Electricity imports nearly triple y/y to EUR49m in Montenegro

Montenegro’s electricity imports nearly tripled y/y to EUR49mn in Jan-Sep from around EUR19m in the same period of 2016, the state utility EPCG’s PR manager Rajko Sebek told the daily Pobjeda. He noted that electricity prices on the regional market increased by EUR15 per MWh compared to the previous year due to the drought and lack of precipitation. He also said that 992 GWh of electricity were imported in Jan-Sep, compared to 450 GWh in the same period of 2016. Sebek said that 560 GWh of electricity were generated by the hydropower plants in the period, which is only 48% of the planned amount. He added that supply to consumer will not be affected, despite the low levels at the reservoirs.

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