UNECE assessment in Drina river basin highlights importance of improving water quality and calls for strengthened transboundary cooperation
Addressing water pollution and improving water quality and monitoring are key steps needed to face the challenges in the Drina River Basin of ensuring sustainable development in a transboundary context, UNECE published in its statement following the completion of the intersectoral and participatory assessment of the Drina River Basin, shared mainly by Bosnia and Herzegovina, […]
Montenegrin capital planning savings through energy efficiency upgrade program
The Podgorica city government is planning to cut down on energy and water expenses by 10% to 15% by the end of 2019, the City of Podgorica announced in the Program to Improve Energy Efficiency in the Montenegrin Capital for the 2018-2020 period. That program, along with a Plan of Measures to Improve Energy Efficiency […]
Talks on new Montenegrin coal-fired unit fail, Government to implement ecological overhaul of TPP Pljevlja
Montenegrin Government decided to start the ecological reconstruction of the coal-fired power plant Pljevlja. The Unit I of the thermal power plant (TPP) Pljevlja, operated by public power utility Elektroprivreda Crne Gore (EPCG), will be ecologically reconstructed by 2021. The announcement is part of the Government’s decision to terminate the cooperation on Project of Construction […]
Hungary interested in investing in energy capacities of Montenegro
Hungarian companies are interested in investing in Montenegro’s energy sector, said Peter Szijjarto, Hungarian Minister of Foreign Affairs and Trade, during his recent visit to Podgorica. Investing in Montenegro’s energy capacities is of a particular interest to Hungarian companies, the minister said during a meeting with Montenegrin economy minister Dragica Sekulić. According to Szijjarto, Montenegro […]
Montenegrin Government looking for investor to finance EPCG’s takeover from A2A
The Government of Montenegro intends to buy shares of the Italian company A2A in power utility Elektroprivreda Crne Gore (EPCG) with the support of a financial institution, as well as to hire a legal advisor for assistance in privatization, Montenegrin media reported. Montenegrin Government has a stake of 51% in EPCG while A2A owns 41%. […]
Dragan Kujović new Executive Director of Montenegrin TSO CGES
An extraordinary Shareholders Assembly of Montenegro’s state-owned utility Crnogorski elektroprenosni sistem (CGES) elected Dragan Kujović as Executive Director of the company, CGES said in a statement. CGES is a joint stock company and transmission system operator (TSO) in Montenegro. “Shareholders Assembly relieved former Executive Director Ivan Bulatović of his duty after the expiry of his four-year mandate,” […]
Over 80% of Energy Wood III funds for biomass fuel loans are used
More than 200 interest free loans for modern biomass heating systems have been approved within the third phase of the Energy Wood program since its implementation started in Montenegro. Those loans accounted for more than 80 per cent of the project funds. Energy Wood III program started on October 16. It has given citizens a […]
Montenegro’s RAE becomes first Energy Community regulator to join ACER’s working groups
The Montenegro Energy Regulatory Agency (RAE) fulfilled a strict criteria, including compliance with the Third Energy Package and regulatory independence, for the participation of its experts in the Agency for the Cooperation of Energy Regulators’ (ACER) working groups as of January 2018. RAE is the first national regulator from the Energy Community (EnC) Contracting Parties […]