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Lithuania's September electricity prices soared, natural gas prices rose about three times

 Last Update: 2021-10-19
 Source: Internet
 Author: User

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The Lithuanian Electric Power Company recently stated that Lithuania’s electricity price in September rose 41% from August to 124 euros per MWh, a record high in the country and the highest electricity price in the Baltic States

Lithuanian Electric Energy Company stated that the increase in electricity prices in the Baltic States is related to market supply

In addition, the price of natural gas in Lithuania has risen about three times recently, and the price of biofuels has risen by 40%.

Matas Tapalauskas, a member of the Lithuanian National Energy Regulatory Agency, said that compared with January last year, the price of biofuels has risen by nearly 40%

Since natural gas is widely used for heating in the country, the price of natural gas will affect the price of heating in cities, causing prices to soar and affecting purchasing power

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