EPCG’s new investment cycle focuses on portfolio diversification, hydropower projects

A Belgrade consortium comprising engineering firm Energoprojekt Hidroinženjering and water management institute Jaroslav Černi has been selected to produce a conceptual design for hydropower plant (HPP) Komarnica, and has already prepared an environmentally acceptable technical solution, which paves the way for the construction of the power plant following decades of research, Igor Noveljić, CEO of […]

Montenegro scraps feed-in tariff surcharge

The Montenegrin government has decided to abolish the surcharge paid by consumers through electricity bills to fund the feed-in tariff scheme for privileged power producers. The funds collected through the surcharge will instead be secured through coal excise duty. Answering MPs questions in the parliament, Prime Minister Duško Marković said the abolition of the surcharge […]

UNDP issues public call for co-financing EV chargers in Montenegro

State and local government institutions and public services in Montenegro have a deadline until May 7 to apply for co-financing the purchase and installation of electric vehicle (EV) chargers. A total of EUR 60,000 is available as part of the project Development of Low Carbon Tourism in Montenegro, implemented by the United Nations Development Program […]

BELEN selects Nord Pool as partner to establish Montenegrin day-ahead power market

Berza Električne Energije (BELEN), the power exchange company of Montenegro, has selected Nord Pool as a partner to create the first competitive Montenegrin day-ahead power market, which is expected to be operational in 2020. The cooperation will include support to establish processes and procedures required to operate a national day-ahead market in Montenegro, market coupling […]

Parliamentary Hearing on Amendments to the Law on Efficient Use of Energy held in Podgorica

Supporting the coming together of parliamentarians from Montenegro, representatives of the Ministry of Economy of Montenegro, the School of Political Studies, the Union of Municipalities and of two NGOs at the Parliamentary Hearing in Podgorica on 25 March, the GIZ Open Regional Fund for South-East Europe – Energy Efficiency (ORF-EE), in partnership with the School […]