⚡️ Electricity prices 🇱🇻 Latvia ⚡️

Today's electricity price in Latvia is € 75.46 /MWh (€ 0.0755 /kWh).

Latvia avg today
€ 0.0755 /kWh
Yesterday
€ 0.0946 /kWh
Last 7 days
€ 0.0729 /kWh
Last 30 days
€ 0.0837 /kWh
€ 179.39€ 9.40€/MWh868732MW2026-08-062026-09-042026-08-06: € 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 MW2026-08-15: € 27.88 /MWh · 732 MW2026-08-16: € 20.12 /MWh · 755 MW2026-08-17: € 139.07 /MWh · 769 MW2026-08-18: € 179.39 /MWh · 774 MW2026-08-19: € 166.01 /MWh · 769 MW2026-08-20: € 143.07 /MWh · 790 MW2026-08-21: € 139.31 /MWh · 785 MW2026-08-22: € 70.88 /MWh · 744 MW2026-08-23: € 29.10 /MWh · 755 MW2026-08-24: € 107.95 /MWh · 773 MW2026-08-25: € 138.60 /MWh · 759 MW2026-08-26: € 147.37 /MWh · 779 MW2026-08-27: € 132.37 /MWh · 800 MW2026-08-28: € 66.26 /MWh · 811 MW2026-08-29: € 33.64 /MWh · 799 MW2026-08-30: € 44.60 /MWh · 749 MW2026-08-31: € 108.24 /MWh · 811 MW2026-09-02: € 90.17 /MWh · 823 MW2026-09-03: € 94.64 /MWh · 795 MW2026-09-04: € 75.46 /MWh · 816 MW

Today's electricity price hour by hour

Hourly spot prices for Latvia on 2026-09-04. 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€ 35.52€ 0.0355
04:00€ 35.07€ 0.0351
05:00€ 34.12€ 0.0341
06:00€ 40.53€ 0.0405
07:00€ 70.06€ 0.0701
08:00€ 101.02€ 0.1010
09:00€ 118.26€ 0.1183
10:00€ 120.41€ 0.1204
11:00€ 100.64€ 0.1006
12:00€ 76.33€ 0.0763
13:00€ 61.72€ 0.0617
14:00€ 50.35€ 0.0504
15:00€ 51.93€ 0.0519
16:00€ 52.33€ 0.0523
17:00€ 56.70€ 0.0567
18:00€ 65.94€ 0.0659
19:00€ 106.56€ 0.1066
20:00€ 122.77€ 0.1228
21:00€ 124.22€ 0.1242
22:00€ 111.93€ 0.1119
23:00€ 107.92€ 0.1079
00:00€ 60.80€ 0.0608
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
2026-09-05day-ahead
2026-09-0481620%€ 75.46€ 0.0755
2026-09-037955%€ 94.64€ 0.0946
2026-09-02823€ 90.17€ 0.0902
2026-09-01
2026-08-31811143%€ 108.24€ 0.1082
2026-08-3074933%€ 44.60€ 0.0446
2026-08-2979949%€ 33.64€ 0.0336
2026-08-2881150%€ 66.26€ 0.0663
2026-08-2780010%€ 132.37€ 0.1324
2026-08-267796%€ 147.37€ 0.1474
2026-08-2575928%€ 138.60€ 0.1386
2026-08-24773271%€ 107.95€ 0.1080
2026-08-2375559%€ 29.10€ 0.0291
2026-08-2274449%€ 70.88€ 0.0709
2026-08-217853%€ 139.31€ 0.1393
2026-08-2079014%€ 143.07€ 0.1431
2026-08-197697%€ 166.01€ 0.1660
2026-08-1877429%€ 179.39€ 0.1794
2026-08-17769591%€ 139.07€ 0.1391
2026-08-1675528%€ 20.12€ 0.0201
2026-08-1573275%€ 27.88€ 0.0279
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

Price comparisonLatvia

PeriodAveragevs today
Today€ 0.0755 /kWh
Yesterday€ 0.0946 /kWh 25%
Last 7 days€ 0.0729 /kWh 3%
Last 30 days€ 0.0837 /kWh 11%
Current month€ 0.0868 /kWh 15%
Previous month€ 0.0799 /kWh 6%
Same month last year€ 0.0844 /kWh 12%

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 € 0.0755 /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