Baltic, Energy, Energy Market, Lithuania

International Internet Magazine. Baltic States news & analytics Friday, 08.12.2023, 07:26

Lithuania's wholesale electricity prices remain high

BC, Vilnius, 15.12.2020.Print version
Lithuania's wholesale electricity prices edged down by 1 percent on average last week compared to a week ago and remain at a stable high level, Litgrid said LETA/BNS.

Electricity prices in Nord Pool's Lithuanian bidding area averaged 52.7 euros per megawatt-hour on December 7-13. Y-o-y, the average price surged by 36%, the power transmission system operator said.  


Prices in both Latvia and Estonia moved down by 1%, too, to 51.6 euros per MWh. 

As temperatures dropped, Lithuania's power consumption increased by 2% w-o-w to 267 gigawatt-hours (GWh). The country's domestic production rose by 3% to 137 GWh, covering 51% of its electricity needs.

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