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The energy policy governance established in Latvia does not ensure targeted progress towards achieving the ambitious goals of the National Energy and Climate Plan (NECP) and does not offer a clear solution on how to finance the measures required to achieve the goals. Significant improvements are needed in the implementation of energy policy, monitoring of the achievement of goals, planned activities and indicators set by the NECP. Priority measures that would have the greatest impact on the achievement of the NECP goals should also be determined taking into account that funding is not sufficient for the implementation of all planned measures and there is not much time left until the deadline for achieving the goals, as the State Audit Office of Latvia has concluded in its audit.
The audit provided 3 recommendations to the Climate and Energy Ministry and the Ministry of Economics for improving energy policy governance: (1) improve energy policy governance by defining priority measures to achieve the NECP goals, streamlining the monitoring and evaluation of the achieved results, as well as creating prerequisites for attracting additional private financing for the development of the energy sector; (2) reduce administrative obstacles and promote more active involvement of electricity producers in the development of renewable energy capacity; (3) improve the quality of energy sector development documents by including an electricity generation structure suitable for Latvian conditions, assessing capacity adequacy and electricity consumption forecasts in various energy sector development scenarios.
