From May 25 to 31, the average wholesale price in the Lithuanian price zone of the Nord Pool exchange decreased by 24% to 69 euros per megawatt-hour (MWh). In Latvia, the price was the same, while in Estonia it was 37 euros.
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Deividas Šikšnys, head of the Market Development Department at Litgrid, says that local production grew by more than a third during the week, and Lithuania produced 111% of the country’s demand.
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