MONTENEGRO

Montenegrin EPCG Becomes Majority Owner of Pljevlja Coal Mine

Date: 19.06.2018 Author: Peter Palčec
Montenegrin EPCG Becomes Majority Owner of Pljevlja Coal MinePhoto: Simona Drevenšek

The Montenegrin power utility Elektroprivreda Crne Gore (EPCG) became the majority owner of the Pljevlja coal mine on Friday, reported SEEbiz.eu.

Montenegro the Most Expensive Country for Bitcoin Mining

Date: 19.06.2018 Author: Peter Palčec
Montenegro the Most Expensive Country for Bitcoin MiningPhoto: Roman Peklaj

Mining the cryptocurrency Bitcoin in Montenegro, which amounts to USD 6,384 (EUR 5,495) of electricity consumption, is not only the most expensive related to other countries in the region, but also in

Go-live of DAM in Montenegro Expected in Early 2019

Date: 15.06.2018 Author: Tanja S. Volarič, Budapest
Go-live of DAM in Montenegro Expected in Early 2019Photo: Roman Peklaj

The power exchange company in Montenegro, BELEN/MEPX, is expected to finalise the process of finding a strategic partner in the third quarter of 2018. The day-ahead market in Montenegro could then

Montenegro’s Power Consumption Down 4.7% in May 2018

Date: 14.06.2018 Author: Peter Palčec
Montenegro’s Power Consumption Down 4.7% in May 2018Photo: Energetika.NET archive

Households in Montenegro consumed 84,409,559 kWh of electricity in May 2018, which is 4.7% lower compared to April 2018, and 1.3% less than in May 2017, said the Montenegrin power utility

Montenegro: Public Consultation on the Safety of Hydrocarbon Operations

Date: 05.06.2018 Author: Ana Vučina Vršnak
Montenegro: Public Consultation on the Safety of Hydrocarbon OperationsPhoto: Alenka Žumbar

The Montenegrin Ministry of Economy has published an invitation on its website for a public consultation on a draft law on the safety of hydrocarbon-related operations.

Montenegrin CGES Doubles Net Profit in Q1 2018

Date: 04.06.2018 Author: Peter Palčec
Montenegrin CGES Doubles Net Profit in Q1 2018Photo: Tomaž Klopčič

The net profit of Montenegro's electricity TSO, CGES, amounted to EUR 1.406 million in the first three months of 2018, up from the EUR 701,906 generated in the first three months of 2017, according to

Montenegrin Pljevlja TPP Back Online

Date: 31.05.2018 Author: Tanja Srnovršnik Volarič
Montenegrin Pljevlja TPP Back OnlinePhoto: EPCG

The Montenegrin 210 MW Pljevlja thermal power plant (TPP) is back online, following a regular annual overhaul, which started on 31 March. The overhaul works are valued at about EUR 3 million, said the

EU’s Household Electricity Prices Decreased Between Second Halves of 2016/2017

Date: 31.05.2018 Author: Andreja Šalamun
EU’s Household Electricity Prices Decreased Between Second Halves of 2016/2017Photo: Andreja Šalamun

In the European Union (EU), household electricity prices slightly decreased (-0.2%) on average between the second halves of 2016 and 2017 to stand at EUR 20.5 per 100 kWh. Among EU member states,

Montenegro Distributed 24% Less Electricity in April 2018

Date: 28.05.2018 Author: Peter Palčec
Montenegro Distributed 24% Less Electricity in April 2018Photo: Tomaž Klopčič

Users of Montenegro’s electricity distribution system consumed 188,778.119 kWh of electricity in April 2018, which is about 24% less compared to March 2018, said Montenegro’s electricity

Montenegro Announces Tender for Seismic Research in the Montenegrin Offshore

Date: 24.05.2018 Author: Peter Palčec
Montenegro Announces Tender for Seismic Research in the Montenegrin OffshorePhoto: Victor Habbick via FreeDigitalPhotos

Montenegro’s Ministry of Economy plans to issue a tender in autumn 2018 for carrying out seismic research for the exploration of the Montenegrin offshore and the processing and interpretation of

Montenegro to Build New Gvozd Wind Park Worth EUR 70m

Date: 22.05.2018 Author: Peter Palčec
Montenegro to Build New Gvozd Wind Park Worth EUR 70mPhoto: Valerija Hozjan Kovač

The Montenegrin power utility Elektroprivreda Crne Gore (EPCG) and the Austrian company Ivicom have signed a memorandum of understanding (MoU) regarding construction of the 50 MW Gvozd wind park,

Montenegro’s Power Consumption Down 27% in April 2018

Date: 17.05.2018 Author: Peter Palčec
Montenegro’s Power Consumption Down 27% in April 2018Photo: DhakaTribune

Households in Montenegro consumed 88,591,505 kWh of electricity in April 2018, which is 27% lower compared to March 2018, and 3% less than in April 2017, said the Montenegrin power utility

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