The average weekly price in the Nord Pool system rose by 8.5% to 48.7 euros per megawatt-hour (MWh).
The price of electricity in Nord Pool's Lithuanian bidding area averaged 60.3 euros per MWh on Feb. 26-Mar. 4, a rise of 28% w-o-w.
According to Litgrid, the situation in the electricity system was aggravated by extremely high consumption in the Nordic countries and a power generation shortage in Finland and Estonia, where around 1.8 gigawatt-hours of capacity was unavailable due to maintenance.
Lithuania last week imported 74% of its electricity, with 29% of imports coming from Sweden, 6% from Latvia, Estonia and Finland, and 65% from third countries.
