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It is an ambitious, environmentally friendly renewable energy project that will provide for increased energy independence and security, for more affordable energy prices, contribute to reducing costs for households and businesses, and also to creating new business opportunities for the value chain. The transition to renewable energy creates new prospects for growth and contributes to our common prosperity.
ELWIND is being launched with the aim to strengthen regional energy market by investing into offshore wind electricity production and hybrid interconnection between Estonia and Latvia.
The project will help to increase the overall regional and European energy autonomy by contributing to the integrated and synchronized European electricity market.
With ELWIND the states organize the necessary preparatory work in the form of planning, studies, and permitting for the offshore areas. The permits and conditions for connecting to the grid will be auctioned out. This way, the states can offer greater certainty to the private developers that the wind parks can be built on indicated areas, as several risks have already been mitigated.
More information on the Latvian and Estonian offshore wind farm project is available on the ELWIND website https://elwindoffshore.eu/lv/.
Stay up to date on the weekly newsletters on recent news and activities.
Stay up to date on the weekly newsletters on recent news and activities.