 2294
ISBN-13:
978-88-89407-56-1
ISBN-10:
88-89407-56-5
Paper DOI:
10.5071/18thEUBCE2010-VP5.5.2
Price:
FREE
