Steag Energy to prepare design for eco-reconstruction of TPP Pljevlja
Preliminary design for the environmental reconstruction of the Pljevlja Thermal Power Plant in Montenegro is entrusted to Essen-based industrial group Steag Energy Services GmbH. The German company is specialized in the field of energy, both conventional and nuclear, as well as renewable sources. Montenegro’s power utility Elektroprivreda Crne Gore (EPCG) announced it picked an offer […]
Montenegrin Government secures funds to buy A2A shares in EPCG
The Montenegrin Government adopted a budget rebalance which foresees EUR 70 million for the purchase of the Italian company A2A’s shares in power utility Elektroprivreda Crne Gore (EPCG). In July last year, the Italian company informed the Government of Montenegro about activating the put option, which officially launched the process of the company’s withdrawal from […]
Energy Community backs certification of transmission system operator CGES
The Energy Community Secretariat supports the certification of the Montenegrin transmission system operator Crnogorski Elektroprenosni Sistem (CGES) in line with the Preliminary Decision of the Regulatory Energy Agency of Montenegro (RAE). RAE is to adopt a final certification decision, taking utmost account of the Opinion of the Secretariat. The Secretariat’s Opinion on the certification of […]
Montenegro to buy part of transmission network from Krnovo wind farm
The Government of Montenegro has decided to purchase a part of the power transmission infrastructure which France’s Akuo Energy has built for its Krnovo wind farm. A European Union grant of EUR 5.8 million has been secured for the transaction. The 110/35 kV Brezna substation with a connection to the existing Nikšić-Brezna transmission line, as […]
Regional electricity markets’ outlook for the near future
Author: Dejan Drašković, Chief Operating Officer, Montenegrin Power Exchange Since their emergence, power exchanges have become staunch promoters of market development: neutral entities advocating transparent electricity price formation, based on the current supply and demand. In order to find and secure liquidity, exchanges quickly started taking part in cross-border projects so as to carry out market […]
Six bids filed in lead-up to TPP Pljevlja’s overhaul
Six bidders are vying to produce a preliminary design plan for the ecological overhaul of Montenegrin power utility Elektroprivreda Crne Gore’s (EPCG) thermal power plant (TPP) Pljevlja with an installed capacity of 225 MW. After opening the bids for the job worth EUR 900,000 including VAT, EPCG said that it will start evaluating the offers […]
Montenegro is one step closer to opening Chapter 27
The European Commission (EC) has accepted Montenegro‘s final negotiating position’s draft for Chapter 27 and said that EC representatives have already been working on their negotiating document. A few days ago, Montenegro also engaged a consultant on this chapter. Montenegro submitted its Draft on January 22nd. The Montenegrin Negotiating team representatives subsequently had a video […]
EPCG inks deal for HPP Komarnica preliminary design plan
Montenegro’s electricity company Elektroprivreda Crne Gore (EPCG) has signed an agreement worth over EUR 1.6 million with a group of bidders from Serbia – Jaroslav Černi and Energoprojekt Hidroinženjering – to produce a preliminary design plan for hydropower plant (HPP) Komarnica. The contractors are also to prepare a feasibility study and an environmental impact study, EPCG has […]