Analytics, Baltic, Energy, Energy Market, Lithuania
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Sunday, 21.04.2019, 05:44
Lithuania posts lowest electricity market price in Baltics
BC, Vilnius, 06.02.2019.
Print version
Print versionElectricity prices fell across the Baltic region last week as a spell of cold weather ended, with the lowest price level registered in Lithuania, Elektrum Lietuva said LETA/BNS.
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Average prices in all three countries declined by 12% w-o-w,
to 57.35 euros per megawatt-hour (MWh) in both Estonia and Latvia and to 57.31
euros in Lithuania, the independent electricity supplier said.
It said the drop in prices was mostly due to a decrease in
demand for power as warmer temperatures arrived in the region after the
previous week's cold snap.
The Baltic countries' total power consumption contracted by
4% in January 28-February 3 week-on-week to 620 gigawatt-hours (GWh).
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