Montenegrin state-owned power utility EPCG expects to generate 2,323 GWh of electricity in 2025, marking a 21% decline from last year’s 2,943 GWh output. The decrease is primarily attributed to the planned eight-month shutdown of the 225 MW thermal power plant (TPP) Pljevlja.
According to EPCG’s head of production, Bojan Djordan, TPP Pljevlja is projected to generate only 588 GWh in 2025, a significant drop from its typical 1,317 GWh output. The plant will remain offline for an additional 5.5 months compared to 2024.
Meanwhile, EPCG’s key hydropower plants, Piva and Perućica, are expected to maintain stable production levels, generating 750 GWh and 950 GWh, respectively. In 2024, the 307 MW HPP Perućica delivered 855 GWh, meeting 93% of its annual target, while the 342 MW HPP Piva produced 746 GWh, reaching 99% of its planned output. TPP Pljevlja exceeded its forecast by 2% last year, reaching 1,338 GWh.
EPCG’s total electricity generation in 2024 met 98% of its annual target, while electricity demand surpassed projections by 5%, reaching 2,791 GWh.
The TPP Pljevlja overhaul, set to begin in April, aims to extend the plant’s operational lifespan and ensure compliance with EU environmental standards. The plant is expected to remain offline until mid-November, leading to an estimated electricity shortfall of 700–750 GWh. To mitigate the impact, EPCG has already secured 60% of the anticipated deficit.
