EnergyPrices

Fuel prices rising in Baltic capitals

Fuel prices in all three Baltic capital cities rose this past week, LETA has learned. The most expensive 95-octane fuel is in Tallinn, followed by Riga and then Vilnius. The [..]

Electricity prices dropping in Lithuania

Lithuania’s average wholesale electricity price dropped by 59% to EUR 56/MWh last week among windy and mild winter conditions. This was reported on Monday by Litgrid, the country’s electricity transmission [..]

Lithuanians expecting lower energy prices from EU

The latest Eurobarometer poll, which was published in Monday, shows that many Lithuanians expect the European Union to do better at co-ordinating energy issues – 71% of Lithuanians, as against [..]

Economist predicts higher inflation in Lithuania in 2025

The SEB Bank expects Lithuania’s average annual inflation rate to rise to 3% next year because an increase in excise taxes on fuel in January, as well as anticipated hikes [..]

Elektrilevi steeply raises prices of connection services

Estonia’s state-owned electricity distribution network operator Elektrilevi announced on Friday that from Sept. 1, 2024, the price per ampere, which forms the basis for connection charges in designated areas, will [..]

Gas price drops 3 pct in Lithuania in July m/m, goes up 10 pct y/y

The average market gas price in Lithuania dropped 3 percent to 38.69 euros per MWh in July, from June, but rose 10 percent year-on-year, the GET Baltic gas exchange said [..]

Estonia’s Elektrilevi increasing network fees despite high profits

Estonia’s state-owned power distribution network operator Elektrilevi announced a significant increase in network charges, despite the company generating substantial profits, and the needs for the additional funds remain unclear, Postimees [..]

Estonia’s Eesti Energia: Exchange price of electricity to decrease this summer

Increased solar energy production in the Baltics and reduced consumption during the summer will lower electricity exchange prices, although during hours when there is a shortage of affordable wind and [..]

Natural gas prices for Lithuanian consumers may fall 17-27 pct from April

Natural gas tariffs for Lithuanian consumers, currently set for the first half of this year, may be cut by 17-27 percent from April amid falling gas prices in the markets. [..]

Gaso plans to increase tariffs for natural gas distribution services from next year

The natural gas distribution system operator Gaso has submitted to the Public Utilities Commission (SPRK) new tariffs for natural gas distribution services, which envisage an increase from January 1, 2024, [..]

Adven Baltics – new natural gas supply chains promise cheaper district heating prices in the coming winter than last year in Estonia

Journalist’s Ain Alvela interview with Juhan Aguraiuja, the head of Adven Baltics, which provides district heating services in Estonia and also in Latvia, Finland and Sweden The upcoming winter and [..]