Montenegro expects electricity production to fall by 18.7% in 2011.

By bne IntelliNews January 21, 2011
Montenegros electricity production this year is expected to be by 18.7% lower than in 2010, the finance ministry said. The decrease will be mainly a result of the expected lower output of hydropower plants, which produced record-high electricity in 2010 thanks to extremely favourable weather conditions. Electricity consumption is forecasted to grow by 11.5% y/y in 2011 and imports are seen rising by 41.3% to 1,045 GWH. The government expects electricity shortage to be 1,038 GWh, or 23.1% of the overall consumption in 2011. The production of coal-fired power plant Pljevlja is targeted at 1.4 GWh, by 7.2% higher than the planned for 2010.
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