Energy Efficiency

Montenegro launching Energy Efficient Home program, seeking consultants for MEEP 2

Photo: Pixabay

Published

October 15, 2018

Country

Comments

comments icon

0

Share

Published:

October 15, 2018

Country:

Comments:

comments icon

0

Share

Montenegro’s Ministry of Economy has said that it is launching the Energy Efficient Home program, aimed at cutting household heating costs and improving indoor comfort improvement, reducing CO2 emissions in the household sector, and developing a biomass heating system market in Montenegro.

The Energy Efficient Home program entails at “attractive” and sustainable financial mechanism aimed at implementing household energy efficiency measures. The Ministry of Economy has secured EUR 120,000 to subsidize interest rates and fees charged by banks when processing applications for loans to finance the purchase and installation of heating systems using modern types of biomass (pellets, briquettes), thermal insulation, and energy efficient windows and doors.

Individuals will be able to apply for interest-free loans of up to EUR 8,000, with a 6-year repayment schedule, to implement household energy efficiency measures, while the Ministry of Economy will subsidize the loan application processing fee and interest for the duration of the repayment schedule, according to the statement.

The Ministry of Economy is implementing the program in cooperation with partner companies – Mikromont, Home Systems, Plam Inženjering, Veneta Plamen, and Roaming Montenegro – and partner banks – Lovćen Banka, Prva Banka Crne Gore, and Atlas Banka.

Energy Efficient Home represents a continuation of the ministry’s Energy Wood program, which helped install about 1,010 pellet and briquette heating systems across Montenegro. The Ministry of Economy implemented the Energy Wood program in three stages from 2013 to 2018.

Government seeking consultants for implementation of MEEP 2

The Montenegrin government has received a EUR 6 million loan from the International Bank for Reconstruction and Development (IBRD), a member of the World Bank Group, to finance the Montenegro Energy Efficiency Project 2 (MEEP 2).

Part of the proceeds will go towards payments for a Detailed Energy Audit, Technical Design, Technical Monitoring, and Verification and Work Supervision Consultant for 18 health care facilities to be retrofitted under MEEP 2.

The deadline for interested consultancies to submit expressions of interest is October 18, according to the Directorate for Energy Efficiency’s website.

As part of the same program, the government is also looking for a Social Monitoring and Evaluation Consultant. The deadline to file expressions of interest is October 26.

The funds for the implementation of the Montenegro Energy Efficiency Project 1 (MEEP 1) were secured through an EUR 11.5 million loan approved by the IBRD. Twenty-five public facilities, including 16 health care and 9 educational institutions, were retrofitted under MEEP 1.

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

Cities are driving the transition to climate neutral and fair housing

Cities are driving the transition to climate neutral and fair housing

19 May 2025 - City governments are ready to lead the transition to climate-neutral buildings by 2050, but they cannot do it alone

serbia germany kfw heating plants renewables district heating konrad muler

Serbia to invest EUR 60 million in renewables in district heating

16 May 2025 - The Minister of Mining and Energy met with Ambassador Anke Konrad and KfW's Director for Southeast Europe and Turkey Klaus Müller

North Macedonia Law on Energy

North Macedonia adopts Law on Energy

15 May 2025 - With a majority of votes, 62 out of 120, the Assembly of North Macedonia adopted the Law on Energy, aligning the legal framework with the EU

croatia subsidies energy poverty fzoeu

Croatia sets EUR 25 million in incentives for energy poor households

22 April 2025 - Croatia has earmarked EUR 25 million for households at risk of energy poverty. They will use the funds for energy renovation