Renewables

Montenegro gets first Law on the Use of Energy from Renewable Sources

Montenegro gets first Law on the Use of Energy from Renewable Sources mujovic

Photo: Parliament of Montenegro

Published

August 19, 2024

Country

Comments

comments icon

0

Share

Published:

August 19, 2024

Country:

Comments:

comments icon

0

Share

Members of the Parliament of Montenegro have voted for the country’s first Law on the Use of Energy from Renewable Sources. Numerous novelties include an incentives scheme for investments in renewables.

The goal of the law is to reduce carbon dioxide emissions and increase the production of energy from renewable sources, Minister of Energy Saša Mujović said in Parliament of Montenegro, local media reported.

He noted that the law is necessary to complete chapter 15 of the negotiations on joining the European Union. The adoption deadline was December 31, 2022, the minister pointed out. Mujović added that the Energy Community Secretariat gave a positive opinion on the law.

Of note, the ministry earlier said that the law fulfills the country’s obligations towards the Energy Community regarding the transposition and implementation of the EU’s Renewable Energy Directive (2018/2001).

The law is aimed at fulfilling EU accession obligations

The minister now explained that the intention is improve the environment in a way to enable Montenegro to meet its obligations on its path to the EU as soon as possible. They consist of reducing CO2 emissions and boosting renewable energy production, he added.

Mujović said that under the current incentives scheme, the government must purchase renewable electricity. State-owned power utility Elektroprivreda Crne Gore (EPCG) covered 85% of the funds so far and the rest came from the citizens, he asserted.

The new incentives system will reduce citizens’ expenses

The law stipulates a new model for incentives, based on market premiums, according to Mujović.

He underscored that the government wouldn’t be obliged anymore to offtake the renewable electricity, lowering significantly the costs for citizens. The energy will be sold on the market, Mujović added.

The law also introduces auctions.

The European Bank for Reconstruction and Development (EBRD), which advised the government, earlier said it expects the country to launch the first renewables auctions by 2025.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Montenegro NECP public consultation sole coal plant shutdown 2041

Montenegro publishes NECP for public consultation – sole coal plant planned for shutdown in 2041

30 June 2025 - The retirement of the Pljevlja coal plant is planned for 2041, but it depends on a just transition and supply security, the draft NECP reads

LONGi ignites Romania energy transition 54 1 MW BC

LONGi ignites Romania’s energy transition with 54.1 MW BC technology triumph

30 June 2025 - A PV plant in Romania's northwest is on schedule for a grid connection in the fourth quarter. It features LONGi Solar's BC modules.

Fortis Energy Albania 62 MW solar power

Fortis Energy gets green light in Albania for 62 MW solar power project

27 June 2025 - Fortis Energy received approval from the Albanian government for the construction of a 62 MW solar power plant in the country's southeast

Hidroelectrica construction pilot floating photovoltaic plant

Hidroelectrica to begin construction of its pilot floating photovoltaic plant

27 June 2025 - Romanian state-owned hydropower plant operator Hidroelectrica picked the contractor for a 10 MW floating solar power plant, its first