Financial support can be obtained for switching over to more eco-friendly road vehicles. According to Reinis Bērziņš, chairman of the board of the ALTUM development finance institution, its business energy efficiency programme includes financing the renovation of road vehicle fleets using greener vehicles, including those using CNG as fuel.
Natural gas and biomethane will play a significant role in long-term freight and passenger transport; however, experts concluded that the promotion of the use of alternative fuels requires infrastructure, fiscal and financial support, as well as a review of European Union (EU) policies, during the conference ‘Gas and Transport. Myths. Reality. Benefits’. The main topic of the discussion was the achievement of international climate objectives, while maintaining the competitiveness of transport companies.
On 13 October of this year, during the conference of Latvijas Gāze ‘Gas and transport. Myths. Reality. Benefits.’ a panel discussion was held, in which experts and attendees discussed options for the reduction of greenhouse gas (GHG) emissions from transport in order to meet international climate objectives while maintaining the competitiveness of the businesses.
Latvia, as with other Member States of the European Union, is committed to achieving ambitious climate objectives in the field of energy and transport. One of these objectives is to promote the use of cleaner energy for transportation.
The first half of 2020 has brought even more dynamic and challenging environment for the world and the energy industry. Mild temperatures, the lockdown measures connected to the spread of the coronavirus and low natural gas price levels were the key factors shaping the operating environment of the Latvijas Gāze.
Starting from 1 July 2020, new natural gas tariffs for households will come into effect, where the tariffs will be reduced by 8.3 % to 13,5% compared to the first half of 2020, depending on the customer's annual consumption of natural gas.