⚡️ Electricity prices 🇱🇻 Latvia ⚡️

Today's electricity price in Latvia is € 178.78 /MWh (€ 0.1788 /kWh).

Latvia avg today
€ 0.1788 /kWh
Yesterday
€ 0.1886 /kWh
Last 7 days
€ 0.0666 /kWh
Last 30 days
€ 0.0987 /kWh
€ 252.05€ 5.99€/MWh883714MW2026-08-252026-09-232026-08-25: € 138.60 /MWh · 759 MW2026-08-26: € 147.37 /MWh · 779 MW2026-08-27: € 132.37 /MWh · 800 MW2026-08-28: € 66.26 /MWh · 811 MW2026-08-29: € 33.64 /MWh · 799 MW2026-08-30: € 44.60 /MWh · 749 MW2026-08-31: € 108.24 /MWh · 811 MW2026-09-02: € 90.17 /MWh · 823 MW2026-09-03: € 94.64 /MWh · 795 MW2026-09-04: € 75.46 /MWh · 816 MW2026-09-05: € 18.20 /MWh · 790 MW2026-09-06: € 70.62 /MWh · 714 MW2026-09-07: € 132.20 /MWh · 832 MW2026-09-08: € 36.33 /MWh · 883 MW2026-09-09: € 129.35 /MWh · 821 MW2026-09-10: € 68.52 /MWh · 846 MW2026-09-11: € 101.45 /MWh · 822 MW2026-09-12: € 166.20 /MWh · 732 MW2026-09-13: € 168.04 /MWh · 758 MW2026-09-14: € 252.05 /MWh · 805 MW2026-09-15: € 214.61 /MWh · 843 MW2026-09-16: € 57.64 /MWh · 870 MW2026-09-17: € 84.22 /MWh · 867 MW2026-09-18: € 41.81 /MWh · 852 MW2026-09-19: € 5.99 /MWh · 849 MW2026-09-20: € 8.84 /MWh · 805 MW2026-09-21: € 78.85 /MWh · 853 MW2026-09-22: € 188.62 /MWh · 835 MW2026-09-23: € 178.78 /MWh · 857 MW

Today's electricity price hour by hour

Hourly spot prices for Latvia on 2026-09-23. Updated automatically every night at midnight and refreshed again when ENTSO-E publishes new day-ahead data. Times are shown in EEST.

Hour€/MWh€/kWh
03:00€ 156.47€ 0.1565
04:00€ 159.01€ 0.1590
05:00€ 155.51€ 0.1555
06:00€ 175.29€ 0.1753
07:00€ 201.52€ 0.2015
08:00€ 281.73€ 0.2817
09:00€ 231.96€ 0.2320
10:00€ 183.32€ 0.1833
11:00€ 145.11€ 0.1451
12:00€ 129.45€ 0.1295
13:00€ 126.26€ 0.1263
14:00€ 122.64€ 0.1226
15:00€ 122.44€ 0.1224
16:00€ 129.10€ 0.1291
17:00€ 160.65€ 0.1606
18:00€ 201.45€ 0.2015
19:00€ 242.30€ 0.2423
20:00€ 275.29€ 0.2753
21:00€ 245.35€ 0.2453
22:00€ 201.77€ 0.2018
23:00€ 171.44€ 0.1714
00:00€ 153.65€ 0.1536
Cheapest-hour calculator🔌 EV charging cost🌡️ Heat pump savings☀️ Solar payback

Latvia's electricity generation is dominated by three large hydropower plants on the Daugava river — Pļaviņas (894 MW), Riga (402 MW) and Ķegums (264 MW) — which together cover around 45% of national supply in average years. AST, the national TSO, operates the LV bidding zone within the Baltic synchronous area, fully desynchronized from Russia in February 2025 alongside Estonia and Lithuania. Latvenergo, the state utility, also operates the 432 MW Riga CHP gas plant providing district heating and flexibility.

Wind capacity has lagged Estonia and Lithuania at under 200 MW, but a 2 GW pipeline of onshore and offshore projects is in permitting. Latvia imports around 30% of consumption from Estonia (via the EstLink-coupled Nordic price area) and Lithuania, plus occasional flows from Sweden via the SE4 zone.

Day-ahead clearing happens on Nord Pool's Baltic price area.

DateMW€/MWh€/kWh
2026-09-24day-ahead
2026-09-238575%€ 178.78€ 0.1788
2026-09-22835139%€ 188.62€ 0.1886
2026-09-21853792%€ 78.85€ 0.0788
2026-09-2080547%€ 8.84€ 0.0088
2026-09-1984986%€ 5.99€ 0.0060
2026-09-1885250%€ 41.81€ 0.0418
2026-09-1786746%€ 84.22€ 0.0842
2026-09-1687073%€ 57.64€ 0.0576
2026-09-1584315%€ 214.61€ 0.2146
2026-09-1480550%€ 252.05€ 0.2521
2026-09-137581%€ 168.04€ 0.1680
2026-09-1273264%€ 166.20€ 0.1662
2026-09-1182248%€ 101.45€ 0.1015
2026-09-1084647%€ 68.52€ 0.0685
2026-09-09821256%€ 129.35€ 0.1293
2026-09-0888373%€ 36.33€ 0.0363
2026-09-0783287%€ 132.20€ 0.1322
2026-09-06714288%€ 70.62€ 0.0706
2026-09-0579076%€ 18.20€ 0.0182
2026-09-0481620%€ 75.46€ 0.0755
2026-09-037955%€ 94.64€ 0.0946
2026-09-02823€ 90.17€ 0.0902
2026-09-01
2026-08-31811143%€ 108.24€ 0.1082
2026-08-3074933%€ 44.60€ 0.0446
2026-08-2979949%€ 33.64€ 0.0336
2026-08-2881150%€ 66.26€ 0.0663
2026-08-2780010%€ 132.37€ 0.1324
2026-08-267796%€ 147.37€ 0.1474
2026-08-2575928%€ 138.60€ 0.1386

Price comparisonLatvia

PeriodAveragevs today
Today€ 0.1788 /kWh
Yesterday€ 0.1886 /kWh 6%
Last 7 days€ 0.0666 /kWh 63%
Last 30 days€ 0.0987 /kWh 45%
Current month€ 0.1028 /kWh 42%
Previous month€ 0.0799 /kWh 55%
Same month last year€ 0.0844 /kWh 53%

Historical electricity prices

Latest energy news in Latvia

FAQLatvia

How is the electricity price determined?
Day-ahead prices in Latvia are auctioned each morning around 14:00 EEST on Nord Pool / EPEX. The cheapest mix of generation that meets demand wins; that price applies for the next 24 hours.
When is electricity cheapest?
Today's average wholesale price in Latvia is € 0.1788 /kWh. Cheapest hours typically fall between 00:00–04:00 EEST and around midday on sunny / windy days.
Why is my electricity bill higher than the spot price?
The wholesale spot price you see here is one component. Your retail bill in Latvia also adds electricity tax, grid fees, VAT and a supplier markup — total roughly 30–60 % above wholesale.
How accurate is this data?
Source: ENTSO-E Transparency Platform, the EU regulator's data feed. Updated every 10–20 minutes.
Are tomorrow's prices already known?
Tomorrow's day-ahead prices for Latvia appear on this page automatically once Nord Pool / EPEX closes the auction around 14:00 EEST each day.

Compare with neighbouring countries

Electricity prices in cities in Latvia