electricity prices

16 articles

Karolis Broga

On 13-19 May, compared with the previous week, electricity price in the Lithuanian bidding area of the Nord Pool power market decreased by 14%, from EUR 81 to EUR 70/MWh. This was mostly affected by greater electricity generation by solar power plants.

Karolis Broga

Average wholesale electricity price decreased by 11% in Lithuania last week and was the lowest this year, shows data published by Litgrid, Lithuania’s electricity transmission system operator.

Karolis Broga

In February 2024, compared with January 2024, wholesale electricity price in Lithuania was by 36% lower and stood at EUR 74.78/MWh. Electricity price in Latvia dropped by 36% to EUR 74.78/MWh, while in Estonia it dropped by 40% to EUR 75.52/MWh.

Karolis Broga

On 8-14 January, compared with the previous week, the wholesale electricity price in Lithuania dropped by 49% and on average was EUR 103.01/MWh. In Latvia, electricity price decreased by 49% as well, while in Estonia it slumped 58% and in both countries stood at EUR 102.73/MWh.

Karolis Broga

Electricity consumption and prices decreased in Lithuania in the second half of December 2023, whereas cheaper electricity generated by wind farms replaced electricity generated by thermal power plants, reports electricity transmission system operator Litgrid.

In 2016, the average price for electricity in the Lithuanian bidding area of Nord Pool was the lowest in the history of the exchange: EUR 36.5 per megawatt hour (MWh). The price was 13% lower compared to 2015 and 25% lower than in 2014 and 2013, LitGrid AB informed in its press release today.