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Sustainable Development of Energy Systems in the Baltic Region

Chapter

Abstract

This Chapter addresses the challenges of the energy sector in the Baltic States, which are quite similar by size and the path of economic development; however unique in their energy policies at the same time. The Chapter provides wide information on the situation in power generation, infrastructure for power and gas, explains the situation on formation the energy markets in the region, as well as touches the issues of energy security, which are particularly sensitive for the Baltic States being still insufficiently connected to the rest of the European Union. Particular attention is paid to sustainability issues and increase of share of renewable energy sources in energy mix, reflecting the experience of the Baltic States in applying the state support mechanisms. The Chapter provides a common picture of the recent developments in the energy sector of the region and demonstrates the most important projects to be implemented in the coming years, drawing future perspectives and conclusions. The best practices and the experience gained from the implemented policies of the Baltic States could be also applied in other regions.

The Baltic States Energy policy Renewable energy sources Energy infrastructure Energy markets Energy security 

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Copyright information

© Springer International Publishing AG 2017

Authors and Affiliations

  1. 1.Economics and Finance DepartmentRISEBA University of Business, Arts and TechnologyRigaLatvia
  2. 2.International Business and Customs InstituteRiga Technical UniversityRigaLatvia

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