Energy companies in Montenegro to invest EUR 734 million by 2024, EUR 1 billion in total
27 July 2020 - Energy companies in Montenegro plan to invest more than EUR 1 billion, of which EUR...
CGES earns EUR 3 million by auctioning capacity of submarine power cable
13 January 2020 - Montenegrin transmission system operator (TSO) Crnogorski Elektroprenosni Sistem (CGES) has earned EUR 3 million by...
Submarine power cable promotes Montenegro as energy hub for Balkans – Ferraris
05 July 2019 - The Montenegro-Italy submarine power cable has been deployed under an investment that will enable Montenegro...
SEE CAO appoints Ivan Bulatović as new executive director
13 May 2019 - Coordination Auction Office in South East Europe (SEE CAO) has appointed Ivan Bulatović as the...
CGES to pay dividend from retained earnings from previous years
04 January 2019 - Montenegrin transmission system operator (TSO) Crnogorski Elektroprenosni Sistem’s (CGES) shareholder assembly has backed a EUR...
CGES, KfW sign EUR 20 million loan agreement for Luštica transmission project
01 November 2018 - Montenegrin transmission system operator (TSO) Crnogorski Elektroprenosni Sistem (CGES) and German development bank KfW have...
Energy Community backs certification of transmission system operator CGES
06 March 2018 - The Energy Community Secretariat supports the certification of the Montenegrin transmission system operator Crnogorski Elektroprenosni...
Montenegro to buy part of transmission network from Krnovo wind farm
28 February 2018 - The Government of Montenegro has decided to purchase a part of the power transmission infrastructure...
UPDATE: Montenegro’s MEPX to start trading electricity by the end of this year
29 January 2018 - Trading at the Montenegrin Power Exchange (MEPX) should begin by the end of this year...
Dragan Kujović new Executive Director of Montenegrin TSO CGES
18 December 2017 - An extraordinary Shareholders Assembly of Montenegro’s state-owned utility Crnogorski elektroprenosni sistem (CGES) elected Dragan Kujović as Executive...
Igor Noveljić appointed new executive director of Montenegrin power company EPCG
21 July 2017 - Former State Secretary at the Ministry of Economy of Montenegro Igor Noveljić has been appointed...
Montenegro gets its power exchange, another step towards regional market
22 June 2017 - Elektroprivreda Crne Gore (EPCG), national power utility company of Montenegro, Montenegro Electricity Market Operator (COTEE) and...