In June 2025, the average electricity price in the Latvian bidding area decreased to EUR 43,06 per megawatt hour (EUR/MWh), which is 37% less than in May, while compared to June 2024, the price is 53% lower.
Latvia''s connection to neighboring countries enables it to import and export electricity, depending on demand and supply dynamics. The interconnectivity with neighboring countries not only ensures a stable electricity supply but also encourages competition and price regulation in the market.
388A simple regression analysis shows that costs were lower in Latvia except for distances lower than [distance] kilometres. For more details on the data used to analyse the costs and the regression analysis, see recital (248). 389Eurostat, electricity prices by type of user – EUR per kWh, for industrial consumers.
Latvia''s energy sector primarily relies on a mix of resources. The country has a significant emphasis on renewable energy, particularly hydroelectric power, which is the main source of electricity. This reliance is part of a broader strategy to utilize sustainable and environmentally friendly energy sources.
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Latvia''s connection to neighboring countries enables it to import and export electricity, depending on demand and supply dynamics. The interconnectivity with neighboring …
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Meanwhile, in most European bidding zones the price increase was much steeper; The price difference between Latvia’s and Lithuania’s electricity prices and those in Estonia …
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This paper discusses strategies to modernize Latvia’s electricity sector, focusing on deeper integration with the EU electricity grid. Based on the Latvian Energy Strategy 2050, …
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Last weekend''s disconnection of the Baltic States from the BRELL electricity supply network with Russia and Belarus and the connection to the European grid has not …
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In November, the volume of electricity produced in Latvia and fed into the grid increased by 46% compared to October, reaching 491 gigawatt-hours (GWh), which is the …
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⚡️ Electricity prices 🇱🇻 Latvia LV ⚡️ The latest energy price in Latvia is € 75.75 MWh, or € 0.08 kWh This is 6% more than yesterday. 2025-11-08 - 2025-12-09
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Latvia''s connection to neighboring countries enables it to import and export electricity, depending on demand and supply dynamics. The …
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According to Latvian TSO AS “Augstspreiguma tīkls” data, in 2023, the average electricity price in Latvia decreased by 59% compared to 2022, to 93,89 EUR per megawatt …
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In Summary: Latvia’s electricity market is becoming greener, smarter, and more flexible. With growing renewable capacity, transparent pricing, and strong policy support, the country is on …
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