⚡️ Electricity prices 🇱🇻 Latvia ⚡️

Today's electricity price in Latvia is € 17.43 /MWh (€ 0.0174 /kWh).

Latvia avg today
€ 0.0174 /kWh
Yesterday
€ 0.0921 /kWh
Last 7 days
€ 0.0824 /kWh
Last 30 days
€ 0.0883 /kWh
€ 136.49€ 17.43€/MWh824653MW2026-06-262026-07-252026-06-26: € 97.53 /MWh · 719 MW2026-06-27: € 74.97 /MWh · 702 MW2026-06-28: € 71.22 /MWh · 653 MW2026-06-29: € 73.97 /MWh · 719 MW2026-06-30: € 136.49 /MWh · 737 MW2026-07-01: € 128.27 /MWh · 766 MW2026-07-02: € 89.43 /MWh · 785 MW2026-07-03: € 29.55 /MWh · 804 MW2026-07-04: € 37.53 /MWh · 708 MW2026-07-05: € 50.68 /MWh · 690 MW2026-07-06: € 66.81 /MWh · 789 MW2026-07-07: € 87.02 /MWh · 768 MW2026-07-08: € 39.73 /MWh · 824 MW2026-07-09: € 117.47 /MWh · 767 MW2026-07-10: € 113.52 /MWh · 735 MW2026-07-11: € 97.18 /MWh · 683 MW2026-07-12: € 79.74 /MWh · 678 MW2026-07-13: € 98.56 /MWh · 744 MW2026-07-14: € 111.84 /MWh · 767 MW2026-07-15: € 132.36 /MWh · 741 MW2026-07-16: € 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 MW

Today's electricity price hour by hour

Hourly spot prices for Latvia on 2026-07-25. 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€ 10.28€ 0.0103
04:00€ 10.93€ 0.0109
05:00€ 11.38€ 0.0114
06:00€ 8.99€ 0.0090
07:00€ 10.43€ 0.0104
08:00€ 12.11€ 0.0121
09:00€ 10.22€ 0.0102
10:00€ 6.12€ 0.0061
11:00€ 3.85€ 0.0038
12:00€ 3.18€ 0.0032
13:00€ 3.18€ 0.0032
14:00€ 2.09€ 0.0021
15:00€ 2.63€ 0.0026
16:00€ 3.31€ 0.0033
17:00€ 4.45€ 0.0045
18:00€ 8.63€ 0.0086
19:00€ 17.87€ 0.0179
20:00€ 97.82€ 0.0978
21:00€ 85.65€ 0.0857
22:00€ 40.54€ 0.0405
23:00€ 5.14€ 0.0051
00:00€ 1.97€ 0.0020
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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
2026-07-26day-ahead
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
2026-07-1574118%€ 132.36€ 0.1324
2026-07-1476713%€ 111.84€ 0.1118
2026-07-1374424%€ 98.56€ 0.0986
2026-07-1267818%€ 79.74€ 0.0797
2026-07-1168314%€ 97.18€ 0.0972
2026-07-107353%€ 113.52€ 0.1135
2026-07-09767196%€ 117.47€ 0.1175
2026-07-0882454%€ 39.73€ 0.0397
2026-07-0776830%€ 87.02€ 0.0870
2026-07-0678932%€ 66.81€ 0.0668
2026-07-0569035%€ 50.68€ 0.0507
2026-07-0470827%€ 37.53€ 0.0375
2026-07-0380467%€ 29.55€ 0.0296
2026-07-0278530%€ 89.43€ 0.0894
2026-07-017666%€ 128.27€ 0.1283
2026-06-3073785%€ 136.49€ 0.1365
2026-06-297194%€ 73.97€ 0.0740
2026-06-286535%€ 71.22€ 0.0712
2026-06-2770223%€ 74.97€ 0.0750
2026-06-2671913%€ 97.53€ 0.0975

Price comparisonLatvia

PeriodAveragevs today
Today€ 0.0174 /kWh
Yesterday€ 0.0921 /kWh 429%
Last 7 days€ 0.0824 /kWh 373%
Last 30 days€ 0.0883 /kWh 407%
Current month€ 0.0840 /kWh 382%
Previous month€ 0.0923 /kWh 430%
Same month last year€ 0.0461 /kWh 164%

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 € 0.0174 /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