"Baltic Waste & Energy Group" is planning to build the first negative emission power plant in the Baltics

A company of the "Baltic Waste & Energy Group", SIA "Granit Power", has submitted an application to the European Commission’s Innovation Fund program, “Implementation of Innovative Net-Zero Carbon Emission Technologies for Climate Neutrality,” to develop the first CO₂-negative cogeneration plant in the Baltics.

17. June, 2025

Source: From the photo archive of "Baltic Waste & Energy Group"

This is an important step towards sustainable and climate-neutral energy production in Latvia. In total, 395 applications have been received for this program, requesting €21.7 billion, of which €2.4 billion is available.

The planned cogeneration plant is expected to serve not only for energy production but also for research and data collection on the efficiency and environmental impact of different types of fuels. The station is planned to generate heat and electricity using second-cycle biomass materials, such as used wood and other low-quality fuels. The new plant is expected to integrate modern CO₂ capture technologies, enabling a significant reduction in greenhouse gas emissions and ensuring real-time emissions monitoring, thus providing transparent and science-based operations.

"Our initiative is not just another energy project - it represents a completely new approach to resource utilization. Until now, low-quality biomass residues were considered a burden, but we see them as a potential energy source grounded in research. The project is currently under evaluation, and if supported, it will create an innovative model in Latvia that could be adapted and applied across the rest of the Baltic States," emphasizes Jānis Pāvuls, Technical Director of SIA "Baltic Waste & Energy Group".

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