CogniCurrent

COGNICURRENT

Feb 6 • 09:35 UTC • 🇱🇻 Latvia • LSM

High consumption and production difficulties in the cold January caused electricity prices to soar sky-high

In January, electricity market prices exceeded 15 cents per kilowatt-hour, marking the steepest rise since the energy crisis of 2022, largely driven by a 20% increase in consumption due to cold weather.

#electricity prices #energy crisis #cold weather #latvia #consumption increase
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