Electricity customers in Montenegro to get EUR 20-200 for poor supplier, system operator service
From August 8, customers in Montenegro will receive financial compensation of EUR 20-200 in situations when the minimum quality of electricity supply is not met, the Energy Regulatory Agency (RAE) of Montenegro has said on its website. Customers may file complaints about events occurring from August 8, within 30 days of the event which resulted […]
Investment in HPP Komarnica to reach EUR 238 million – study
The value of investment in the construction of the Komarnica hydropower plant (HPP) in Montenegro is estimated at EUR 237.9 million, according to the concept of the detailed spatial plan for the multipurpose water reservoir on the Komarnica river. The proposed installed capacity of HPP Komarnica is 168 MW and the estimated annual electricity production […]
Construction on 250 MW Briska Gora solar power plant to begin in 2020
The first phase of works on a solar power plant with an installed capacity of 250 MW on the Briska Gora locality near Ulcinj, Montenegro will begin in 2020 and last 18 months, state power utility Elektroprivreda Crne Gore (EPCG) CEO Igor Noveljić has said. In a statement to Vijesti, Noveljić said that he expects […]
EPCG’s new investment cycle focuses on portfolio diversification, hydropower projects
A Belgrade consortium comprising engineering firm Energoprojekt Hidroinženjering and water management institute Jaroslav Černi has been selected to produce a conceptual design for hydropower plant (HPP) Komarnica, and has already prepared an environmentally acceptable technical solution, which paves the way for the construction of the power plant following decades of research, Igor Noveljić, CEO of […]
EPCG to introduce three tariff models, renewable energy guarantees of origin
Power company Elektroprivreda Crne Gore (EPCG) will for the first time introduce tariff models for electricity consumers – blue, red and green – as well as a basic model for all those who do not sign a contract for one of the three models. The new tariff models, which will take effect on May 1, […]
Construction of Gvozd wind farm expected to start in 2020
Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG) is expected to launch the construction of the Gvozd wind farm in 2020, according to Ivan Mrvaljević, head of development and engineering at EPCG. The Gvozd wind farm is expected to go on stream in 2022, Mrvaljević said at a roundtable recently organized by non-governmental organization Green […]
EPCG signs contract for HPP Piva unit A2 reconstruction
Power utility Elektroprivreda Crne Gore (EPCG) and a consortium of Slovenia’s Litostroj Power, Croatia’s Končar – Generators and Motors and Serbia’s Elektroremont Subotica have signed a contract on a EUR 1.7 million overhaul of the second unit of the Piva hydropower plant (HPP). The reconstruction of HPP Piva’s A2 unit includes the replacement of the […]
EU, US, Chinese companies interested in EPCG acquisition
Companies from the European Union, the US, and China are interested in the acquisition of power utility Elektroprivreda Crne Gore (EPCG), Economy Minister Dragica Sekulić has said. In an interview with Pobjeda, she said that strong interest implies a greater responsibility in the process of selecting a strategic partner for EPCG. Montenegro will seek a […]