Latvia has in place an M&V system since 2010, based on the ex-post evaluation of the achieved energy savings. However, the current scope of covered measures includes only energy efficiency improvements in buildings. The existing M&V system also covers only those energy efficiency measures and projects, which are co-financed by the EU Funds or by national public budget support. Finally, specific procedures for the verification and the auditing of the achieved energy savings have been developed.
Best practice cases have been identified under the following topics:
- Administrative authorities and their responsibilities
- Data collection procedures
- Reporting obligations
Here is the full report on European best practices for M&V schemes and coordination mechanisms