Montenegro stops licensing new small hydropower plants
The government has decided to suspend the procedure of approving the construction of new facilities until the contracts concluded so far are reviewed.
Serbia’s TSO EMS acquires 5% of shares of Montenegrin TSO CGES
Elektromreža Srbije bought shares from small shareholders at the stock exchange for about EUR 7 million.
Submarine cable helps triple CGES’ electricity transit revenues
Montenegrin TSO pulled in EUR 11.6 million in revenues in 2020 from the commercial use of the power link between Montenegro and Italy.
Mladen Bojanić in charge of energy in new Government of Montenegro, Ratko Mitrović gets environment portfolio
Minister of Ecology and Spatial and Urban Planning Ratko Mitrović and Minister of Capital Investments Mladen Bojanić start tenure in Montenegro
Montenegro’s new cabinet to ban small hydropower, revise concessions
Prime Minister-designate Zdravko Krivokapić said the government would ban the construction of small hydropower plants and review all concessions
NGO Green Home: Montenegro to clarify whether TPP Pljevlja will be shut down
Montenegrin non-governmental organization Green Home has called on the Ministry of Economy and state power utility Elektroprivreda Crne Gore (EPCG) to disclose whether TPP Pljevlja will consume its remaining allowed operational hours in about 20 days and whether they have a plan if the thermal power plant is closed. TPP Pljevlja, with an installed capacity […]
Montenegro awards deal to EPCG for hydropower plant Komarnica
State-owned power producer Elektroprivreda Crne Gore got the right to build Montenegro’s first hydroelectric station in four decades and run it for up to 60 years. Hydropower plant Komarnica will cost EUR 260 million to EUR 290 million, more than in the previous official estimate. Minister of Economy of Montenegro Dragica Sekulić handed the concession […]
Land lease agreement signed for Brajići wind farm
A consortium led by German renewable energy firm wpd has signed a land lease agreement for wind farm Brajići near the Montenegrin coastal city of Budva, a project valued at EUR 101.3 million. The Brajići wind farm, with an installed capacity of slightly over 100 MW, is projected to generate around 220 GWh of clean […]