Europe: Gas prices slide...

In Week 30 of 2025, European gas prices declined, with Dutch TTF prices...

Region: Heatwave drives SEE...

In Week 30 of 2025, electricity market prices rose significantly across most Southeast...

Romania: INVL Renewable Energy...

INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on...

Croatia: Summary of Guarantees...

On 29 July, a total of 231,827 Guarantees of Origin (GOs) were sold...
Supported byClarion Energy
HomeSEE Energy NewsMontenegro: Energy companies...

Montenegro: Energy companies to apply artificial intelligence

The Electric Power Company of Montenegro (EPCG), the Montenegrin Electric Transmission System (CGES) and the Montenegrin Electric Distribution System (CEDIS) have signed a cooperation agreement with the Montenegrin Academy of Sciences and Arts (CANU), to improve the efficiency of the power system and apply artificial intelligence in the power industry.

The agreement stipulates that CANU and energy companies will jointly work on scientific research and development projects in the field of energy through cooperation with the ENEKO Center, as a special scientific research unit of CANU. It is also planned to hold joint scientific meetings, round tables and expert discussions in the field of power engineering, publishing publications, as well as cooperation on other matters of common interest.

President of the Electric Power CompanyEPCG Board of Directors, Milutin Đukanović, assessed the initiative of CANU to sign the Agreement as significant.

– I feel that you have recognized the importance of energy. I don’t want to be subjective, but this sector is the most important for us. That is why this cooperation when it comes from such a significant address, encourages us to continue working on the projects we have started. I expect the Academy to help, and the Electric power distribution company will be open for work and cooperation. The signing of this agreement will send a message to the broadest public about the level of responsibility of important entities in Montenegro, where energy is the economic locomotive – said Đukanović.

The president of CANU, academician Dragan K. Vukčević, assessed that the signing of the Agreement is an important step in the networking of institutions in Montenegro.

– The future of development lies in that synergy. Within CANU, there is an ENEKO centre that we founded relatively long ago, which was formed as a centre for energy, ecology and sustainable development. I am glad that the members of the academy – vice-president Stanković and academician Đurović launched an initiative to renovate that centre and cooperate with energy companies– said Vukčević.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Gas prices slide in Week 30 amid strong supply, cooling demand

In Week 30 of 2025, European gas prices declined, with Dutch TTF prices falling below €34/MWh — the lowest level recorded since April 29, 2025. This decrease was mainly driven by steady Norwegian gas supplies and continued progress in...

Region: Heatwave drives SEE electricity prices to summer highs in Week 30 of 2025

In Week 30 of 2025, electricity market prices rose significantly across most Southeast European (SEE) countries compared to the previous week. All markets recorded weekly average prices above €100/MWh, with the exception of Türkiye. This marked the highest price...

Romania: INVL Renewable Energy Fund I secures €29.3 million loan for 71 MW solar project

INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on renewable energy projects, has obtained a €29.3 million loan from Kommunalkredit Austria to finance the construction of a 71 MW solar power plant in Dolj County,...
Supported byVirtu Energy
error: Content is protected !!