1. Home ›
  2. 🇱🇻 Latvia

⚡️ Electricity prices 🇱🇻 Latvia ⚡️

Today's electricity price in Latvia is € 26.85 /MWh (€ 0.0269 /kWh). The day-ahead price for Latvia is € 63.59 /MWh.

Latvia avg today
€ 0.0269 /kWh
Yesterday
€ 0.0381 /kWh
Last 7 days
€ 0.0968 /kWh
Last 30 days
€ 0.0794 /kWh
€ 133.66€ 5.15€/MWh855683MW2026-04-252026-05-252026-04-25: € 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 MW2026-05-05: € 91.12 /MWh · 767 MW2026-05-06: € 114.83 /MWh · 778 MW2026-05-07: € 133.66 /MWh · 806 MW2026-05-08: € 101.60 /MWh · 759 MW2026-05-09: € 82.93 /MWh · 719 MW2026-05-10: € 82.79 /MWh · 712 MW2026-05-11: € 107.31 /MWh · 759 MW2026-05-12: € 106.60 /MWh · 781 MW2026-05-13: € 116.04 /MWh · 839 MW2026-05-14: € 78.99 /MWh · 787 MW2026-05-15: € 100.06 /MWh · 752 MW2026-05-16: € 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 MW

Today's electricity price hour by hour

Hourly spot prices for Latvia on 2026-05-24. 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€ 11.01€ 0.0110
04:00€ 15.71€ 0.0157
05:00€ 10.56€ 0.0106
06:00€ 13.67€ 0.0137
07:00€ 8.56€ 0.0086
08:00€ 4.73€ 0.0047
09:00€ 2.03€ 0.0020
10:00€ -0.03€ -0.0000
11:00€ -1.23€ -0.0012
12:00€ -4.27€ -0.0043
13:00€ -8.05€ -0.0080
14:00€ -12.01€ -0.0120
15:00€ -13.55€ -0.0135
16:00€ -7.73€ -0.0077
17:00€ -0.84€ -0.0008
18:00€ 1.65€ 0.0016
19:00€ 56.79€ 0.0568
20:00€ 105.00€ 0.1050
21:00€ 120.16€ 0.1202
22:00€ 106.76€ 0.1068
23:00€ 87.84€ 0.0878
00:00€ 108.40€ 0.1084
01:00€ 101.22€ 0.1012
02:00€ 109.62€ 0.1096
⏰ 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
2026-05-25day-ahead781▲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
2026-05-15752▲27%€ 100.06€ 0.1001
2026-05-14787▼32%€ 78.99€ 0.0790
2026-05-13839▲9%€ 116.04€ 0.1160
2026-05-12781▼1%€ 106.60€ 0.1066
2026-05-11759▲30%€ 107.31€ 0.1073
2026-05-10712▼0%€ 82.79€ 0.0828
2026-05-09719▼18%€ 82.93€ 0.0829
2026-05-08759▼24%€ 101.60€ 0.1016
2026-05-07806▲16%€ 133.66€ 0.1337
2026-05-06778▲26%€ 114.83€ 0.1148
2026-05-05767▼3%€ 91.12€ 0.0911
2026-05-04700▲94%€ 94.37€ 0.0944
2026-05-03691▲844%€ 48.65€ 0.0487
2026-05-02779▼57%€ 5.15€ 0.0052
2026-05-01758▼86%€ 11.98€ 0.0120
2026-04-30839▼2%€ 83.85€ 0.0838
2026-04-29807▲59%€ 85.43€ 0.0854
2026-04-28855▲10%€ 53.76€ 0.0538
2026-04-27818▲642%€ 49.02€ 0.0490
2026-04-26790▼55%€ 6.60€ 0.0066
2026-04-25779▼70%€ 14.73€ 0.0147

Price comparison — Latvia

PeriodAveragevs today
Today€ 0.0269 /kWh—
Yesterday€ 0.0381 /kWh▲ 42%
Last 7 days€ 0.0968 /kWh▲ 261%
Last 30 days€ 0.0794 /kWh▲ 196%
Current month€ 0.0862 /kWh▲ 221%
Previous month€ 0.0574 /kWh▲ 114%
Same month last year€ 0.0680 /kWh▲ 153%

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 € 0.0269 /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