Montenegro

NEXUS SEE project_Pivsko jezero_Dusko Miljanic

Climate change is making it hard to predict hydropower plant output in Drina River basin

30 August 2022 - Depending on the assumptions on the trend of global emissions and the impacts of climate...

Montenegro to follow Croatia's move, set to abolish VAT on solar panels

Following Croatia, Montenegro to abolish value added tax on solar panels

29 August 2022 - The Ministry of Economic Development and Tourism of Montenegro announced that it is preparing new measures to weaken the pressure of the energy crisis in the autumn

power-plant-ecological-reconstruction-shutdown

7-month shutdown of TPP Pljevlja planned for 2024 as part of ecological reconstruction

16 August 2022 - TPP Pljevlja's ecological reconstruction will not require a temporary shutdown in 2023, but a 7-month stoppage is planned for 2024

Montenegro utillity EPCG halve minimum price for sale 10 stake

Montenegro’s utillity EPCG to halve minimum price for sale of 10% stake

15 August 2022 - After two failed bidding rounds for a 10%, stake, EPCG said the government can decide to switch to the stock market for the share sale

Montenegro EPCG minimum price of 10 shares

Montenegro’s EPCG lowers minimum price for sale of 10% of its shares

05 August 2022 - Montenegro's state-owned utility EPCG cut the minimum price for its 10% stake to EUR 87 million from just above EUR 100 million

CEDIS to install additional 20,000 smart meters - rollout reaches 97 percent

CEDIS to install additional 20,000 smart meters, boost coverage to 97%

03 August 2022 - The advanced metering management (AMM) project enables remote metering of consumption and consumption management

Montenegro utility EPCG receives zero bids 10 shares

No bids for 10% stake in Montenegrin power utility

03 August 2022 - The deadline has passed and state-owned coal power producer Elektroprivreda Crne Gore (EPCG) failed to attract any offers for a 10% stake

Drought cost Montenegro EPCG utility EUR 100 million third quarter

Drought to cost Montenegro’s EPCG utility EUR 100 million in third quarter

01 August 2022 - State-owned power producer EPCG said it would have to import 294 GWh of electricity in the three months through September due to drought

Montenegro s EPCG revamps Krusevo hydropower plant

Montenegro’s EPCG revamps Kruševo hydropower plant project

18 July 2022 - Montenegro's power utility EPCG will examine the possibility to build hydropower plant Kruševo on the Piva river

Montenegro s power utility EPCG seeks buyer 10 stake

Montenegro’s power utility EPCG seeks buyer for 10% stake

18 July 2022 - EPCG is preparing to sell 10% of its shares to a single buyer at a minimum price that is more than two times above the current market value

EPCG hires Swiss consultancy for gas power plant projects

12 July 2022 - EPCG will work with SS&A Power Consultancy on projects for the first gas-fired power plants in combination with renewables in Montenegro

Montenegro’s EPCG joins day-ahead power market on SEEPEX exchange in Serbia

17 June 2022 - Montenegro's state-owned power utility EPCG said it completed the first transaction at Serbian power exchange SEEPEX

Port-of-Bar-gas-terminal-lng-alliance-gas-power-plant

Port of Bar preparing to build LNG terminal, gas-fired power plant

17 June 2022 - Power utility EPCG, which would be a partner on the project, has already initiated feasibility studies for three gas-fired power plants

Montenegro government green energy main economic driver

Montenegro’s new government sees green energy as main economic driver

29 April 2022 - Prime Minister Dritan Abazović highlighted tourism and energy as priority sectors for economic development of Montenegro

EPCG starts ecological reconstruction of TPP Pljevlja

EPCG starts ecological reconstruction of TPP Pljevlja

29 April 2022 - The ecological reconstruction of TPP Pljevlja will cost a total of EUR 70 million or about 15 million more than originally planned

Montenegro power utility EPCG sell 10 stake strategic investor

Montenegro’s power utility EPCG to sell 10% stake to strategic partner

22 April 2022 - Montenegro said it would seek a strategic partner for non-voting shares of state-controlled power utility EPCG, which make up a 10% stake

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