⚡️ Electricity prices 🇱🇻 Latvia ⚡️
Today's electricity price in Latvia is € 37.53 /MWh (€ 0.0375 /kWh).
Today's electricity price hour by hour
Hourly spot prices for Latvia on 2026-07-04. 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 | € 18.06 | € 0.0181 |
| 04:00 | € 19.31 | € 0.0193 |
| 05:00 | € 18.47 | € 0.0185 |
| 06:00 | € 20.44 | € 0.0204 |
| 07:00 | € 22.36 | € 0.0224 |
| 08:00 | € 27.25 | € 0.0273 |
| 09:00 | € 21.30 | € 0.0213 |
| 10:00 | € 15.92 | € 0.0159 |
| 11:00 | € 16.13 | € 0.0161 |
| 12:00 | € 13.43 | € 0.0134 |
| 13:00 | € 10.75 | € 0.0108 |
| 14:00 | € 10.02 | € 0.0100 |
| 15:00 | € 11.89 | € 0.0119 |
| 16:00 | € 10.74 | € 0.0107 |
| 17:00 | € 15.00 | € 0.0150 |
| 18:00 | € 21.38 | € 0.0214 |
| 19:00 | € 33.04 | € 0.0330 |
| 20:00 | € 79.48 | € 0.0795 |
| 21:00 | € 116.54 | € 0.1165 |
| 22:00 | € 121.21 | € 0.1212 |
| 23:00 | € 119.38 | € 0.1194 |
| 00:00 | € 116.61 | € 0.1166 |
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.
| Date | MW | €/MWh | €/kWh | |
|---|---|---|---|---|
| 2026-07-05day-ahead | — | — | — | |
| 2026-07-04 | 708 | ▲27% | € 37.53 | € 0.0375 |
| 2026-07-03 | 804 | ▼67% | € 29.55 | € 0.0296 |
| 2026-07-02 | 785 | ▼30% | € 89.43 | € 0.0894 |
| 2026-07-01 | 766 | ▼6% | € 128.27 | € 0.1283 |
| 2026-06-30 | 737 | ▲85% | € 136.49 | € 0.1365 |
| 2026-06-29 | 719 | ▲4% | € 73.97 | € 0.0740 |
| 2026-06-28 | 653 | ▼5% | € 71.22 | € 0.0712 |
| 2026-06-27 | 702 | ▼23% | € 74.97 | € 0.0750 |
| 2026-06-26 | 719 | ▼13% | € 97.53 | € 0.0975 |
| 2026-06-25 | 724 | ▼13% | € 111.68 | € 0.1117 |
| 2026-06-24 | 652 | ▲25% | € 127.96 | € 0.1280 |
| 2026-06-23 | 646 | ▲10% | € 101.98 | € 0.1020 |
| 2026-06-22 | 682 | ▲93% | € 93.04 | € 0.0930 |
| 2026-06-21 | 699 | ▼9% | € 48.20 | € 0.0482 |
| 2026-06-20 | 702 | ▼44% | € 52.76 | € 0.0528 |
| 2026-06-19 | 754 | ▼4% | € 94.81 | € 0.0948 |
| 2026-06-18 | 763 | ▲3% | € 99.20 | € 0.0992 |
| 2026-06-17 | 772 | ▼6% | € 96.73 | € 0.0967 |
| 2026-06-16 | 766 | ▲45% | € 103.25 | € 0.1032 |
| 2026-06-15 | 773 | ▲216% | € 71.36 | € 0.0714 |
| 2026-06-14 | 709 | ▼53% | € 22.56 | € 0.0226 |
| 2026-06-13 | 700 | ▼57% | € 47.66 | € 0.0477 |
| 2026-06-12 | 768 | ▼6% | € 110.65 | € 0.1106 |
| 2026-06-11 | 809 | ▲28% | € 117.99 | € 0.1180 |
| 2026-06-10 | 747 | ▼15% | € 92.34 | € 0.0923 |
| 2026-06-09 | 760 | ▼18% | € 108.13 | € 0.1081 |
| 2026-06-08 | 757 | ▲154% | € 132.17 | € 0.1322 |
| 2026-06-07 | 656 | ▼42% | € 52.07 | € 0.0521 |
| 2026-06-06 | 687 | ▼10% | € 89.72 | € 0.0897 |
| 2026-06-05 | 757 | ▲61% | € 100.17 | € 0.1002 |
Price comparison — Latvia
| Period | Average | vs today |
|---|---|---|
| Today | € 0.0375 /kWh | — |
| Yesterday | € 0.0296 /kWh | ▼ 21% |
| Last 7 days | € 0.0863 /kWh | ▲ 130% |
| Last 30 days | € 0.0879 /kWh | ▲ 134% |
| Current month | € 0.0712 /kWh | ▲ 90% |
| Previous month | € 0.0923 /kWh | ▲ 146% |
| Same month last year | € 0.0461 /kWh | ▲ 23% |