Oct 11 (Reuters) - Nickel prices climbed to their highest level in more than two weeks on Monday as power shortages and rising electricity costs raised supply worries amid the metal's already low inventories and solid demand.

Three-month nickel on the London Metal Exchange rose as much as 1.2% to $19,445 a tonne, its highest since Sept. 24 while the most-traded November nickel contract on the Shanghai Futures Exchange jumped to 146,860 yuan ($22,821.00) a tonne, a level unseen since Sept. 24.

Widespread power shortages in China and higher electricity prices Europe have dampened production in some sectors of those economies.

Kosovo's sole ferro-nickel producer Newco Ferronikeli said on Friday it was shutting down production because of the increase in energy prices.

In China, there were concerns that nickel smelters will be forced to curtail output amid power shortages, and a hike in electricity prices is expected to dent margins for many producers, potentially reducing supply, said ANZ analysts in a note.

LME nickel inventories fell to 149,412 tonnes, their lowest since December 2019. ShFE stocks were last at 6,422 tonnes, hovering near a record low of 4,455 tonnes.

"It is difficult to see a significant increase on the supply side in October. The consumption of refined nickel will remain strong and inventory may continue to decline," said brokerage firm Huatai Futures in a report.

FUNDAMENTALS

* An Andean community in Peru suspended a protest and a blockade against Glencore's Antapaccay mine on Friday, after reaching an agreement to begin talks in search of a new deal between the mine and residents, a community leader said.

* Aldel is halting production of primary aluminium due to the current high electricity prices, the Dutch firm's chief executive said on Friday.

* LME aluminium rose 0.3% to $2,974 a tonne, copper advanced 1% to $9,450 a tonne, and tin increased 0.9% to $36,495 a tonne.

* ShFE aluminium was up 0.5% at 23,050 yuan a tonne, copper climbed 1.2% to 145,870 yuan a tonne, zinc increased 1.4% to 23,175 yuan a tonne and tin jumped 1.7% to 283,060 yuan a tonne.

* For the top stories in metals and other news, click or ($1 = 6.4353 yuan) (Reporting by Mai Nguyen in Hanoi; Editing by Subhranshu Sahu and Amy Caren Daniel)