757,000

Customers

747

Smart house devices

6,100

Natural gas customers

320

Solar panel contracts

Latvenergo Group is one of the largest electricity traders in the Baltic states; it trades electricity and natural gas as well as an extensive range of related products and services under the Elektrum brand.

Latvenergo Group is one of the largest electricity traders in the Baltic states; it trades electricity and natural gas as well as an extensive range of related products and services under the Elektrum brand.


In 2019, the Group’s market share accounted for 23% of the Baltic electricity market, where the total consumption is around 28.1 TWh. 6.5 TWh of electricity were sold to retail customers in the Baltics. The Group has 757 thousand electricity customers in the Baltics, of which 5% are business segment customers and 95% are households. The number of customers outside Latvia amounts to more than 35 thousand.

In the reporting year, the total volume of natural gas consumed and supplied to customers by the Group reached 7.1 TWh, which is 3% more than in 2018. Presently, Latvenergo Group is the second largest natural gas consumer in the Baltic states. Since February 2019, Elektrum has also offered natural gas to Latvian households, and the number of customers in this segment reached 5.4 thousand at the end of the year. The total number of natural gas customers of the Group in the Baltics is 6.1 thousand.

Sales of other retail products and services in the Baltics states were developed in the reporting period:

  • 320 contracts on installation of solar panels were concluded, which is three times more than in the previous year. The Group’s market share in the Baltics is approximately 9%.
  • In May, Latvenergo Group became the first energy company in the Baltic states to start online sales of products and services. elektrumveikals.lv is currently offering LED bulbs, safety detectors, electric scooters, smart house devices, and solar panels and collectors. There are plans to improve the range of products in 2020.
  • In August, the Group opened its first high-speed electric car charging points, with about 1,500 charges by the end of 2019.

Sources of electricity delivered to final consumers in 2019 (% of the portfolio)

Total amount of electricity delivered to final consumers (by energy source)

Specific emission of CO2 per unit of electricity delivered to final consumers in 2019

  • 0.146 kg
    CO2/per kilowatt hour (kWh)
  • 0.146 t
    CO2/per megawatt hour (MWh)
  • 146 t
    CO2/per gigawatt hour (GWh)

We have no information available on countries of origin of the procured natural gas.

Sources of natural gas delivered to final consumers in 2019

For more information on products and services, see the Elektrum portal

Electricity

Friendly energy for your home!

Natural gas

Suitable for both - kitchen and heating!

Elektrum e-shop

energy-efficient appliances and solution for your home

Customer portal

Contact details

Charging stations

The green energy for your electric car

Energy Efficiency

The efficient use of energy