Latvia is a very interesting location for our case study as a country that imports 100 percent of its fossil fuels from Russia. Latvia gained its independence from the Soviet Union in 1991 and joined the European Union (EU) in 2004. Latvia’s electricity generation mix is made up of hydro-power, fossil fuels, biomass (including peat resources), waste, and wind.
With this background, we can turn to our case study. It involves a biomass plant that was developed in response to the need to provide low-carbon heat. In the context of government incentives of feed-in tariffs (FiT), which we have seen extensively before, the developers were able to successfully develop and fund the project.
What I would like the reader ...
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