Household heating costs determined by fuel type and energy efficiency
Cross analysis of available fuel types in Montenegro showed that the wood still provides the cheapest heating in homes. Solution is energy efficiency and changing old heating systems throughout the state subsidized loans. The price of different heating fuel types depends on the object`s geographical location, heating needs and usage, desired comfort level and availability […]
Montenegro inks shareholders agreement with A2A
Minister of economy Vladimir Kavarić, on behalf of the Government of Montenegro, and Oreste Bramanti, on behalf of Italian company A2A SpA, signed the new shareholders agreement for the Electric Power Company of Montenegro (EPCG) on August 29. The new document will be in force until December 31, the government stated on its website. Previously, […]
Renewables generate 39% of total power in July
Montenegrin power market operator COTEE stated total electricity generation in July was 212 GWh, out of which 82 GWh or 39% was from renewable sources. The regular report said three units managed by the Montenegrin Electric Power Company (EPCG) generated 210 GWh. Hydropower plant (HPP) Perućica delivered 41 GWh, HPP Piva gave 39 GWH, while thermal power plant […]
EPCG appoints Tonino Maglio executive director
The Montenegrin Electric Power Company (EPCG) said it has appointed Tonino Maglio as its new executive director. Tonino Maglio’s predecessor Stefano Pastori resigned from the position due to health problems, according to a statement on the utility’s website. The state-controlled company stressed its new head has a long working experience in the field of energy. Tonino […]
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 […]
Hydropower plant overhaul raises environmental issue
The regular yearly refurbishment in hydroelectric power plant Perućica should be finished by September 8, after dewatering commenced on August 7, Montenegrin Electric Power Company (EPCG) announced at its website. Meanwhile, the local recreational fishing club said the measure led to the destruction of ten tonnes of fish, while only four tonnes were saved, compared […]
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 […]
