Montenegro expects electricity deficit for three years
Total net deficit of power for consumption in Montenegro will amount to 229.9 GWh (6.5%) next year and 230 GWh (6.3%) in 2018, while in 2019 a shortfall of 209 GWh (5.7%) is expected, shows the government’s document on the long-term energy balance. Purchase of electrical energy because of the deficit, will be carried out […]
Enel wins case brought on by government
The Arbitration Court in Paris ruled against Romania’s state energy holdings administration company SAPE SA in the case for alleged breaches of privatization contract by Italian Enel SpA. The government earlier lost processes involving E.ON and ČEZ, which had also acquired branches of state-owned Electrica SA. The current case was for damages of over EUR […]
Electrica awards contract to SAP without tender
Power supplier and distributor Electrica Group signed a deal worth EUR 5.2 million with SAP Romania on August 1 after direct negotiation and without public tender, according to a report on Hotnews.ro, republished by Romania Insider. The selected company shall provide maintenance in the segment covered by SAP licenses at the utility’s information technology system. […]
Regulator approves EUR 1.2 billion investment in grid
Electricity transmission company Transelectrica SA said the National Energy Regulatory Authority (ANRE) gave the go-ahead for its ten-year plan to invest RON 5.5 billion (EUR 1.2 billion) in network upgrade. The operator produces a plan for the following decade on a biannual basis. The Romanian government-controlled company runs transmission and market operations including infrastructure. The […]
EBRD’s chief Chakrabarti touring Western Balkans
The last three years had been very productive for the European Bank for Reconstruction and Development in Montenegro, accounting for around half of the total EUR 530 million of investments in the country since it started work there, said Suma Chakrabarti, the international financing institution’s president. During his visit to the former Yugoslav republic within […]
Terna gets building permit for undersea cable
The Ministry of Sustainable Development and Tourism issued a building permit to company Terna Crna Gora d.o.o. for the installation of an undersea power cable through Montenegrin territory. The building permit is issued for setting up the 500 kV high voltage, direct current (HVDC) submarine and underground cable for electricity transmission in the section through […]
Teen funds small hydropower unit with pocket money
Nineteen-year-old Zoran Samardžić managed to tap electricity for lighting for a village house and front yard by designing and installing a turbine on the local water stream. He told RTRS television station he built and assembled all the parts with help of a few grownups and friends with more expertise. The young man from Bileća […]
Montenegro Parliament ratifies shareholder contract with A2A
Lawmakers voted to accept the draft agreement with the state’s Italian partners in Electric Power Company of Montenegro (EPCG) late on July 29. A2A gets managing rights but also more responsibility, vice premier Vujica Lazović stated. The motion was passed with 41 votes in favor and 11 against. “The state will have bigger control over […]
