Which electricity market operator operates in Latvia?Currently, one nominated electricity market operator (electricity exchange), which is Nord Pool AS, operates in Latvia. Nord Pool performs the operation of the electricity exchange, in framework of which the day-ahead and intraday electricity markets are working. Nord Pool homepage contains updated market information.
What is the legal framework for the electricity market in Latvia?The legal framework for the electricity market in Latvia is the Electricity Market Law that stipulates that the transmission system operator, with its functions, should facilitate the operation of the internal electricity market and cross-border trade, including the support of electricity exchanges development.
How much does electricity cost in Latvia in 2025?In June 2025, the average electricity price in the Latvian bidding area decreased to EUR 43,06 per megawatt hour (EUR/MWh), which is 37% less than in May, while compared to June 2024, the price is 53% lower.
How does electricity exchange work in Latvia?Electricity traders and producers carry out transactions on the electricity exchange. Transactions that exceed the limits of a particular trading area and encompasses physical transmission of electricity must be conducted within the electricity exchange only. The electricity exchange in Latvia started operating in 2013.
What hedging instruments are available in Latvia?In Latvia, two electricity trading risk hedging instruments (Forward Market) are available: All transactions (both wholesale and retail) are not only related to the commercial interests of the market participants, but also play a significant role in ensuring system balance.
How many guarantees of origin were issued in Latvia in 2025?In 2025, a total of 1 562 321 Guarantees of Origin (GOs) have been issued in the Latvian GO Register, which is 52 % less than in the first six months of 2024. At the same time, a significant increase in GO exports has been observed – in June alone, exports rose by 87 % compared to the previous month. Raw data can be downloaded he
In August 2025, the average electricity price in the Latvian bidding area increased to EUR 80,2 per megawatt hour (EUR/MWh), which is 74% more than in July, while compared to August
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Latvia, Rīga: Latvian transmission system operator AST will receive €73.24 million ($79.42 million) to develop the transmission network and prepare for the synchronization of the
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If you are interested in connection possibilities to the electricity transmission system, the Electricity producers and the Users are kindly requested to get acquainted with the
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The day-ahead electricity price is determined on the previous day, combining all the requests and offers together and setting a single price for each hour and each trading zone.
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A non walk-in compact station offers the connection possibility for string inverters (SMC and Tri-power) to the medium-voltage grid. The station is divided into three areas: low-voltage,
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Recently, 5G communication base stations have steadily evolved into a key developing load in the distribution network. During the operation process, scientific dispatching
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The transmission network links Latvia''s power stations with the energy systems of its neighbouring countries as well as distribution network companies, thus providing the
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Last weekend''s disconnection of the Baltic States from the BRELL electricity supply network with Russia and Belarus and the connection to the European grid has not
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Note: PV battery grid connect inverters and battery grid connect inverters are generally not provided to suit 12V battery systems. 48V is probably the most common but some
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The day-ahead electricity price is determined on the previous day, combining all the requests and offers together and setting a single price for each hour and
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A 5G基站储能招标 (5G base station energy storage bidding) war where companies are racing to supply battery systems faster than you can say "buffering..."! With over 816,000 5G基站 (5G
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In this detailed electricity tariff calculator is calculated and compared total monthly payment for electricity usage and connection, including AS Sadales tīkls (ST) tariffs, OIK tariffs
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This research paper presents the results of the implementation of solar hybrid power supply system at telecommunication base tower to reduce the fuel consumption at rural area. An
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Amendments to the Electricity Market Law have been passed and will come into force as of 1 April this year stipulating technical terms for flexible grid connections.
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High voltage power transmission and servicing the 330kV and 110kV power transmission lines in the Territory of Latvia. The physical flows of electricity shown on the map
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This article aims to reduce the electricity cost of 5G base stations, and optimizes the energy storage of 5G base stations connected to wind turbines and photovoltaics. Firstly, established
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When the islanding effect of the inverter occurs, it will cause great safety hazards to personal safety, power grid operation, and the inverter itself. Therefore, the grid connection
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Based on simulations performed for various levels of vRES installed capacities, we evaluated the hosting capacity of the Latvian grid for each of the innovative measures in study.
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If you are interested in connection possibilities to the electricity transmission system, the Electricity producers and the Users are kindly
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Electricity prices - Latvia This table/chart shows the Nord Pool spot exchange prices for the Latvia bidding zone in the Day-Ahead market, using local time (Europe/Riga)
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Latvia, Rīga: Latvian transmission system operator AST will receive €73.24 million ($79.42 million) to develop the transmission network
Get a quote
A non walk-in compact station offers the connection possibility for string inverters (SMC and Tri-power) to the medium-voltage grid. The station is divided into three areas: low-voltage,
Get a quote
Currently, one nominated electricity market operator (electricity exchange), which is Nord Pool AS, operates in Latvia. Nord Pool performs the operation of the electricity exchange, in framework of which the day-ahead and intraday electricity markets are working. Nord Pool homepage contains updated market information.
The legal framework for the electricity market in Latvia is the Electricity Market Law that stipulates that the transmission system operator, with its functions, should facilitate the operation of the internal electricity market and cross-border trade, including the support of electricity exchanges development.
In June 2025, the average electricity price in the Latvian bidding area decreased to EUR 43,06 per megawatt hour (EUR/MWh), which is 37% less than in May, while compared to June 2024, the price is 53% lower.
Electricity traders and producers carry out transactions on the electricity exchange. Transactions that exceed the limits of a particular trading area and encompasses physical transmission of electricity must be conducted within the electricity exchange only. The electricity exchange in Latvia started operating in 2013.
In Latvia, two electricity trading risk hedging instruments (Forward Market) are available: All transactions (both wholesale and retail) are not only related to the commercial interests of the market participants, but also play a significant role in ensuring system balance.
In 2025, a total of 1 562 321 Guarantees of Origin (GOs) have been issued in the Latvian GO Register, which is 52 % less than in the first six months of 2024. At the same time, a significant increase in GO exports has been observed – in June alone, exports rose by 87 % compared to the previous month. Raw data can be downloaded here.
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