4 FAQs about Latvian energy storage lithium battery direct sales

Will Latvenergo become Baltic leader in battery energy storage systems?

Energy company Latvenergo said February 18 it is investing heavily in battery systems with the stated intention of becoming the the Baltic market leader in battery energy storage systems (BESS).

Why are batteries being installed in Latvia?

Operating synchronously with continental Europe, one of the most important functions is ensuring frequency regulation and balancing reserves. In order to ensure the required frequency regulation, batteries are being installed in Latvia.

How will Latvenergo improve the security of supply?

The innovations and infrastructure of Latvenergo will not only strengthen the security of supply but also the development of the Baltic region.” BESS, or Battery Energy Storage System, is a technology that allows electricity to be stored with the objective of feeding it back into the grid at times of peak demand.

Will Bess be able to deploy storage capacity across Baltic states?

"Future projects will be carefully evaluated to strategically deploy storage capacities across the Baltic states in order to maximise the benefits for the security of supply and customers," the company added, giving a broad hint that it will also be looking to place BESS assets in Estonia and Lithuania.

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