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MONTENEGRO

Wind power share in Montenegro’s electricity mix hits 40%

Date: 30.09.2022 Author: Maja Žuvela
Wind power share in Montenegro’s electricity mix hits 40%Photo: Montel

Montenegro on Thursday generated more than 40% of its electricity with its two wind farms, ranking fourth in Europe based on its share of wind power, according to the WindEurope association’s data.

Montenegrin Pljevlja power plant to go online on 29 Sept

Date: 28.09.2022 Author: Maja Žuvela
Montenegrin Pljevlja power plant to go online on 29 SeptPhoto: EPCG

The Montenegrin 225 MW Pljevlja coal-fired power plant will be reconnected to the grid on Thursday morning, a day later than previously announced, a spokesman for power utility EPCG told Montel on

Montenegro revives idea of new unit at Pljevlja coal plant

Date: 26.09.2022 Author: Maja Žuvela
Montenegro revives idea of new unit at Pljevlja coal plantPhoto: EPCG

Montenegro’s Pljevlja coal mine and power utility EPCG revived the idea of expanding the 225 MW Pljevlja coal power plant amid fears of a prolonged energy crisis, the online news outlet Vijesti

Montenegrin 225 MW Pljevlja power plant goes offline

Date: 26.09.2022 Author: Maja Žuvela
Montenegrin 225 MW Pljevlja power plant goes offlinePhoto: 

The Montenegrin 225 MW Pljevlja coal-fired power plant was taken off the grid on Sunday evening due to leakage in a boiler facility, its operator power utility EPCG said on Monday.

Montenegrin EPCG sells 3.34m shares

Date: 23.09.2022 Author: Maja Žuvela
Montenegrin EPCG sells 3.34m sharesPhoto: EPCG

The Montenegro Stock Exchange (MNSE) said that 3.34m of power utility EPCG’s shares, or 28.27% of the offered package, have been sold in an auction on the bourse on Friday.

Montenegrin government to buy 3.34m of EPCG’s shares

Date: 23.09.2022 Author: Maja Žuvela
Montenegrin government to buy 3.34m of EPCG’s sharesPhoto: EPCG

The Montenegrin government plans to buy 3.34m of power utility EPCG’s shares for EUR 15m, finance minister Aleksandar Damjanovic said on Thursday.

Montenegro’s EPCG to sell 10% stake via bourse on 23 September

Date: 16.09.2022 Author: Maja Žuvela
Montenegro’s EPCG to sell 10% stake via bourse on 23 SeptemberPhoto: Energetika.NET archive

A sale of 11.81m shares, or 10% of the Montenegrin power utility EPCG, will be carried out on 23 September via the Montenegro Stock Exchange (MNSE) at an initial price of EUR 4.49 per share.

Energy Community to adopt 2030 climate goals in December

Date: 01.09.2022 Author: Peter Palčec
Energy Community to adopt 2030 climate goals in DecemberPhoto: www.pixabay.com

The Energy Community Ministerial Council is expected to adopt 2030 energy and climate targets at its meeting on 15 December 2022, which include the adoption of renewable energy targets and emissions

Montenegro could abolish VAT on solar panels

Date: 29.08.2022 Author: Peter Palčec
Montenegro could abolish VAT on solar panelsPhoto: Montel

Montenegrin media are reporting that last week economic development minister Goran Djurovic said his ministry will propose that the government abolish the VAT on solar panels.

Montenegrin energy sector registers drop in investments – report

Date: 25.08.2022 Author: Peter Palčec
Montenegrin energy sector registers drop in investments – reportPhoto: Energetika.NET archive

Last year, the Montenegrin energy sector struggled with declining state investments, failure to adopt vital strategic documents and too much political interference, according to the Montenegrin

Montenegro’s EPCG to consider power cuts, rates increase

Date: 18.08.2022 Author: Maja Žuvela
Montenegro’s EPCG to consider power cuts, rates increasePhoto: Montel

The Montenegrin power utility EPCG may have to introduce power cuts or raise power rates unless the situation on the energy market improves, its spokesman Tomas Damjanovic told Montel on Thursday.

Montenegro to upgrade Pljevlja power plant by Oct 2024

Date: 16.08.2022 Author: Maja Žuvela
Montenegro to upgrade Pljevlja power plant by Oct 2024Photo: EPCG

The modernisation of Montenegro’s 225 MW Pljevlja coal-fired power plant to meet environmental standards will be completed by 15 October 2024, after which the plant will enter a five-month trial



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