Three Latvian wood pellet producers have signed a memorandum ensuring local residents are prioritized for supply. This commitment, announced by the Ministry of Climate and Energy on August 6th, aims to bolster energy security within Latvia. The agreement signifies a proactive response to potential supply chain disruptions and increasing demand. By prioritizing the domestic market, producers intend to stabilize prices and availability for Latvian consumers. The move comes as concerns regarding energy independence and affordability grow across Europe. The memorandum underscores a dedication to fulfilling local heating needs before exporting excess production. This initiative seeks to reassure residents about wood pellet availability during the upcoming heating season.