⚡️ Electricity prices 🇱🇻 Latvia ⚡️

Today's electricity price in Latvia is € 94.37 /MWh (€ 0.0944 /kWh).

Latvia avg today
€ 0.0944 /kWh
Yesterday
€ 0.0487 /kWh
Last 7 days
€ 0.0483 /kWh
Last 30 days
€ 0.0528 /kWh
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€ 127.42€ 2.08€/MWh888691MW2026-04-052026-05-042026-04-05: € 2.08 /MWh · 834 MW2026-04-06: € 2.94 /MWh · 844 MW2026-04-07: € 26.85 /MWh · 888 MW2026-04-08: € 59.75 /MWh · 835 MW2026-04-09: € 66.95 /MWh · 850 MW2026-04-10: € 88.93 /MWh · 822 MW2026-04-11: € 74.47 /MWh · 732 MW2026-04-12: € 55.43 /MWh · 720 MW2026-04-13: € 85.73 /MWh · 822 MW2026-04-14: € 81.60 /MWh · 809 MW2026-04-15: € 111.66 /MWh · 807 MW2026-04-16: € 127.42 /MWh · 843 MW2026-04-17: € 95.65 /MWh · 811 MW2026-04-18: € 52.52 /MWh · 740 MW2026-04-19: € 46.67 /MWh · 728 MW2026-04-20: € 68.32 /MWh · 823 MW2026-04-21: € 69.48 /MWh · 824 MW2026-04-22: € 18.96 /MWh · 872 MW2026-04-23: € 23.91 /MWh · 850 MW2026-04-24: € 48.68 /MWh · 836 MW2026-04-25: € 14.73 /MWh · 779 MW2026-04-26: € 6.60 /MWh · 790 MW2026-04-27: € 49.02 /MWh · 818 MW2026-04-28: € 53.76 /MWh · 855 MW2026-04-29: € 85.43 /MWh · 807 MW2026-04-30: € 83.85 /MWh · 839 MW2026-05-01: € 11.98 /MWh · 758 MW2026-05-02: € 5.15 /MWh · 779 MW2026-05-03: € 48.65 /MWh · 691 MW2026-05-04: € 94.37 /MWh · 700 MW

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
2026-05-05day-ahead
2026-05-0470094%€ 94.37€ 0.0944
2026-05-03691844%€ 48.65€ 0.0487
2026-05-0277957%€ 5.15€ 0.0052
2026-05-0175886%€ 11.98€ 0.0120
2026-04-308392%€ 83.85€ 0.0838
2026-04-2980759%€ 85.43€ 0.0854
2026-04-2885510%€ 53.76€ 0.0538
2026-04-27818642%€ 49.02€ 0.0490
2026-04-2679055%€ 6.60€ 0.0066
2026-04-2577970%€ 14.73€ 0.0147
2026-04-24836107%€ 48.68€ 0.0487
2026-04-2385017%€ 23.91€ 0.0239
2026-04-2287274%€ 18.96€ 0.0190
2026-04-218244%€ 69.48€ 0.0695
2026-04-2082347%€ 68.32€ 0.0683
2026-04-1972810%€ 46.67€ 0.0467
2026-04-1874047%€ 52.52€ 0.0525
2026-04-1781126%€ 95.65€ 0.0957
2026-04-1684314%€ 127.42€ 0.1274
2026-04-1580735%€ 111.66€ 0.1117
2026-04-148096%€ 81.60€ 0.0816
2026-04-1382253%€ 85.73€ 0.0857
2026-04-1272029%€ 55.43€ 0.0554
2026-04-1173216%€ 74.47€ 0.0745
2026-04-1082237%€ 88.93€ 0.0889
2026-04-098507%€ 66.95€ 0.0670
2026-04-0883597%€ 59.75€ 0.0597
2026-04-07888716%€ 26.85€ 0.0269
2026-04-0684421%€ 2.94€ 0.0029
2026-04-0583487%€ 2.08€ 0.0021

Price comparisonLatvia

PeriodAveragevs today
Today€ 0.0944 /kWh
Yesterday€ 0.0487 /kWh 48%
Last 7 days€ 0.0483 /kWh 49%
Last 30 days€ 0.0528 /kWh 44%
Current month€ 0.0400 /kWh 58%
Previous month€ 0.0574 /kWh 39%
Same month last year€ 0.0680 /kWh 28%

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 € 0.0944 /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