According to Reuters, Montenegro produced about 3.160 GW of energy last year, mostly from coal and hydro power plants.

Milutin Djukanovic, the president of Elektroprivreda Crne Gore's (EPCG) board of directors, said that "we can add 400 megawatts (MW) in the next two years, of that 100 MW already this year by installing solar panels on the roofs."

He also stated that Montenegro has a great potential of gathering energy from sources such as hydro, wind and even the sun, since the country has about 240 sunny days per year.

Gvozd is a 54 MW solar park that should start to operate in the country sometime next year, and it can produce up to 150 GWh per year.

Djukanovic also said that the construction of the Komarnica hydro power plant, with a capacity of 182 MW, should begin this year.

The country also aims to renovate its only coal-based power plant, with the help of China's Dongfang Electric International Corporation, which is expected to cost around 73 million euro.

"We are launching an ecological reconstruction of the 210 MW Pljevlja thermo-power plant, which produces 40% of total electricity in Montenegro, to reduce emissions in line with European Union standards", he added.