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Choose a market Latvia

Day-ahead market LV

Electricity prices in Latvia

July 16, 2023 Local time: Europe/Riga

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Market price only. Supplier fees, network charges and taxes are not included.

Day average

2.81ct/kWh

24 / 24 intervals

Lowest price

-5.65ct/kWh

15:00–16:00

Highest price

14.77ct/kWh

21:00–22:00

A clear view of the day

July 16, 2023 ct/kWh

Complete
Electricity prices in Latvia · July 16, 2023 Each bar represents one delivery interval. Negative prices appear below zero. All values are also available in the table. 00:00–01:00 · UTC+03:00 · 2.54 ct/kWh 01:00–02:00 · UTC+03:00 · 2.21 ct/kWh 02:00–03:00 · UTC+03:00 · 1.24 ct/kWh 03:00–04:00 · UTC+03:00 · 0.26 ct/kWh 04:00–05:00 · UTC+03:00 · 0.0070 ct/kWh 05:00–06:00 · UTC+03:00 · 0.00 ct/kWh 06:00–07:00 · UTC+03:00 · -0.04 ct/kWh 07:00–08:00 · UTC+03:00 · -0.21 ct/kWh 08:00–09:00 · UTC+03:00 · 0.02 ct/kWh 09:00–10:00 · UTC+03:00 · -0.19 ct/kWh 10:00–11:00 · UTC+03:00 · -0.46 ct/kWh 11:00–12:00 · UTC+03:00 · -0.68 ct/kWh 12:00–13:00 · UTC+03:00 · -1.17 ct/kWh 13:00–14:00 · UTC+03:00 · -1.70 ct/kWh 14:00–15:00 · UTC+03:00 · -2.17 ct/kWh 15:00–16:00 · UTC+03:00 · -5.65 ct/kWh 16:00–17:00 · UTC+03:00 · -4.83 ct/kWh 17:00–18:00 · UTC+03:00 · -0.72 ct/kWh 18:00–19:00 · UTC+03:00 · 10.98 ct/kWh 19:00–20:00 · UTC+03:00 · 12.46 ct/kWh 20:00–21:00 · UTC+03:00 · 13.14 ct/kWh 21:00–22:00 · UTC+03:00 · 14.77 ct/kWh 22:00–23:00 · UTC+03:00 · 14.76 ct/kWh 23:00–24:00 · UTC+03:00 · 12.94 ct/kWh
Market priceLowest priceHighest price

Local time · Europe/Riga

24 / 24 intervals · 60-minute intervals Received Aug 26, 2026 12:21 PM (Europe/Riga)
All 24 price intervals
Electricity prices in Latvia · July 16, 2023 · Europe/Riga
Time intervalUTC offsetMarket price ct/kWh
UTC+03:002.54
UTC+03:002.21
UTC+03:001.24
UTC+03:000.26
UTC+03:000.0070
UTC+03:000.00
UTC+03:00-0.04
UTC+03:00-0.21
UTC+03:000.02
UTC+03:00-0.19
UTC+03:00-0.46
UTC+03:00-0.68
UTC+03:00-1.17
UTC+03:00-1.70
UTC+03:00-2.17
UTC+03:00-5.65
UTC+03:00-4.83
UTC+03:00-0.72
UTC+03:0010.98
UTC+03:0012.46
UTC+03:0013.14
UTC+03:0014.77
UTC+03:0014.76
UTC+03:0012.94

Day-ahead market July 16, 2023

Daily price overview

For Latvia on July 16, 2023, the time-weighted day-ahead average is 2.81 ct/kWh.

The lowest interval is -5.65 ct/kWh at 15:00–16:00, while the highest is 14.77 ct/kWh at 21:00–22:00. The difference between the day’s low and high is 20.42 ct/kWh.

The lowest-cost continuous three-hour window runs from 14:00 to 17:00 and averages -4.22 ct/kWh. The highest-cost three-hour window is 20:00–23:00 at 14.22 ct/kWh, a difference of 18.44 ct/kWh in the wholesale component. For market-linked plans, these are useful periods to inspect when scheduling flexible consumption.

Wholesale prices are below zero for 11 h in total. Supplier charges, network fees and taxes can still keep the final customer price positive.

Price history

Averages are weighted by interval duration, not row count. Original hourly and 15-minute prices are retained. All times are local to the market.

How prices work

Wholesale day-ahead prices from official market sources, shown in the market’s local time. Original intervals and negative prices are retained.

EUR/MWh ÷ 10 = ct/kWh. The average is weighted by interval duration. Negative prices and daylight-saving changes are preserved.

ENTSO-E Transparency Platform ↗

Market and data profile

Your supplier’s markup, network charges, taxes and fixed fees depend on your contract. Use this page to understand the market component, not as a quote for your household tariff.

Exchange
Nord Pool
Bidding zone
LV · 10YLV-1001A00074
Local timezone
Europe/Riga
Price resolution
60 minutes
Published history from
2014-12-31