Montenegro faces decline in electricity production in 2024 amidst challenging hydrological conditions
Montenegro saw a notable decrease in electricity production in 2024, generating 3,447 GWh, which is a 15% drop compared to […]
Montenegro
Montenegro faces energy challenges as TPP Pljevlja shuts down until November
Montenegro’s key electricity producer, the Pljevlja thermal power plant, has been shut down for reconstruction and will remain offline until
Montenegro targets full integration with European electricity market by 2037
Montenegro is on track to begin its digital integration with the unified European electricity market between late 2026 and early
Montenegro: Pljevlja coalmine reports slight decline in profit for 2024
Pljevlja coalmine recorded a net profit of 15.06 million euros in 2024, slightly down from 15.2 million euros in the
Montenegro: Average household electricity bill in March 2025 drops 6.2% from February
In March 2025, the average electricity bill for households amounted to 38.48 euros, reflecting a 6.2% decrease from the previous
Montenegro plans 4 GW in renewables, seeks stronger energy ties with Italy
Montenegro has plans to develop solar and wind energy projects totaling 4,000 MW, according to Admir Šahmanović, Minister of Mining,
Montenegro: EPCG seeks one-year extension for Otilovici small hydropower plant project
State-owned power utility EPCG has requested a one-year extension for completing the first phase of the Otilovici small hydropower plant
Montenegro: EPCG confirms stable electricity prices amid TPP Pljevlja reconstruction
Montenegrin state-owned power utility EPCG has confirmed that electricity prices will remain unchanged for the time being. As the ecological
Montenegro: Alcazar Energy submits EIA for 119 MW Bijela wind farm
The Montenegrin Environmental Protection Agency (EPA) has announced that Vjetro Park Bijela, a subsidiary of Luxembourg-based renewables developer Alcazar Energy,
Montenegro: Jugopetrol maintains steady profit in 2024 despite slight asset decline
Montenegrin fuel retailer Jugopetrol posted a net profit of 7 million euros in 2024, maintaining a similar performance as the
Montenegro: CGES reports decline in net profit for 2024, despite reduced operating expenses
Montenegrin electricity transmission system operator, CGES, reported a net profit of 24.8 million euros in 2024, marking a decline from
Montenegro: Offshore wind potential estimated at 2.3 GW
A Study on the Resource Viability of Offshore Wind Energy in Montenegro, authored by Miloš Bogdanovic and Špiro Ivoševic at the Faculty