Energy Community Just Transition Forum: transition to clean energy must be gradual
Energy Community Just Transition Forum: to make sure the energy transition is just, it needs to be gradual.
Land lease agreement signed for Brajići wind farm
A consortium led by German renewable energy firm wpd has signed a land lease agreement for wind farm Brajići near the Montenegrin coastal city of Budva, a project valued at EUR 101.3 million. The Brajići wind farm, with an installed capacity of slightly over 100 MW, is projected to generate around 220 GWh of clean […]
Energy companies in Montenegro to invest EUR 734 million by 2024, EUR 1 billion in total
Energy companies in Montenegro plan to invest more than EUR 1 billion, of which EUR 734.6 million in the next four years, according to the third socio-economic package, adopted by the government to mitigate the coronavirus pandemic effects. The largest part of these investments will be implemented by state-owned companies Elektroprivreda Crne Gore (EPCG), Crnogorski […]
Montenegrin government proposes Law on Energy, eases rules for prosumers
The Government of Montenegro has adopted the draft Law on Energy to make it easier for consumers to become prosumers which means they could generate and consume their own green energy. The bill was prepared after public debate and in close cooperation with the energy companies and other stakeholders, the government said on its website. […]
EPCG signs agreement on TPP Pljevlja environmental overhaul
Montenegrin state power utility Elektroprivreda Crne Gore (EPCG) has signed an agreement worth over EUR 54 million on an environmental overhaul of its coal-fired thermal power plant (TPP) Pljevlja, a project that will extend the plant’s lifespan by 30 years and greatly reduce its impact on the environment. The agreement on the environmental overhaul was […]
EPCG may opt to take on a partner for HPP Komarnica project
Montenegrin state-owned electricity producer Elektroprivreda Crne Gore (EPCG) has the right to decide whether to build the planned 170 MW hydropower plant (HPP) Komarnica on its own or in cooperation with a partner, according to Economy Minister Dragica Sekulić. It is only natural that the Komarnica project be carried out by EPCG, but it is […]
Sekulić: Coal excise tax to cover Montenegro’s stimulus for renewables
Among her remarks in New Year interviews with several domestic media outlets, Montenegro’s minister of economy insisted households will continue to be exempted from premiums for electricity from renewable sources for the consumption of up to 300 kWh per month. Furthermore, Dragica Sekulić stressed, the 2019 directive on stimulus for such production of electricity and […]
Možura wind farm, Montenegro’s second largest, officially starts operation
The Možura wind farm, Montenegro’s second largest, with an installed capacity of 46 MW, has been officially inaugurated. The EUR 90 million wind farm was put in operation by Montenegrin energy minister Dragica Sekulić and Maltese energy and water supply minister Joe Mizzi. The Možura wind farm was built by a consortium of Maltese state-owned […]