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HomeUncategorizedMontenegro: market model,...

Montenegro: market model, actors and interconnection capacity, balancing model

The balancing is completely covered by two hydro power plants. These power plants cover all balancing needs automatically. Market based agreements for balancing are not in force up to now. Functional unbundling is done, but legal unbundling is in progress. The Montenegrin Government(major owner of the power utility) decided about establishing four limited liability companies (generation, transmission, distribution and supply).

Congestion Management is performed at the following borders:

Montenegro – Serbia:
Congestions occur on the border to Serbia, in the direction from Serbia to Montenegro, because a significant part of Montenegrin imports is coming from that direction and because of internal congestion within the Serbian network

Montenegro – Albania:
Congestions occur on the border to Albania, because of huge Albanian imports transit the Montenegrin system. Thus a new 400 kV interconnector is under construction. All relevant data concerning congestion management is available on the webpage of TSO EPCG..

Wholesale market

Up to now there is no open wholesale market in Montenegro as there is only one company acting on the wholesale level. The national total consumption was 4.6 TWh and the peak load 0,79 GW in 2007. The total installed capacity was 0,87 GW.

Furthermore there is only one company covering most of the ancillary services due to the high share of hydropower (76% of total installed capacity) which is suitable for ancillary service delivery. 1,6 TWh of electricity are imported based on yearly arrangements among which KAP (aluminium smelter) imported in 2007 0,75 TWh directly from traders.

Retail market

Up to now there is no real retail market in Montenegro. All costumers are supplied by only one supplier whereas the market share for the end consumers (only consumption without losses calculated) is as indicated below:

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