aA
Electricity prices drop in Baltics with NordBalt back online
© DELFI / Šarūnas Mažeika

Electricity prices have fallen in Lithuania in the last week as electricity imports from the Nordic countries flowed again following the fixing of problems on the Nordbalt interconnector.

Last week the average price of electricity in Lithuania and Latvia fell to €30,75/MWh. Electricity prices declined due to price decreases in Nordic markets and after work on NordBalt link fixed problems on the interconnector.

Prices across the three Baltic States are beginning to align with the same electricity price in Lithuania, Latvia and Estonia for 88% of the time with the operation of Nordbalt.

Lithuania imported the largest amount of electricity - 76% of the total electricity consumed in the country. Latvia imported 12% of the total consumption while Estonia produced 2% more electricity than it consumed.

Last week power plants in the Baltic countries produced 68% of all electricity demand in the Baltic States.

15min.lt

|Populiariausi straipsniai ir video

Special Investigation Service names biggest threat in country

Systemic corruption is the most dangerous and its initiators pose the biggest threat as experience...

Lockdown extended until June 16

Lithuania’s government on Wednesday extended the coronavirus lockdown until June 16.

Lithuania appoints its new EU permanent representative

The Seimas of Lithuania has appointed Ruta Baneviciute as its new permanent representative to the...

8 new coronavirus cases

On Tuesday, 8 new coronavirus cases were detected in Lithuania. Since the outbreak of the pandemic,...

Documents from Vilnius municipality regarding lung ventilators seized

Lithuania's Financial Crime Investigation Service has on Tuesday seized documents from Vilnius City...

Top news

Lockdown extended until June 16

Lithuania’s government on Wednesday extended the coronavirus lockdown until June 16.

Special Investigation Service names biggest threat in country

Systemic corruption is the most dangerous and its initiators pose the biggest threat as experience...

Lithuania to renew flights to more German cities and Netherlands

On 27 May Lithuanian government has allowed renewing more flights to Germany and the Netherlands .

Lithuania appoints its new EU permanent representative

The Seimas of Lithuania has appointed Ruta Baneviciute as its new permanent representative to the...

8 new coronavirus cases

On Tuesday, 8 new coronavirus cases were detected in Lithuania. Since the outbreak of the pandemic,...

|Maža didelių žinių kaina