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submarine cable

January 13, 2020

CGES earns EUR 3 million by auctioning capacity of submarine power cable

Montenegrin transmission system operator (TSO) Crnogorski Elektroprenosni Sistem (CGES) has earned EUR 3 million by auctioning the capacity of the undersea power cable between Montenegro and Italy. The electricity interconnector…

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Sekulić thermal solar wind hydropower renewable

January 6, 2020

Sekulić: Coal excise tax to cover Montenegro’s stimulus for renewables

Among her remarks in New Year interviews with several domestic media outlets, Montenegro’s minister of economy insisted households will continue to be exempted from premiums for electricity from renewable sources…

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REPCONS

December 31, 2019

Energy transition is region’s development opportunity, experts say in REPCONS survey

The energy transition is a development opportunity for the region, and the key factors for its implementation will be the European Union’s influence on local politicians as well as the…

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Energy efficiency public buildings

December 16, 2019

KfW continues to fund energy efficiency in public buildings in Montenegro

Germany’s KfW Development Bank is giving Montenegro a loan of EUR 45 million and a EUR 4.8 million grant for the third phase of the project for energy efficiency in…

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submarine interconnection

December 9, 2019

Italy-Montenegro yearly capacity auction offer lands at 140 MW

Following the launch of the interconnection across the Adriatic Sea, the Coordinated Auction Office in South East Europe or SEE CAO started the auction process for 2020 by offering the…

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Možura wind farm

November 20, 2019

Možura wind farm, Montenegro’s second largest, officially starts operation

The Možura wind farm, Montenegro’s second largest, with an installed capacity of 46 MW, has been officially inaugurated. The EUR 90 million wind farm was put in operation by Montenegrin…

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November 15, 2019

Italy-Montenegro undersea power interconnector put in operation

Italian energy company Terna has put in operation an undersea power interconnector between Italy and Montenegro, built in an investment of some EUR 1.1 billion. Italian President Sergio Mattarella and…

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Chinese-Montenegrin consortium

November 12, 2019

Chinese-Montenegrin consortium wins bid for eco-reconstruction of TPP Pljevlja

Chinese-Montenegrin consortium DEC International-Bemax-BB Solar-Permonte has been picked as the best bidder for an environmental reconstruction of thermal power plant TPP Pljevlja, a project that will enable the Pljevlja power…

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Italy's A2A

November 8, 2019

EPCG, Montenegrin government pay EUR 212 million to Italy’s A2A for EPCG shares

State power utility Elektroprivreda Crne Gore (EPCG) has so far paid EUR 103.65 million to repurchase shares from Italy’s A2A, while EUR 108.86 million has been set aside from Montenegro’s state…

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November 1, 2019

EUR 1.4 million contract signed for energy renovation of hospital in Bar, walk-in clinic in Ulcinj

As part of the second phase of the Montenegro Energy Efficiency Project (MEEP), health minister Kenan Hrapović and economy minister Dragica Sekulić have signed a EUR 1.4 million contract with…

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facilities

October 29, 2019

EPCG to invest EUR 700 million to build new renewables capacities, upgrade other facilities

State power utility Elektroprivreda Crne Gore (ЕPCG) will invest a total of EUR 700 million to build new renewable energy capacities and upgrade its other power generation facilities to bring…

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bill

October 21, 2019

Government of Montenegro adopts bill on protection from negative impact of climate change

The Government of Montenegro has adopted a bill on protection from the negative impact of climate change and sent it to parliament for approval. Montenegro is one of the first…

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