Elektrum Lietuva: during the week, the price of electricity in Lithuania increased by 56 percent. | Business
“Electricity prices in the Baltics echoed the Nordic trends. The rise in electricity prices last week was driven by 48 percent. declining wind energy production in the Nord Pool region. Electricity prices in the Baltics were also affected by 32%. lower energy flows from Sweden’s SE4 trade area and 23% lower energy flows from Finland, ”says Artūras Zatulinas, Head of Corporate Banking at Elektrum Lietuva, an electricity supply company.
In the first week of the exchange, the price of Nord Pool increased by 54%. up to 145.71 Eur / MWh. Electricity consumption in the Nord Pool region fell to 6,857 GWh, with production falling to 7,225 GWh.
As the Nordic nuclear power plant’s annual maintenance season continues, total available nuclear capacity was 78 percent last week.
Both electricity production and consumption decreased in Lithuania
Electricity consumption in the Baltic States did not change during the week and amounted to 482 GWh. In Lithuania, consumption contracted by 1% during the week. and was 207 GWh. In Latvia, electricity consumption increased by 1% during the week. to 127 GWh, and 1% in Estonia. electricity less than in the previous week, ie 148 GWh.
Electricity production in the Baltics increased by 6% last week. up to 321 GWh. 7% of electricity was produced in Lithuania. less than a week ago – 72 GWh. In Latvia, production volumes fell by 15%. to 70 GWh, while electricity production in Estonia grew by 26%. up to 179 GWh.
During the week, the three Baltic countries together produced 67 percent. they need electricity. Made in Lithuania 35 percent, in Latvia – 55 percent, in Estonia – 121 percent. the country needs electricity.
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