⚡️ Electricity prices 🇱🇻 Latvia ⚡️

Today's electricity price in Latvia is € 112.62 /MWh (€ 0.1126 /kWh).

Latvia avg today
€ 0.1126 /kWh
Yesterday
€ 0.1296 /kWh
Last 7 days
€ 0.0508 /kWh
Last 30 days
€ 0.0614 /kWh
€ 129.64€ 9.40€/MWh868692MW2026-07-162026-08-142026-07-16: € 129.27 /MWh · 761 MW2026-07-17: € 98.23 /MWh · 765 MW2026-07-18: € 63.02 /MWh · 703 MW2026-07-19: € 41.15 /MWh · 692 MW2026-07-20: € 89.59 /MWh · 785 MW2026-07-21: € 104.84 /MWh · 778 MW2026-07-22: € 85.89 /MWh · 777 MW2026-07-23: € 99.97 /MWh · 757 MW2026-07-24: € 92.11 /MWh · 742 MW2026-07-25: € 17.43 /MWh · 707 MW2026-07-26: € 35.14 /MWh · 710 MW2026-07-27: € 44.03 /MWh · 742 MW2026-07-28: € 17.45 /MWh · 796 MW2026-07-29: € 49.49 /MWh · 780 MW2026-07-30: € 49.23 /MWh · 781 MW2026-07-31: € 19.91 /MWh · 815 MW2026-08-01: € 56.94 /MWh · 707 MW2026-08-02: € 29.41 /MWh · 699 MW2026-08-03: € 69.15 /MWh · 765 MW2026-08-04: € 80.94 /MWh · 759 MW2026-08-05: € 65.69 /MWh · 799 MW2026-08-06: € 13.95 /MWh · 868 MW2026-08-07: € 11.17 /MWh · 838 MW2026-08-08: € 9.40 /MWh · 757 MW2026-08-09: € 23.72 /MWh · 744 MW2026-08-10: € 21.68 /MWh · 838 MW2026-08-11: € 36.59 /MWh · 839 MW2026-08-12: € 123.47 /MWh · 766 MW2026-08-13: € 129.64 /MWh · 781 MW2026-08-14: € 112.62 /MWh · 769 MW

Today's electricity price hour by hour

Hourly spot prices for Latvia on 2026-08-14. 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€ 117.07€ 0.1171
04:00€ 111.50€ 0.1115
05:00€ 142.89€ 0.1429
06:00€ 116.64€ 0.1166
07:00€ 157.13€ 0.1571
08:00€ 169.03€ 0.1690
09:00€ 149.67€ 0.1497
10:00€ 117.01€ 0.1170
11:00€ 47.13€ 0.0471
12:00€ 41.63€ 0.0416
13:00€ 31.21€ 0.0312
14:00€ 29.66€ 0.0297
15:00€ 32.32€ 0.0323
16:00€ 42.79€ 0.0428
17:00€ 41.04€ 0.0410
18:00€ 100.83€ 0.1008
19:00€ 143.02€ 0.1430
20:00€ 169.89€ 0.1699
21:00€ 223.63€ 0.2236
22:00€ 160.00€ 0.1600
23:00€ 92.58€ 0.0926
00:00€ 177.52€ 0.1775
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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
2026-08-15day-ahead
2026-08-1476913%€ 112.62€ 0.1126
2026-08-137815%€ 129.64€ 0.1296
2026-08-12766237%€ 123.47€ 0.1235
2026-08-1183969%€ 36.59€ 0.0366
2026-08-108389%€ 21.68€ 0.0217
2026-08-09744152%€ 23.72€ 0.0237
2026-08-0875716%€ 9.40€ 0.0094
2026-08-0783820%€ 11.17€ 0.0112
2026-08-0686879%€ 13.95€ 0.0140
2026-08-0579919%€ 65.69€ 0.0657
2026-08-0475917%€ 80.94€ 0.0809
2026-08-03765135%€ 69.15€ 0.0692
2026-08-0269948%€ 29.41€ 0.0294
2026-08-01707186%€ 56.94€ 0.0569
2026-07-3181560%€ 19.91€ 0.0199
2026-07-307811%€ 49.23€ 0.0492
2026-07-29780184%€ 49.49€ 0.0495
2026-07-2879660%€ 17.45€ 0.0175
2026-07-2774225%€ 44.03€ 0.0440
2026-07-26710102%€ 35.14€ 0.0351
2026-07-2570781%€ 17.43€ 0.0174
2026-07-247428%€ 92.11€ 0.0921
2026-07-2375716%€ 99.97€ 0.1000
2026-07-2277718%€ 85.89€ 0.0859
2026-07-2177817%€ 104.84€ 0.1048
2026-07-20785118%€ 89.59€ 0.0896
2026-07-1969235%€ 41.15€ 0.0412
2026-07-1870336%€ 63.02€ 0.0630
2026-07-1776524%€ 98.23€ 0.0982
2026-07-167612%€ 129.27€ 0.1293

Price comparisonLatvia

PeriodAveragevs today
Today€ 0.1126 /kWh
Yesterday€ 0.1296 /kWh 15%
Last 7 days€ 0.0508 /kWh 55%
Last 30 days€ 0.0614 /kWh 46%
Current month€ 0.0560 /kWh 50%
Previous month€ 0.0747 /kWh 34%
Same month last year€ 0.0802 /kWh 29%

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 € 0.1126 /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