In terms of renewable energy resources, Latvia is among the frontrunners in the European Union – together with Sweden, Finland, Denmark and Austria, we have the highest share of renewable energy in gross final energy consumption. This is, of course, good, but let us look further, and we must consider two forms of converted energy – electricity and heat. We must recognise that Latvia's good performance in the electricity segment is only thanks to our historical legacy – the three large hydroelectric power stations (HES) built on the Daugava.