MONTENEGRO

Montenegrin EPCG Chooses Contractor for Reconstruction of Pljevlja TPP

Date: 11.11.2019 Author: Peter Palčec
Montenegrin EPCG Chooses Contractor for Reconstruction of Pljevlja TPPPhoto: EPCG

The Montenegrin power utility, Elektroprivreda Crne Gore (EPCG), has selected the consortium DEC International-Bemax-BB Solar-Permonte as the most favourable bidder in the tender for the selection of

ECRB: Forward Price Signal Still Lacking in Western Balkans

Date: 07.11.2019 Author: Tanja Srnovršnik
ECRB: Forward Price Signal Still Lacking in Western BalkansPhoto: ACER

Between 50% and 90% of power generation in Western Balkan countries is ‘reserved’ for end users, leaving only a small volume to be traded through market mechanisms either via tenders or

SEE CAO Announces Yearly Auction For 2020

Date: 07.11.2019 Author: Peter Palčec
SEE CAO Announces Yearly Auction For 2020Photo: Roman Peklaj

The South East European Coordinated Auction Office (SEE CAO) has announced that the yearly auction for 2020 will be held on 25 November 2019. The announcement of the yearly auction for the allocation

Montenegrin EPCG’s Net Profit Down 60.4% in First 9 Months of 2019

Date: 05.11.2019 Author: Tanja Srnovršnik
Montenegrin EPCG’s Net Profit Down 60.4% in First 9 Months of 2019Photo: www.epcg.co.me

The Montenegrin power utility Elektroprivreda Crne Gore (EPCG) generated a net profit of EUR 17.065 million in the first nine months of 2019, down from the EUR 43.06 million net profit generated in

German-Montenegrin Consortium to Invest EUR 100m in Brajići Wind Park

Date: 31.10.2019 Author: Peter Palčec
German-Montenegrin Consortium to Invest EUR 100m in Brajići Wind ParkPhoto: Alenka Lena Klopčič

A German-Montenegrin consortium consisting of the German company WPD and the company Vjetrolektrana Budva is the only bidder in a tender for the long-term lease of state-owned land for the

Consumption in Montenegrin Power Distribution System Up 1.5% in September

Date: 29.10.2019 Author: Tanja Srnovršnik
Consumption in Montenegrin Power Distribution System Up 1.5% in SeptemberPhoto: Alenka Lena Klopčič

Users of Montenegro’s electricity distribution system consumed 204,168,919 kWh of electricity in September this year, which is about 23% less compared to August 2019 and up 1.47% compared to

Montenegro is Exploring for Oil and Gas to Provide Citizens With Cheaper Energy

Date: 25.10.2019 Author: Peter Palčec
Montenegro is Exploring for Oil and Gas to Provide Citizens With Cheaper EnergyPhoto: Alenka Lena Klopčič

“Hydrocarbons, as a non-renewable resource, are not only ours, and it is our duty to make the potential benefits of their use available for generations to come,” said Montenegro’s Deputy Prime

Montenegrin EPCG to Invest EUR 700m in Renewables

Date: 24.10.2019 Author: Tanja Srnovršnik
Montenegrin EPCG to Invest EUR 700m in RenewablesPhoto: Roman Peklaj

The Montenegrin power utility Elektroprivreda Crne Gore (EPCG) plans to invest EUR 700 million in renewable energy sources and the reconstruction of existing plants in accordance with environmental

SEE CAO: 4.87 EUR/MWh Auction Price Achieved at North Macedonia-Greece Border

Date: 22.10.2019 Author: Tanja Srnovršnik
SEE CAO: 4.87 EUR/MWh Auction Price Achieved at North Macedonia-Greece BorderPhoto: Roman Peklaj

The South East European Coordinated Auction Office (SEE CAO) has announced the results of the monthly auction for the allocation of physical transmission rights (PTR) for November 2019. The highest

Montenegro Government Adopts Draft Law on Climate Change Protection

Date: 21.10.2019 Author: Peter Palčec
Montenegro Government Adopts Draft Law on Climate Change ProtectionPhoto: EPCG

The Montenegrin government has adopted a draft Law on Protection from the Negative Impact of Climate Change. “The key objective of this document is to protect against the adverse effects of climate

Consumers Will Be Important for Solving Future Power Balancing Problem in WB6

Date: 16.10.2019 Author: Tanja Srnovršnik, Vienna
Consumers Will Be Important for Solving Future Power Balancing Problem in WB6Photo: Roman Peklaj

A total of 1,000 MW of coal-fired power capacity will have to be shut down in Western Balkan 6 countries (with the exception of Albania, which has no coal-fired power generation) due to the large

Montenegro’s Power Consumption Up 1.5% in September

Date: 15.10.2019 Author: Tanja Srnovršnik
Montenegro’s Power Consumption Up 1.5% in SeptemberPhoto: © European Communities, 2009

Households in Montenegro consumed 92,328,050 kWh of electricity in September 2019, which is 26.5% less than in August 2019 and 1.5% more than in September 2018, said the Montenegrin power utility


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