Valentas Neviera said that the price rise was due to maintenance at two units of the Riga combined heat and power plant and scheduled maintenance at Finland's Olkiluoto 2 nuclear power plant.
The average price of electricity in the Lithuanian bidding area rose by 9.4% on Monday compared with last Friday to reach 36.09 euros per megawatt-hour, the highest level among all Nord Pool countries. The average price stood at 35.01 euros in Estonia and 32.67 euros in Sweden's fourth bidding area, from which electricity is exported to Lithuania via the NordBalt cable.