Extremely high electricity exchange prices Monday in Latvia

Admittedly, many residents will not immediately notice this price surge in their bills, as they pay for electricity at a pre-determined fixed rate. Why has electricity become so expensive, and what can we expect next?

The price of electricity on the exchange can fluctuate significantly even within a single day. At the start of November, these fluctuations have become particularly noticeable. On Monday, the average price of electricity in Latvia reached 414 euros per megawatt-hour,...