Slovenia interested in undersea power line, hydropower plants in Montenegro
On the first day of the Joint Commission for the implementation of the Agreement on Economic Cooperation between Montenegro and Slovenia, the alpine country has shown interest in expanding energy sector cooperation with Montenegro by utilizing the capacity of the undersea high-voltage power line that will link Montenegro to Italy, and by taking part in […]
Parliament of Montenegro adopts Annex of EPCG management contract
The Parliament of Montenegro adopted the Annex of the shareholders’ agreement between the Government and Italian company A2A concerning the management of Electric Power Company of Montenegro (EPCG). The Annex extended the contract on EPCG management until June 30 this year, after the shareholders’ agreement previously expired on December 31, 2016. The decision was published […]
More than EUR 26 million invested in energy efficiency in Montenegro
More than EUR 26 million has been invested in improving energy efficiency of 50 public buildings in Montenegro, according to the Montenegrin Ministry of Economy. The Montenegro Energy Efficiency Programme (MEEP), which started in 2009, funded the adaptation of 11 public health institutions, eight educational facilities and one campus, worth a total of EUR 7,6 […]
Municipality of Tivat marks World Energy Efficiency Day
This year the municipality of Tivat in Montenegro celebrated World Energy Efficiency Day, March 5 through several activities implemented within three days. On this occasion, high schoolers displayed their patents, scientists presented their work and companies presented their portfolio in the field of energy efficiency. „Tivat Municipality has been promoting the values of sustainable development for […]
Montenegro to invest EUR 4.5 million in energy efficiency measures
The Government of Montenegro is investing more than EUR 4.5 million in energy efficiency measures in four educational and six health institutions. The energy efficiency measures include the placement of thermal insulation on facades and thermal and hydro insulation on roofs, replacement of facade windows, adaptation of existing heating systems or installation of new ones, […]
EUR 180 million invested in RES projects in Montenegro
Ministry of Economy of Montenegro has announced that the total value of investments in renewable energy sources (RES) projects in that country reached almost EUR 180 million. The largest investment in RES is Krnovo wind farm worth EUR 143 million, according to a press release published on the ministry website. The remainder of EUR 35 […]
Montenegro increased tariff for renewables and high-efficiency cogeneration
Montenegro increased the tariff subsidy for electricity from renewable energy sources and high efficiency cogeneration from 0,12 to 0,47 eurocents per kWh. The decision drew harsh criticism from the opposition and a part of the civil sector. According to the Montenegrin Ministry of economy, the biggest impact on the tariff comes from Krnovo wind park, […]
Government of Montenegro granted concessions for small hydroplants
The Government of Montenegro granted concessions for the construction of small hydro power plants (SHPP) Vinicka and Lijevak. “At the session, reports were adopted on the procedure for granting a concession on the basis of an energy license for the construction of small hydro power plants Vinicka on the part of the Vinicka river watercourse, […]