Half of 26 wind turbines at Krnovo installed

On plateau Možura the preparatory works for a wind farm have begun, while 13 out of 26 planned wind turbines are set at Krnovo wind park and the installation of two more windmills is in the final stage, according to investors, Pobjeda newspaper reported. The consortium of Akuo Energy from France and Ivicom Consulting from Austria said […]

Montenegro expects electricity deficit for three years

Total net deficit of power for consumption in Montenegro will amount to 229.9 GWh (6.5%) next year and 230 GWh (6.3%) in 2018, while in 2019 a shortfall of 209 GWh (5.7%) is expected, shows the government’s document on the long-term energy balance. Purchase of electrical energy because of the deficit, will be carried out […]

EBRD’s chief Chakrabarti touring Western Balkans

The last three years had been very productive for the European Bank for Reconstruction and Development in Montenegro, accounting for around half of the total EUR 530 million of investments in the country since it started work there, said Suma Chakrabarti, the international financing institution’s president. During his visit to the former Yugoslav republic within […]

Terna gets building permit for undersea cable

The Ministry of Sustainable Development and Tourism issued a building permit to company Terna Crna Gora d.o.o. for the installation of an undersea power cable through Montenegrin territory. The building permit is issued for setting up the 500 kV high voltage, direct current (HVDC) submarine and underground cable for electricity transmission in the section through […]

New business sector emerging from energy efficiency technologies

Montenegro has been intensifying efforts to promote and help fund energy efficiency activities through the Directorate for Energy Efficiency, which stimulates consumers of energy: households, the public sector, firms and municipalities. Dragica Sekulić, who heads the body established by the Ministry of Economy, says the efforts focus on creating a long-term financing scheme with adapted […]