EPCG
Solar power generation to increase tenfold in Montenegro next year
25 November 2022 - According to the estimate in the Energy Balance of Montenegro for 2023, electricity production will drop 12.63% this year
UGT Renewables signs deal on renewables, energy storage with Montenegro’s EPCG
04 November 2022 - Montenegro's EPCG and US-based UGT Renewables signed an agreement on the joint development of renewables and energy storage
EPCG to install another 15,000 rooftop solar power plants
19 October 2022 - Last July, Montenegrin power utility started the projects Solari 3,000+ for households and Solari 500+ for companies
Two coal plants in Western Balkans go offline due to malfunctions
27 September 2022 - Coal+ plants Pljevlja in Montenegro and Kosovo A broke down, adding to concerns about the possibility of blackouts in the region
Government of Montenegro pays EUR 15 million for additional stake in EPCG
23 September 2022 - The Government of Montenegro bought an additional 2.8% stake in state-owned power utility Elektroprivreda Crne Gore – EPCG
Montenegro allows state-owned EPCG to sell shares in stock market
15 September 2022 - Elektroprivreda Crne Gore (EPCG) is obligated by law to sell a 10% stake by September 26 or write off the share package
Abazović discusses new energy projects with consortium of foreign companies
07 September 2022 - Prime Minister Dritan Abazović met with a consortium of overseas firms led by United States–based UGT Renewables
7-month shutdown of TPP Pljevlja planned for 2024 as part of ecological reconstruction
16 August 2022 - TPP Pljevlja's ecological reconstruction will not require a temporary shutdown in 2023, but a 7-month stoppage is planned for 2024
Montenegro’s utillity EPCG to halve minimum price for sale of 10% stake
15 August 2022 - After two failed bidding rounds for a 10%, stake, EPCG said the government can decide to switch to the stock market for the share sale
Montenegro’s EPCG lowers minimum price for sale of 10% of its shares
05 August 2022 - Montenegro's state-owned utility EPCG cut the minimum price for its 10% stake to EUR 87 million from just above EUR 100 million
No bids for 10% stake in Montenegrin power utility
03 August 2022 - The deadline has passed and state-owned coal power producer Elektroprivreda Crne Gore (EPCG) failed to attract any offers for a 10% stake
Drought to cost Montenegro’s EPCG utility EUR 100 million in third quarter
01 August 2022 - State-owned power producer EPCG said it would have to import 294 GWh of electricity in the three months through September due to drought
Montenegro’s EPCG revamps Kruševo hydropower plant project
18 July 2022 - Montenegro's power utility EPCG will examine the possibility to build hydropower plant Kruševo on the Piva river
Montenegro’s power utility EPCG seeks buyer for 10% stake
18 July 2022 - EPCG is preparing to sell 10% of its shares to a single buyer at a minimum price that is more than two times above the current market value
EPCG hires Swiss consultancy for gas power plant projects
12 July 2022 - EPCG will work with SS&A Power Consultancy on projects for the first gas-fired power plants in combination with renewables in Montenegro
Montenegro’s EPCG joins day-ahead power market on SEEPEX exchange in Serbia
17 June 2022 - Montenegro's state-owned power utility EPCG said it completed the first transaction at Serbian power exchange SEEPEX