Fresh tendering planned for development of renewable energy sources – PM
Montenegrin Prime Minister Duško Marković has announced fresh tendering procedures for the leasing of state land intended for the construction of power plants using renewable energy sources, as well as the signing of an agreement for a solar power plant at the location of Briska Gora in the Ulcinj municipality by the end of the […]
Montenegro pays EUR 7.5 million in renewable energy subsidies in H1
Montenegro set aside a total of EUR 7.5 million in incentives for producers of electricity from renewable energy sources in the first six months of 2018, about EUR 4.3 million of which went to Krnovo Green Energy, which operates the Krnovo wind farm, Pobjeda has learned, according to local media. From May 1, 2014, when […]
Montenegro to buy part of transmission network from Krnovo wind farm
The Government of Montenegro has decided to purchase a part of the power transmission infrastructure which France’s Akuo Energy has built for its Krnovo wind farm. A European Union grant of EUR 5.8 million has been secured for the transaction. The 110/35 kV Brezna substation with a connection to the existing Nikšić-Brezna transmission line, as […]
Montenegrin government issues operating permit for Krnovo wind farm
The Montenegrin Ministry of Sustainable Development and Tourism issued an operating permit late in August 2017 for the Krnovo wind farm which started tests of its wind turbines in May this year. The Krnovo wind farm is a EUR 120 million investment which led the Montenegrin authorities to decide to raise subsidies for electricity from […]
Krnovo wind park started trial electricity production
Wind power plant in Krnovo, Montenegro, launched trial electricity production on 5 out of 26 wind turbines installed. Wind park has MW 72 of installed power and it is one of the largest facility of that type in the region. According to plan, production will be increased gradually, followed by technical tests. If the tests […]
Small is not (always) beautiful: small hydro development in the Western Balkans
By Igor Vejnović, Hydropower Policy Officer, CEE Bankwatch Network It has long been recognized that the human and environmental costs of large dams are extremely high — just recently the failure of the overflow channels at the Oroville dam, California, almost triggered a tragedy. Across the Balkans, however, instead of coming up with genuinely new ideas, […]
EUR 180 million invested in RES projects in Montenegro
Ministry of Economy of Montenegro has announced that the total value of investments in renewable energy sources (RES) projects in that country reached almost EUR 180 million. The largest investment in RES is Krnovo wind farm worth EUR 143 million, according to a press release published on the ministry website. The remainder of EUR 35 […]
Montenegro increased tariff for renewables and high-efficiency cogeneration
Montenegro increased the tariff subsidy for electricity from renewable energy sources and high efficiency cogeneration from 0,12 to 0,47 eurocents per kWh. The decision drew harsh criticism from the opposition and a part of the civil sector. According to the Montenegrin Ministry of economy, the biggest impact on the tariff comes from Krnovo wind park, […]