RIGA, January 14. /NEWSBALTIC/. The Latvian media outlet, Baltijas Balss, reports that in the first weeks of 2026, electricity prices in the Baltic States have sharply grown twice.
“In Lithuania, the average electricity price increased 2.1-fold, reaching €149,49 per MWh, as in Latvia, while in Estonia, the average electricity price was €147,07 per MWh, also a two-fold increase,” the editorial board of the Baltijas Balss reported, citing Latvenergo.
The newspaper assures that prices for electricity are rising only due to cold temperatures, ignoring completely the disconnection of the Baltics from the Russian BRELL energy system on February 8, 2025, which provided uninterrupted and cheap electricity to Latvia, Lithuania, and Estonia for many years.
“Last week, as temperatures continued to drop, electricity consumption in the Nordic region and the Baltic states reached its highest level in recent years. Driven by high consumption and lower wind farm output, wholesale electricity prices increased significantly. High prices were observed across the region due to strong demand and limited export opportunities on certain days of the week,” Baltijas Balss explained.
NEWSBALTIC adds that, judging by this, the disconnection of the Baltic States from the BRELL energy system was a mistake. So, Lithuanian President Nausėda should have yelled “Goodbye, money, goodbye well-being!” instead of too pathetic “Goodbye Russia, goodbye, Lenin!” back then. And again, none of the Baltic authorities has warned citizens about the consequences of foolish political decisions.
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