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 for the consumption of up to 300 kWh per month. Furthermore, Dragica Sekulić stressed, the 2019 directive on stimulus for such production of electricity and […]
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 downward trend in costs for wind and solar photovoltaic (PV) power plant technology, according to experts from Bosnia and Herzegovina, Montenegro and Serbia. They expressed […]
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 public buildings. On behalf of the government in Podgorica, minister of finance Darko Radunović signed the credit contract while minister of economy Dragica Sekulić inked […]
Green Home files criminal complaint over Bijelo Polje SHPP plan
Environmentalist organization Green Home has said it raised a criminal case with the Supreme State Prosecution Office of Montenegro against officials it claims are responsible for abuse of power in the procedure of project development for small hydropower plant Lještanica. Decision makers from the departments for spatial planning and rural and sustainable development in Bijelo […]
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 capacity of 140 MW in both ways. The operator received bids for the allocation of physical transmission rights (PTRs). After the announcement of the provisional […]
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 energy minister Dragica Sekulić and Maltese energy and water supply minister Joe Mizzi. The Možura wind farm was built by a consortium of Maltese state-owned […]
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 his Montenegrin counterpart, Milo Đukanović, pressed the button to switch the cable on, according to Montenegrin media. The undersea power interconnector links the electrical substations […]
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 generation and coal mining complex to operate for the next 20 to 30 years, according to a statement from state power utility Elektroprivreda Crne Gore […]