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Litgrid: the Increase in Solar Electricity Generation Has Reduced Its Price by 47%

In Lithuania last week, with the increase in solar power generation and the increase in wind power generation in the Nordic countries, the cost of electricity in Lithuania decreased by almost half.

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In Lithuania last week, with the increase in solar power generation and the increase in wind power generation in the Nordic countries, the cost of electricity in Lithuania decreased by almost half.

·Vilnius, Lithuania
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The average price of electricity in Latvia and Lithuania decreased by 47% last week - to 73.17 euros per megawatt hour (MWh), Latvenergo AS informed LETA.

The average price of electricity in Latvia and Lithuania decreased by 47% last week, reaching 73.17 euros per megawatt hour (MWh), according to information compiled by AS Latvenergo.

According to the company's data, from September 28 to October 4, the average weekly wholesale price of electricity on the Nord Pool and Epex Spot electricity exchanges in the Lithuanian price zone decreased from 139 to 74 euros per megawatt-hour (MWh).

·Vilnius, Lithuania
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Lietuvos Radijas ir Televizija broke the news in Vilnius, Lithuania on Monday, October 5, 2026.
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