Regional power-flow shifts after...

The shutdown of Pljevlja transforms Montenegro’s internal energy balance, but its implications extend...

Private wind producers in...

Montenegro’s power system is undergoing a quiet reordering of influence. Where state hydro...

Balancing costs in Montenegro’s...

As Montenegro steps into a future without Pljevlja’s coal-fired stability, the cost of...

Montenegro’s power future: Transitioning...

Montenegro finds itself at a key inflection point. The only coal-fired thermal power...
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HomeSEE Energy NewsMontenegro: EPCG achieved...

Montenegro: EPCG achieved record profit in H1 – 106 million euros

State-owned power utility EPCG recorded a net profit of 106 million euros in the first half of 2023. This is the highest profit the company has ever made since its establishment. 

The record is even more impressive considering that in the year of achieving such a result, EPCG was the only company in Europe that did not raise electricity prices for its citizens and did not receive any support from the state. 

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Regional power-flow shifts after the Pljevlja shutdown: Montenegro in a rewired Balkan energy landscape

The shutdown of Pljevlja transforms Montenegro’s internal energy balance, but its implications extend beyond national borders. In the interconnected Balkan power system, every addition or removal of a major unit reshapes flows, congestion points, trade patterns and price correlations....

Private wind producers in Montenegro: From peripheral players to system-defining actors

Montenegro’s power system is undergoing a quiet reordering of influence. Where state hydro once dominated unchallenged and Pljevlja provided the stable backbone, private wind producers are emerging as system-defining actors. They are reshaping generation patterns, altering the economics of...

Balancing costs in Montenegro’s post-coal power system

As Montenegro steps into a future without Pljevlja’s coal-fired stability, the cost of balancing becomes the defining economic metric of its power system. Balancing is never a simple technicality; it is the financial manifestation of volatility. When wind ramps...
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