Renewables

Montenegro increased tariff for renewables and high-efficiency cogeneration

Photo: Pixabay

Published

February 1, 2017

Country

Comments

0

Share

Published:

February 1, 2017

Country:

Comments:

0

Share

Montenegro increased the tariff subsidy for electricity from renewable energy sources and high efficiency cogeneration from 0,12 to 0,47 eurocents per kWh. The decision drew harsh criticism from the opposition and a part of the civil sector.

According to the Montenegrin Ministry of economy, the biggest impact on the tariff comes from Krnovo wind park, which is scheduled to start producing energy this year. The tariff is paid by citizens through their electricity bills.

Power producers from small hydropower plants (SHPP) and wind parks will thus receive around EUR 15 million, of which EUR 9 million will be paid by citizens through their bills, according to Montenegrin media.

The price of electricity for households as of January 1 is 7,97 eurocents per kWh, which is 4,74 percent less than last year. The Ministry of economy claims that the bills in 2017. will stay on the level from 2016. despite the increased tariff.

The Socialdemocratic party (SDP) asked the Government not to charge the tariff, since the national target of 33 percent of energy from renewables has already been reached. The share of renewables in total production is 50,8 percent according to the Energy Regulatory Agency, or 43 percent according to the Energy community. Thus Montenegro already reached its EU 2020 target.

Opposition parties and NGO MANS claim that most SHPP are built by businessmen with connections to the ruling regime of Montenegro and the former prime minister Milo Đukanović. The Ministry of economy denied that subsidies were paid to any member of the Đukanović family.

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, Republic of Srpska to set up expert team to assess impact of HPP Buk Bijela on Tara river

Montenegro, Republic of Srpska to set up expert team to assess impact of HPP Buk Bijela on Tara river

26 July 2021 - The two sides have agreed to form an expert team of seven members, whose task will be to review the project documentation.

EPCG-dividends

EPCG to pay EUR 30.8 million in dividends

23 July 2021 - Montenegrin state power utility EPCG has decided to pay EUR 30.8 million in dividends to shareholders from retained earnings.

green-energy-AoG-Greece-aluminum

Greece’s biggest power consumer AoG to switch entirely to green energy from 2030

23 July 2021 - Aluminum of Greece (AoG), the country’s biggest electricity consumer, plans to switch entirely to green energy from 2030, as it signs its last electricity supply deal with Public Power Corporation.

coric-croatia-new-unit-nuclear-power-plant

Croatia willing to help build new unit of Slovenia’s nuclear power plant Krško

22 July 2021 - Croatia will express its interest in being a partner in the construction of a new unit of Slovenia's nuclear power plant Krško, says Tomislav Ćorić.