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International Internet Magazine. Baltic States news & analytics Friday, 19.04.2024, 19:57

Elektrum Lietuva: Wholesale electricity prices fall across Baltics for 2nd week running

BC, Vilnius, 14.07.2020.Print version
Wholesale electricity prices fell in all three Baltic countries for the second week in a row amid increased cross-border energy flows within the region and higher-than-usual flows from the Nordic countries, Elektrum Lietuva said.

Average electricity prices declined by 7% in Nord Pool's Lithuanian bidding area, by 9% in Latvia and by 6% in Estonia to the same level of EUR 30.17 per megawatt-hour (MWh), the independent electricity supplier said in a press release.  


The three Baltic countries' total power consumption decreased by 3% to 448 gigawatt-hours (GWh). Their overall electricity production covered 48% of the region's needs.






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