Montenegro expects electricity deficit for three years
Total net deficit of power for consumption in Montenegro will amount to 229.9 GWh (6.5%) next year and 230 GWh (6.3%) in 2018, while in 2019 a shortfall of 209 GWh (5.7%) is expected, shows the government’s document on the long-term energy balance. Purchase of electrical energy because of the deficit, will be carried out […]
Montenegro Parliament ratifies shareholder contract with A2A
Lawmakers voted to accept the draft agreement with the state’s Italian partners in Electric Power Company of Montenegro (EPCG) late on July 29. A2A gets managing rights but also more responsibility, vice premier Vujica Lazović stated. The motion was passed with 41 votes in favor and 11 against. “The state will have bigger control over […]
A2A and Government of Montenegro reach agreement
Italian partner A2A will remain to be co-owner in Montenegrin Electric Power Company (EPCG), while the second block of thermal power plant Pljevlja will still be built. Domestic media reported only an official confirmation is expected from A2A about the agreement for the next five years. The facility will cost EUR 340 million, mostly financed […]
EPCG invests over EUR 2 million in electrical grid of Ulcinj
Power supply in the municipality of Ulcinj will be better and safer the following season due to an investment by the Montenegrin Electric Power Company (EPCG). The state-controlled utility recently launched works in the central part of the town, located in the country’s south. The project of a new substation is underway, and the facility […]
Hydropower plant Perućica beats quarterly production plan
Successful generation results marked the first three months of this year in the oldest large-scale power plant in Montenegro. Hydropower plant Perućica delivered the first volumes of electricity to the electrical power system in May 1960. It was named after well Perućica in its immediate vicinity. Around 385.5 GWh of electricity was generated in the […]
Electricity consumption lowered by one fifth in April
Last month households in Montenegro consumed 87 GWh of electricity, 20.6% less than in the previous month and 9.5% under the level from April of last year, state-owned utility Electric Power Company of Montenegro (EPCG) stated on its website. The average electricity bill for households, excluding non-read metering points in buildings not permanently resided, amounted […]
Separation of FC Distribucija good sign for new suppliers
The plan for the unbundling of the distribution sector (FC Distribucija) from state-owned utility EPCG to a separate entity sends a positive signal to new electricity suppliers and improves business environment for their arrival, said Energy Regulatory Agency (RAE), news agency Mina-Business reported. The separation of is not going to make good environment for new electricity suppliers […]
Remote reading system covers over 60% of customers
Out of 370,000 electricity consumers in Montenegro, 228,000 or over 60% are included in the system of remote electricity meter reading, state-owned utility Electric Power Company of Montenegro (EPCG) informed news agency Mina-Business. EPCG stated Enel delivered all the electricity meters for the modernization of electricity consumption measurement project. “In the second stage of the project, 82,000 […]