Montenegro: Electricity deficit 15% for 2015 Energy balance

, SEE Energy News

For the implementation of the proposed plan for the coming year, as it was stated, it is necessary to take certain measures and activities, among which is that the Electric Power Industry of Montenegro (EPCG) pays regularly supplied coal to TPP Pljevlja based on the Agreement on the coal sale according to the planned schedule and amounts that are determined by the Energy balance.

In the Energy Balance is noted that consumer demand for electricity overcome production possibilities of EPCG, both in energy and in the power capacity.

The uncertainty of future consumption of the Aluminum Plant (KAP) and Steel Plant in the coming year, as it is added, significantly limits the reliable planning of consumption, and therefore the assessment of missing quantities of electricity and petroleum products.

“The situation in the energy sector requires additional engagement, not only of energy, but also of all economic agents, and authorities in Montenegro, in order to provide the required amount of energy, as their lack would not appear as a limiting factor for overall economic development of Montenegro”, writes in the document.

In the coming year the gross consumption is planned at 3.56 thousand gigawatt hours (GWh) and it will cover the major part of the production from its own resources.

Electricity production from small hydro power plants (SHPPs) owned by EPCG and Zeta Energy is planned at 21 GWh, which is 16 percent less than the estimated realization of this year. Electricity production from other SHPPs is planned to be 39 GWh.

According to the expressed needs, total consumption of final users is planned in the amount of 986 GWh, which is 38 percent more than estimated achievements this year.

Total net deficit of electricity in Montenegro in relation to the needs of the gross consumption is 365 GWh, or 10.2 percent.

As stated, EPCG and direct consumers will timely procure the lacking electricity amounts.

Besides, it is planned the slight increase in total traffic of petroleum products compared to this year and emphasized increase in petroleum coke consumption and to a lesser extent in liquefied petroleum gas (LPG), fuel oil and crude oil.

“The plan of significantly higher consumption of petroleum coke indicates that we can expect higher production activity of KAP in the next year “, writes in the document conclusion.