Latvia’s energy sector is currently facing significant strategic decisions – how to ensure energy security while simultaneously developing a competitive and sustainable electricity market. The current geopolitical environment and the dynamics of the European energy market underline the need for a clear direction in investments, infrastructure development, and the future model of the national energy system.
Publisher “Dienas Bizness”, in cooperation with leading energy sector companies – AS “Latvenergo”, AS “Sadales tīkls”, AS “Augstsprieguma tīkls”, AS “RĪGAS SILTUMS”, TEGOS Law Firm, and ABB – is organising the annual conference “Energy 2026”, aimed at defining practical solutions for the development of Latvia’s energy system by balancing market dynamics, renewable energy integration, and system flexibility to ensure a secure, competitive, and sustainable electricity system.
At the opening of the conference, industry leaders and international experts will analyse Latvia’s energy priorities, the development of the electricity market, price trends, and future requirements for project developers. The central focus of the discussions will address a key strategic question – where the greatest value is created: through electricity exports or domestic consumption, and how this choice impacts investments, pricing, and market development.
The second part of the conference will focus on the development of renewable energy in Latvia and the readiness of the system for its integration. Discussions will cover the role of the largest market participants, electricity grid development under decentralisation conditions, as well as the development, regulation, and investment environment for energy storage solutions (BESS). Particular attention will be given to balancing rapid growth in generation capacity with grid capacity and overall system stability.
The concluding section will focus on the practical balancing of the energy system – examining where costs arise and where opportunities exist in a system with a high share of renewable energy sources. Specific flexibility solutions will be explored, ranging from battery technologies and demand-side management to industrial participation and the role of district heating as a rapid-response resource. The discussion will also address a critical question: what ensures system stability during periods when neither wind nor solar generation is available.
The conference is focused on practical solutions and strategic decisions that will shape the development of Latvia’s energy system in the coming years – from market structure and investments to technologies and regulation.
Conference Date: 13 May 2026, 10:00 AM – 4:30 PM
Venue: ATTA CENTRE Conference Centre, 60 Krasta Street, Riga
Working Languages: Latvian and English
The conference is intended for: energy policy makers, representatives of state and municipal institutions, energy producers, developers and suppliers, representatives of energy-intensive industries and manufacturing companies, building management and real estate development professionals, representatives of financial and development institutions, and investors.
PARTICIPATION IN THE CONFERENCE (in-person or online):
Participation fee for one attendee: EUR 300 + VAT
AS “Latvenergo” legal clients and partners receive a 15% discount: EUR 255 + VAT
Annual subscribers of “Dienas Bizness” receive a 30% discount: EUR 210 + VAT*
* Subscribe now HERE and receive the participation discount immediately.
For more information:
Santa Butāne
+371 26132470 | santa.butane@db.lv
09:00–10:00 Registration and Morning Coffee
10:00–10:05 Opening Remarks
ARMANDA VILCIŅA, Journalist at “Dienas Bizness”
10:05–10:15 Opening Address
Latvia’s Energy Priorities in a Time of Geopolitical Tension: Security, Development and Competitiveness
KASPARS MELNIS, Minister for Climate and Energy
10:15–10:35 Dynamics of the European Electricity Market: Price Trends and the Baltic Outlook
Aurora Energy Research will present its latest Baltic electricity price forecast, analysing market integration, geopolitics, and investment opportunities in wind, solar and battery storage, based on Aurora’s central market scenario.
ALEXANDER ESSER, Head of Nordics & Baltics, Aurora Energy Research
10:35–10:50 Financing the Baltic Energy Transition
PATRIK MARCKERT, Director, Head of Project & Structured Finance at Nordic Investment Bank
10:50–11:30 Panel Discussion
Exporting Electricity or Consuming It Domestically: Where Is the Greatest Value Created in Latvia’s Electricity Sector?
Discussion participants:
11:30–12:10 Coffee Break
12:10–12:25 The Role of “Latvenergo” in Latvia’s Renewable Energy Breakthrough – Investment Plans and Market Outlook
DMITRIJS JUSKOVECS, Chief Commercial Officer and Member of the Management Board, AS “Latvenergo”
12:25–12:40 Electricity Grids in the Renewable Energy Era: Capacity, Decentralisation and System Readiness
SANDIS JANSONS, Chairman of the Management Board, AS “Sadales tīkls”
12:40–12:55 BESS – The Cornerstone of a Renewable Energy-Based Power System
TOMS NĀBURGS, Country Manager Latvia, “Sunly”
12:55–13:10 BESS Development in Latvia: Development Conditions, Regulation, Market and Investment Reality
AGNESE HARTPENGA, Partner at TEGOS, Baltic Board Member, Head of Energy Practice Group, Attorney-at-Law
13:10–13:50 Panel Discussion
The Impact of Electricity Storage Solutions on Power Generation, Trading and System Stability
Discussion participants:
13:50–14:50 Lunch Break
14:50–15:05 Balancing the Energy System with a High Share of Renewables: Where Costs Arise and Where Opportunities Exist
JOLANTA GRAUDONE, Head of Ancillary Services Department, AS “Augstsprieguma tīkls”
15:05–15:20 Balancing the Future Grid: EMS Integration, Energy Storage and the Cybersecurity Challenge
ŠARŪNAS STANAITIS, CEO of UAB “Inion LT”
15:20–15:35 Flexibility in Practice: How Digital Management (TRON) Connects Generation, Consumption and the Market
RIHARDS RUČEVICS, Chief Executive Officer, SIA “TRON”
15:35–15:50 49 MW in 90 Seconds: How District Heating Is Becoming a Rapid Response Resource
KALVIS KALNIŅŠ, Chairman of the Management Board, AS “RĪGAS SILTUMS”
15:50–16:30 Panel Discussion
An Hour Without Wind or Sun: Who Saves the System?
Discussion participants:
16:30 Closing Remarks
16:30–17:00 Networking & Refreshments