Italian A2A selling shares in Montenegro power company

The Italian energy company A2A has decided to sell its shares in the Montenegrin Electric Power Company (EPCG), Montenegrin Prime Minister Duško Marković said. He told reporters that the government expects to be informed officially of the decision so that it can decide whether to buy the shares or not. The Italian company has been […]

UNECE’s Drina nexus project points to untapped cooperation potential in hydropower

Synchronised operation of power plants along the Drina and its tributaries could markedly increase production downstream, according to an integrated resource assessment. A multi-country electricity system model was developed for the three countries sharing the river basin as part of a comprehensive intersectoral or nexus project covering water, energy, food and environment. Montenegro, Bosnia and […]

Water-food-energy-ecosystems nexus and benefits of cooperation in the Western Balkans

  Project: Greening economic development in Western Balkans trough applying a nexus approach and identification of benefits of transboundary cooperation Funded by: Italian Ministry for the Environment, Land and Sea Countries: Bosnia and Herzegovina, Montenegro, Serbia Lead executing agency: United Nations Economic Commission for Europe (UNECE) Overall term: 2016-2017 CONTEXT  Development plans in Bosnia and Herzegovina, […]

EUR 32 million loan to Montenegro to complete smart metering project

EUR 32 million loan to Montenegro was approved by London based European Bank for Reconstruction and Development (EBRD) to finalize the introduction of smart metering system in the country. The loan will be used by Montenegrin electricity distribution company Crnogorski elektrodistributivni system (CEDIS) for the purchase of  60,000 smart electricity meters. Once the smart metering […]

Sekulić: Montenegro takes steps towards establishing power exchange

Three leading companies in the Montenegrin power system have taken steps towards establishing a power exchange in the country, Minister of Economy of Montenegro Dragica Sekulic announced. Elektroprivreda Crne Gore (EPCG), national power utility company of Montenegro, Montenegro Electricity Market Operator (COTEE) and Montenegrin Power Transmission System (CGES), as founders, have already undertaken certain activities in […]

Krnovo wind park started trial electricity production

Wind power plant in Krnovo, Montenegro, launched trial electricity production on 5 out of 26 wind turbines installed. Wind park has MW 72 of installed power and it is one of the largest facility of that type in the region. According to plan, production will be increased gradually, followed by technical tests. If the tests […]