Public dialogue towards sustainability and climate protection
The third International Conference ‘Energy. Development. Democracy.’ was held in Podgorica, Montenegro, under the title ‘How successful policy dialogue can ensure sustainable use of energy and climate protection in South-East Europe’. Members of parliaments from countries of Southeastern Europe (SEE), civil society leaders, experts in the field of energy, governmental institutions and representatives of the […]
A2A prolonged contract for another two months
Italian minority stakeholder in national electric power industry EPCG (Elektroprivreda Crne Gore AD Nikšić) agreed with the state government to prolong the contract for another two months, after three similar interim deals from early April. The partnership dates back to 2009, and A2A said negotiations about the future ownership structure are continuing, according to a […]
Draft energy law sent to parliament for adoption
The Government of Montenegro said it approved the Bill on Energy and that the document enables electricity market’s development and creates preconditions for gas market’s development. New regulations, harmonized with EU directives, are aimed at improving the business environment for investing in the construction of energy facilities, the official website said. The bill, prescribes conditions […]
EBRD approves funds for Krnovo wind power plant
The European Bank for Reconstruction and Development (EBRD) is supporting the first commercial wind power plant in Montenegro, to be located at Krnovo, near the town of Nikšić in the western part of the country. Also, the government in Podgorica agreed on July 23 for French development bank of Proparco to join the project lenders. […]
Construction of EUR 1.5 million substation begins
Power enterprise Elektroprivreda Crne Gore AD Nikšić (EPCG) said it started the EUR 1.5 million worth construction of 35/10 kV Popovići substation in the southern town of Bar, after a rise in the number of customers by 40% in the last decade, and an increase in consumption, especially during the tourist season. Saša Milovanović, manager […]
EBRD, KfW finance Krnovo wind park project
Julio Moreno, head of the European Bank for Reconstruction and Development’s country office, announced an investment of EUR 48.5 million in Krnovo wind farm in an interview for Portal Analitika. The project worth a total EUR 130 million will be supported in cooperation with KfW Development Bank of Germany, he added. „It will be the […]
Three small hydropower projects soon up for bids in Montenegro
Hydrological research showed the total potential capacity of the small hydropower units in Montenegro would be 7.2 MW, with an estimated yearly production of 30.9 GWh. The government in Podgorica is preparing a public competition for concessions on future small hydropower plants, SHPPs, on three streams: in Šavnik, Kolašin and Mojkovac, as reported by Pobjeda […]
Country’s first mini hydropower facility launched
In the village of Lijeska near Tomaševo in Bijelo Polje municipality, Vrelo mini hydropower plant has been put into use. Bijelo Polje’s official website reported Ivana Hlavsová, the Czech ambassador, and Aleksandar Žurić, the municipal head, led the launching ceremony. The power plant, located in Montenegro’s northeast, was equipped by Hydrolink SRO. The concession had […]
