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Montenegro suspends new concessions for renewables

Published

March 10, 2016

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Published:

March 10, 2016

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Montenegrin Ministry of Economy said it ceased to receive applications and initiatives for concessions to be granted to investors in renewable energy sources. The suspension will last until the end of 2016, as a report needs to be prepared for the Government of Montenegro and the Energy Community by then to determine whether the national action plan was fully implemented, according to the statement. The biennial report should cover progress in the share of green energy in final consumption in segments of electricity, heating, cooling and transport.

In the case that the document shows Montenegro reached the determined quotas, the government can cease to stimulate the construction of new facilities generating energy from renewable sources until the conditions are met for the programme’s relaunch, the statement adds. The ministry said it halted the process for concessions as it needs to have all necessary data and clear indicators by the end of the year.

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