HPP Piva delivers 30 TWh over 40 years
Hydropower plant Piva started working on March 28, 1976. During four decades it generated and delivered to the system more than 30 billion kWh of electricity, state-owned utility Electric Power Company of Montenegro (EPCG) announced. Having three identical units with total capacity of 342 MW and a 42 kilometres long reservoir with a capacity of […]
EPCG receives invitation for SEEPEX, CROPEX
All energy entities in Montenegro are consulting the Ministry of Economy and the Energy Regulatory Agency after leaders of the countries in the region agreed at a summit in Vienna that every country must have its own power market or join a neighbouring one, state-owned utility Electric Power Company of Montenegro (EPCG) informed news agency […]
EBRD co-finances hydropower unit on Bistrica stream
As consortium Hydro Bistrica, concessionaire for the construction of small hydropower facilities on Bistrica river, reached an agreement with the European Bank for Reconstruction and Development (EBRD) about additional financing, the Government of Montenegro approved the contract for a loan of EUR 6 million. The concession contract from April 2014 enables the construction of one […]
Third Parliamentary hearing on energy efficiency in Montenegro
For the third time in a row since 2012, on March 7, the Committee for Economy, Budget and Finance of the Parliament of Montenegro, held a Parliamentary hearing on energy efficiency. This year´s hearing focused on the implementation of the Law on Efficient Use of Energy and was organized as part of the regular Parliamentary […]
Montenegro reviewing new Brodarevo hydro projects plan
In accordance with the Espoo Environmental Impact Assessment Convention, Montenegro will establish a commission to consider the feasibility of the construction of hydropower plants Brodarevo 1 and Brodarevo 2 in Serbia. The document obligates parties to exchange information and monitor whether any cross-border project can cause damage for the environment in a neighbouring country. Public […]
Submarine interconnection helps set energy hub
Peter Sanfey, deputy director of the European Bank for Reconstruction and Development, said investors demand reforms in Montenegro aimed at the rule of law, real estate development and tax policy, with privatization as one of priorities, according to a report by agency Mina-Business. Giulio Moreno, head of the institution’s office in the country, said he […]
GIZ implements four energy efficiency pilot projects
Within the regional project ‘Energy Efficiency in Municipal Associations’, German Development Cooperation – GIZ has implemented four pilot projects in cooperation with the Union of Municipalities of Montenegro. In Berane, a heating boiler fuelled by wood pellets has been procured and installed, and the heating system was repaired in the daily care centre for children […]
Malta’s state-owned company to build Možura wind park
“We are pleased that a reputable company from an EU country is interested in investing in the energy sector and wind power plant projects in Montenegro,” Minister of Economy Vladimir Kavarić said following his meeting with Minister for Energy and Health of Malta Konrad Mizzi, the Government of Montenegro said on its website. The transfer […]
