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⚡️ Electricity prices 🇱🇻 Latvia ⚡️

Today's electricity price in Latvia is € 22.56 /MWh (€ 0.0226 /kWh).

Latvia avg today
€ 0.0226 /kWh
Yesterday
€ 0.0477 /kWh
Last 7 days
€ 0.0944 /kWh
Last 30 days
€ 0.0889 /kWh
€ 145.54€ 22.56€/MWh809632MW2026-05-162026-06-142026-05-16: € 87.57 /MWh · 683 MW2026-05-17: € 78.83 /MWh · 712 MW2026-05-18: € 128.01 /MWh · 779 MW2026-05-19: € 126.13 /MWh · 785 MW2026-05-20: € 106.99 /MWh · 777 MW2026-05-21: € 108.08 /MWh · 783 MW2026-05-22: € 91.55 /MWh · 759 MW2026-05-23: € 38.14 /MWh · 699 MW2026-05-24: € 26.85 /MWh · 705 MW2026-05-25: € 63.59 /MWh · 781 MW2026-05-26: € 50.86 /MWh · 786 MW2026-05-27: € 39.54 /MWh · 806 MW2026-05-28: € 85.55 /MWh · 794 MW2026-05-29: € 59.89 /MWh · 767 MW2026-05-30: € 82.91 /MWh · 639 MW2026-05-31: € 99.40 /MWh · 632 MW2026-06-01: € 145.54 /MWh · 703 MW2026-06-02: € 126.21 /MWh · 714 MW2026-06-03: € 106.80 /MWh · 726 MW2026-06-04: € 62.34 /MWh · 770 MW2026-06-05: € 100.17 /MWh · 757 MW2026-06-06: € 89.72 /MWh · 687 MW2026-06-07: € 52.07 /MWh · 656 MW2026-06-08: € 132.17 /MWh · 757 MW2026-06-09: € 108.13 /MWh · 760 MW2026-06-10: € 92.34 /MWh · 747 MW2026-06-11: € 117.99 /MWh · 809 MW2026-06-12: € 110.65 /MWh · 768 MW2026-06-13: € 47.66 /MWh · 700 MW2026-06-14: € 22.56 /MWh · 709 MW

Today's electricity price hour by hour

Hourly spot prices for Latvia on 2026-06-14. 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€ 11.58€ 0.0116
04:00€ 5.02€ 0.0050
05:00€ 5.06€ 0.0051
06:00€ 4.67€ 0.0047
07:00€ 3.95€ 0.0039
08:00€ 0.49€ 0.0005
09:00€ 0.00€ 0.0000
10:00€ 0.00€ 0.0000
11:00€ 0.00€ 0.0000
12:00€ 0.00€ 0.0000
13:00€ 0.10€ 0.0001
14:00€ -0.01€ -0.0000
15:00€ 0.71€ 0.0007
16:00€ 1.06€ 0.0011
17:00€ 1.82€ 0.0018
18:00€ 2.61€ 0.0026
19:00€ 21.44€ 0.0214
20:00€ 80.35€ 0.0804
21:00€ 90.51€ 0.0905
22:00€ 94.19€ 0.0942
23:00€ 78.57€ 0.0786
00:00€ 41.13€ 0.0411
⏰ 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
2026-06-15day-ahead———
2026-06-14709▼53%€ 22.56€ 0.0226
2026-06-13700▼57%€ 47.66€ 0.0477
2026-06-12768▼6%€ 110.65€ 0.1106
2026-06-11809▲28%€ 117.99€ 0.1180
2026-06-10747▼15%€ 92.34€ 0.0923
2026-06-09760▼18%€ 108.13€ 0.1081
2026-06-08757▲154%€ 132.17€ 0.1322
2026-06-07656▼42%€ 52.07€ 0.0521
2026-06-06687▼10%€ 89.72€ 0.0897
2026-06-05757▲61%€ 100.17€ 0.1002
2026-06-04770▼42%€ 62.34€ 0.0623
2026-06-03726▼15%€ 106.80€ 0.1068
2026-06-02714▼13%€ 126.21€ 0.1262
2026-06-01703▲46%€ 145.54€ 0.1455
2026-05-31632▲20%€ 99.40€ 0.0994
2026-05-30639▲38%€ 82.91€ 0.0829
2026-05-29767▼30%€ 59.89€ 0.0599
2026-05-28794▲116%€ 85.55€ 0.0856
2026-05-27806▼22%€ 39.54€ 0.0395
2026-05-26786▼20%€ 50.86€ 0.0509
2026-05-25781▲137%€ 63.59€ 0.0636
2026-05-24705▼30%€ 26.85€ 0.0269
2026-05-23699▼58%€ 38.14€ 0.0381
2026-05-22759▼15%€ 91.55€ 0.0916
2026-05-21783▲1%€ 108.08€ 0.1081
2026-05-20777▼15%€ 106.99€ 0.1070
2026-05-19785▼1%€ 126.13€ 0.1261
2026-05-18779▲62%€ 128.01€ 0.1280
2026-05-17712▼10%€ 78.83€ 0.0788
2026-05-16683▼12%€ 87.57€ 0.0876

Price comparison — Latvia

PeriodAveragevs today
Today€ 0.0226 /kWh—
Yesterday€ 0.0477 /kWh▲ 111%
Last 7 days€ 0.0944 /kWh▲ 319%
Last 30 days€ 0.0889 /kWh▲ 294%
Current month€ 0.0939 /kWh▲ 316%
Previous month€ 0.0823 /kWh▲ 265%
Same month last year€ 0.0432 /kWh▲ 92%

Historical electricity prices

Latest energy news in Latvia

FAQ — Latvia

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 € 0.0226 /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