In the past 5 years, the Electric Power Company of Montenegro, EPCG, exported 4.11bn kWh of electricity in the total value of around €151m, while it also imported 4.02bn kWh of electricity in the amount of almost €165m, this company has revealed for the weekend edition of Dnevne Novine daily.
In practice, this means approx. 171,000 of households may be supplied with the electricity during the 5-year period if we count that a household spends 400 kWh of electricity per month.
Vice President of the National Committee within the International Council of Large Electric Systems, Momir Grbović, believes the EPCG has reached tangible results concerning the average hydrological year: “In 2014 and 2015 we imported electricity worth €38, whereas the price of exported power amounted to €56. In years of extreme hydrologic drought (2016 and 2017), the difference was in 5 to 10 euro,” explained Grbović.
When it comes to import needs, he mentioned that they estimate the electricity production to be 3,500 gigawatt-hours (gWh) with a 250 gWh power deficit, which has been considered normal.