⚡️ Electricity prices 🇱🇻 Latvia ⚡️

Today's electricity price in Latvia is € 78.83 /MWh (€ 0.0788 /kWh). The day-ahead price for Latvia is € 128.34 /MWh.

Latvia avg today

€ 0.0788 /kWh

Yesterday

€ 0.0876 /kWh

Last 7 days

€ 0.0971 /kWh

Last 30 days

€ 0.0694 /kWh

Today's electricity price hour by hour

Hourly spot prices for Latvia on 2026-05-17. 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	€ 103.11	€ 0.1031
04:00	€ 110.35	€ 0.1103
05:00	€ 96.54	€ 0.0965
06:00	€ 91.79	€ 0.0918
07:00	€ 77.06	€ 0.0771
08:00	€ 72.67	€ 0.0727
09:00	€ 53.48	€ 0.0535
10:00	€ 24.28	€ 0.0243
11:00	€ 16.82	€ 0.0168
12:00	€ 12.28	€ 0.0123
13:00	€ 10.23	€ 0.0102
14:00	€ 9.40	€ 0.0094
15:00	€ 9.49	€ 0.0095
16:00	€ 17.16	€ 0.0172
17:00	€ 50.33	€ 0.0503
18:00	€ 89.00	€ 0.0890
19:00	€ 126.85	€ 0.1269
20:00	€ 141.46	€ 0.1415
21:00	€ 151.75	€ 0.1517
22:00	€ 153.00	€ 0.1530
23:00	€ 144.79	€ 0.1448
00:00	€ 139.78	€ 0.1398
01:00	€ 125.00	€ 0.1250
02:00	€ 123.62	€ 0.1236

⏰ 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.

Date	MW		€/MWh	€/kWh
2026-05-18^day-ahead	779	▲62%	€ 128.01	€ 0.1280
2026-05-17	712	▼10%	€ 78.83	€ 0.0788
2026-05-16	683	▼12%	€ 87.57	€ 0.0876
2026-05-15	752	▲27%	€ 100.06	€ 0.1001
2026-05-14	787	▼32%	€ 78.99	€ 0.0790
2026-05-13	839	▲9%	€ 116.04	€ 0.1160
2026-05-12	781	▼1%	€ 106.60	€ 0.1066
2026-05-11	759	▲30%	€ 107.31	€ 0.1073
2026-05-10	712	▼0%	€ 82.79	€ 0.0828
2026-05-09	719	▼18%	€ 82.93	€ 0.0829
2026-05-08	759	▼24%	€ 101.60	€ 0.1016
2026-05-07	806	▲16%	€ 133.66	€ 0.1337
2026-05-06	778	▲26%	€ 114.83	€ 0.1148
2026-05-05	767	▼3%	€ 91.12	€ 0.0911
2026-05-04	700	▲94%	€ 94.37	€ 0.0944
2026-05-03	691	▲844%	€ 48.65	€ 0.0487
2026-05-02	779	▼57%	€ 5.15	€ 0.0052
2026-05-01	758	▼86%	€ 11.98	€ 0.0120
2026-04-30	839	▼2%	€ 83.85	€ 0.0838
2026-04-29	807	▲59%	€ 85.43	€ 0.0854
2026-04-28	855	▲10%	€ 53.76	€ 0.0538
2026-04-27	818	▲642%	€ 49.02	€ 0.0490
2026-04-26	790	▼55%	€ 6.60	€ 0.0066
2026-04-25	779	▼70%	€ 14.73	€ 0.0147
2026-04-24	836	▲107%	€ 48.68	€ 0.0487
2026-04-23	850	▲17%	€ 23.91	€ 0.0239
2026-04-22	872	▼74%	€ 18.96	€ 0.0190
2026-04-21	824	▼4%	€ 69.48	€ 0.0695
2026-04-20	823	▲47%	€ 68.32	€ 0.0683
2026-04-19	728	▼10%	€ 46.67	€ 0.0467
2026-04-18	740	▼47%	€ 52.52	€ 0.0525

Price comparison — Latvia

Period	Average	vs today
Today	€ 0.0788 /kWh	—
Yesterday	€ 0.0876 /kWh	▲ 11%
Last 7 days	€ 0.0971 /kWh	▲ 23%
Last 30 days	€ 0.0694 /kWh	▼ 12%
Current month	€ 0.0849 /kWh	▲ 8%
Previous month	€ 0.0574 /kWh	▼ 27%
Same month last year	€ 0.0680 /kWh	▼ 14%

Historical electricity prices

Latest energy news in Latvia

Pasaules Banka: Enerģijas cenas šogad pieaugs par 24%, bet preču cenas par 16% - Dienas Bizness
Dienas Bizness · 19 d ago

FAQ — Latvia

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 € 0.0788 /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.