Latvia’s Latvenergo to deploy 250MW/500MWh of BESS by 2030

LinkedIn
Twitter
Reddit
Facebook
Email

Latvia state-owned utility and power generation firm Latvenergo intends to deploy 250MW/500MWh of BESS in the next five years.

Latvenergo said it will build the battery energy storage system (BESS) projects in response to increasing demand for flexibility and to synergise with its hydropower, gas-fired plants and solar and wind capacities under development.

The first BESS projects are being implemented in Latvia at its own production sites, starting with the ‘smaller-scale’ BESS at the Latvenergo AS CHPP-1 gas-fired power plant, before moving on to larger installations both at that site and at the Latvenergo AS CHPP-2 plant.

Procurement and selection of suppliers for the latter two projects is in progress, while the firm didn’t reveal who has been enlisted for the first, small-scale project. The firm said the deployments will make it a leader in the Baltic region’s BESS industry.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The Baltic region has been a hotspot of BESS activity over the last few years, driven by both increasing renewables and the process of uncoupling from the BRELL electricity grid operated by Russia, and connecting to Continental Europe via Poland. That process was completed just over a fortnight ago.

Large-scale BESS projects in Latvia are being deployed by private developers and operators, including Utilitas Wind and Niam Infrastructure/Evecon, as well as its transmission system operator (TSO) ATS.

Latvenergo CFO Guntars Baļčūns said: “We see huge synergetic benefits arising from our investment in BESS, both for the current generation capacity of Latvenergo and the development of existing renewable energy projects. The innovations and infrastructure of Latvenergo will not only strengthen the security of supply but also the development of the Baltic region.”

6 October 2026
Warsaw, Poland
The Energy Storage Summit Central Eastern Europe is set to return in September 2025 for its third edition, focusing on regional markets and the unique opportunities they present. This event will bring together key stakeholders from across the region to explore the latest trends in energy storage, with a focus on the increasing integration of energy storage into regional grids, evolving government policies, and the growing need for energy security.

Read Next

September 8, 2026
Aukera has closed a €460 million (US$534.23 million) structured credit facility to advance its project pipeline in five European markets.
September 3, 2026
Bulgaria now has a world-leading amount of battery storage capacity relative to energy system despite a period of political turnover, although those assets are now cannibalising the revenues which attracted investment in the first place.
August 27, 2026
A roundup of large-scale battery energy storage system (BESS) projects being financed, acquired or contracted in Poland, Lithuania, Latvia, Finland and Romania. 
August 4, 2026
The largest grid-scale battery energy storage system (BESS) project in the Czech Republic has gone online, supplied by a company invested in by lithium-ion OEM CATL. 
August 3, 2026
The European Commission (EC) has approved a financial support scheme to accelerate the deployment of battery storage technologies in Slovenia.