a system that accounts hourly consumption of electricity and transmits the consumption data to the system servers.

a service that covers the market participant’s (end user’s) balance between the planned and actually consumed electricity.

the agreement price for which the electricity trader sells and the market participant (end user) buys electricity.

a standard contract between an associated user and a public trader regulating the supply of electricity and settling accounts for it.

a contract between a trader of electricity and a market participant (end user) on purchase and sale of electricity.

an obligation laid upon a public trader to purchase electricity generated from renewable energy sources and at cogeneration plants complying with the regulative enactments.

compensate additional expenditures incurred to a public trader due to the purchase of electricity under mandatory procurement. The costs of mandatory procurement of electricity are covered by all the end users in Latvia in proportion to their electricity consumption.

a licensed trader whose function is to provide transmission system services to the users connected to the network of 110 kV and 330 kV.

a function defined in the electricity trading licence of Latvenergo AS, which prescribes both trading of electricity to the associated users for tariffs approved by PUC and mandatory procurement of electricity from different generators. 

a licensed trader whose function is to provide distribution system services to the users connected to the network of 0.4 kV, 6 kV, 10 kV or 20 kV.