🇱🇹 Electricity spot price in Lithuania today – July 24, 2024

Electricity spot prices in Lithuania today, hour by hour. Including prices for the last 30 days.

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Electricity price today in Lithuania

Right now the price of electricity in Lithuania is   0.024 €/kWh -8,5 %

Highest electricity price today is 0.160 €/kWh at 20-21 Lowest electricity price today is 0.024 €/kWh at 13-14 On average the electricity price today is ~0.103 €/kWh
Detailed tabled Last 30 days

A shower costs today
0.14 € in Lithuania

Lowest price today: 0.96 € Highest price today: 0.14 €

10 min, 160 l of water = ~6 kWh

A bath costs today
0.18 € in Lithuania

Lowest price today: 1.20 € Highest price today: 0.18 €

200 liters of water = ~7,5 kWh

An oven at full blast all day costs today
2.46 € in Lithuania

 

1000W x 24 hours = 24 kWh

Boil 1 liter of water costs today
<0.01 € in Lithuania

Lowest price today: 0.02 € Highest price today: <0.01 €

Hot plate for 4 min = ~0,12 kWh

Bake a pizza costs today
0.03 € in Lithuania

Lowest price today: 0.18 € Highest price today: 0.03 €

Oven for 30 min = ~1,1 kWh

Charge an electric car costs today
1.08 € in Lithuania

Lowest price today: 7.20 € Highest price today: 1.08 €

Nissan Leaf 10-80% = ~45 kWh

More examples
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Exploring the electricity market in Lithuania

Primary energy sources in Lithuania

Lithuania's energy sector is diverse, with a significant focus on renewable sources. The primary source of electricity in Lithuania is nuclear power, followed by hydroelectric power. This reliance is a part of the country's strategy to ensure energy independence and sustainability.

Energy sources in Lithuania

Additionally, Lithuania is exploring alternative renewable sources such as wind and solar energy. The country's commitment to expanding its renewable energy portfolio is evident in its policies and investments, aligning with global trends toward sustainable energy practices.

Participation in the EU electricity market

As a member of the European Union, Lithuania plays an integral role in the EU electricity market. This membership allows for cross-border electricity trade, enhancing the country's energy security and market efficiency. Lithuania's connections with neighboring countries facilitate both the import and export of electricity, balancing supply and demand.

This interconnectivity is crucial for understanding Lithuania's electricity pricing and availability. It promotes competition in the market, leading to potentially more favorable electricity prices for consumers.

Renewable energy initiatives and goals

Lithuania has set ambitious goals for renewable energy, aiming to increase its reliance on green energy sources. The government's focus on wind and solar power is part of a broader strategy to reduce greenhouse gas emissions and dependence on fossil fuels.

These renewable energy initiatives are supported by national policies and investments, reflecting the country's commitment to a sustainable and environmentally friendly energy future.

Energy sector challenges and future plans

Despite advancements in renewable energy, Lithuania faces challenges, particularly in energy infrastructure modernization and ensuring consistent supply. The country is working towards overcoming these challenges by investing in new technologies and infrastructure improvements.

Looking forward, Lithuania's energy sector is poised to continue its evolution towards greater sustainability. The country aims to strengthen its position in the European electricity market, further develop renewable energy sources, and improve energy efficiency.

Implications for consumers and businesses

The dynamics of Lithuania's electricity market directly impact both consumers and businesses. The shift towards renewable energy and market integration may lead to more stable and potentially lower long-term electricity prices. However, these transitions involve investments that might affect prices in the short term.

For businesses, adapting to new energy sources and efficiency standards presents challenges but also opportunities for innovation and sustainable growth.


Energy saving tips

Take a shorter shower or install an energy-saving shower

With the energy-saving shower, you can save up to 50% energy compared to standard shower heads. Or you can shower half the time. With the electricity price today in Lithuania you can save 0.07 € for each shower.

Charge the electric car when electricity is cheapest

The price of electricity can fluctuate a lot during the day and charging an electric car consumes a lot of electricity. With the cost of electricity today in Lithuania it is 6.12 € cheaper to charge at the hours with the lowest price.

Questions and answers about electricity

What uses the most electricity at home?

Heating certainly uses the most electricity, closely followed by hot water and charging electric cars. Electrical appliances such as TVs, mobile phones and computers use very little electricity in relation to heating.

More questions and answers


All prices are current open market spot prices in the day-ahead segment without local vat, tax or other additions.

Timezone is Central European Time (CET) with Daylight Saving Time (DST). Current time: Wed, 24 Jul 2024 13:31

Data source is ENTSO-E