Lithuanian power prices rose 5% in October to €114/MWh; suppliers expect €150–200/MWh in November

The average wholesale electricity price in Lithuania's bidding zone rose by 5% in October, from €109 to €114/MWh, transmission system operator Litgrid said on Thursday. According to Paulius Kozlovas, head of Litgrid's strategy department, the increase was driven mainly by higher natural gas prices in Europe, declining solar generation and rising prices in neighbouring zones.

The figures. Preliminary demand reached 1,196 GWh, 5% more than in September, while domestic generation fell by 6% to 880 GWh, covering 74% of demand. Wind farms supplied 61% of output (535 GWh), while solar fell by 41% to 140 GWh. Imports rose by 41% to 497 GWh, 56% of them from Sweden. In October 2025 the average price was €105/MWh.

Context. Southern Sweden's SE4 zone, linked to Lithuania by the NordBalt cable, averaged €140/MWh, its highest since 2022, because of maintenance on the Swedish internal grid; capacity is expected to return to previous levels in December, Litgrid said. European gas prices started the month at about €75/MWh and exceeded €100/MWh towards its end, and in the first days of November electricity prices topped €300/MWh.

What comes next. Elektrum Lietuva says 2 November was the second most expensive day of the year on the exchange, averaging €347/MWh, and expects November to average €150–200/MWh, possibly more if the weather turns colder. Enefit puts its estimate for the month at €169.50/MWh.

Real-time data for the country are on the country page