Posts tagged as Foreign Minister Edgars Rinkēvičs

The Baltic states depend on global climate forecasts

By Vairis Godmanis on Friday, November 2, 2018

The price of electricity in European countries has increased 20-40% this year. This includes a 30% increase in Latvia and Lithuania, says Latvenergo Sales Department manager Guntis Lūsis. According to him, the main factors that affect prices are associated with global raw material markets, regional and access to production sources, as well as wind energy fluctuation, temperature or hydro energy storage changes and price fluctuations for coal and gas. Consumers’…