Electricity prices in Lithuania 2022
In 2022, the average wholesale day-ahead electricity price in Lithuania was € 0.2293 /kWh. Below is the month-by-month breakdown plus a chart of how prices moved through the year.
Monthly breakdown — 2022
| Month | €/MWh | €/kWh | MW |
|---|---|---|---|
| January 2022 | € 145.45 | € 0.1454 | 1,601 |
| February 2022 | € 104.90 | € 0.1049 | 1,568 |
| March 2022 | € 170.42 | € 0.1704 | 1,520 |
| April 2022 | € 116.81 | € 0.1168 | 1,409 |
| May 2022 | € 164.95 | € 0.1650 | 1,283 |
| June 2022 | € 223.29 | € 0.2233 | 1,263 |
| July 2022 | € 306.46 | € 0.3065 | 1,303 |
| August 2022 | € 480.10 | € 0.4801 | 1,357 |
| September 2022 | € 359.04 | € 0.3590 | 1,273 |
| October 2022 | € 189.46 | € 0.1895 | 1,284 |
| November 2022 | € 226.52 | € 0.2265 | 1,396 |
| December 2022 | € 264.50 | € 0.2645 | 1,509 |
Lithuania's electricity sector underwent radical change after the 2009 closure of the Soviet-era Ignalina nuclear plant, which had supplied 70% of generation and made the country a regional exporter. Litgrid, the national TSO, now runs an import-dependent grid covering ~75% of demand from Sweden (via NordBalt), Poland (LitPol), Latvia and Finland. Wind has grown rapidly to over 1.4 GW (~30% of consumption), supplemented by 700 MW of biomass CHP.
The country desynchronized from the Russian IPS/UPS system in February 2025 — together with Estonia and Latvia — joining the Continental European grid via Poland in a long-planned geopolitical move. Two offshore wind tenders for the Baltic Sea (700 MW each, online by 2030) will turn Lithuania into a structural exporter again.
The Visaginas nuclear plant, planned to replace Ignalina, was rejected by referendum in 2012 and remains shelved.