Supported byClarion Energy
HomeSEE Energy NewsMontenegro, EPCG enabled...

Montenegro, EPCG enabled to sell surplus electricity at SEEPEX

Elektroprivreda Crne Gore announced that the subsidiary EPCG doo Belgrade performed the first transaction on SEEPEX (licensed operator for the organized electricity market in Belgrade), which enabled the company to directly place a surplus on that stock exchange, ie buy a shortage of electricity. Energy.

– As it is a day-ahead market (today for tomorrow), this novelty allows us to make even better use of our own production, primarily that of HPP Piva, since it can be further marketed at the best possible prices, ie. the most expensive profiles – it was announced from EPCG.

– In this way, we are gradually engaging in direct trading on foreign markets, and the next step will be the registration of the company on one of the stock exchanges from EU member states. So far, we have used partner companies for services of this type – it is added in the announcement, eKapija reports.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

World Bank-backed €50 million programme targets district heating in Pljevlja

Pljevlja transition programme and heating measures Montenegro is preparing an approximately €50 million World Bank-backed investment programme for Pljevlja. The effort targets district heating, cleaner household energy and efficiency measures as the country begins building infrastructure for an eventual transition...

EPCG completes major works on €26m Gvozd 2 wind expansion in Montenegro

Montenegro’s state power utility EPCG has completed most work on the second of three turbine foundations at its 21 MW Gvozd 2 wind project, advancing a nearly €26 million expansion further into construction. The project is located on the...

Perućica hydropower unit EPCG returns 190 MW after annual maintenance

Montenegro’s state power utility EPCG has returned 190 MW of capacity at the Perućica hydropower plant to operation after completing the main phase of its annual maintenance programme. The restoration brings additional generation capacity back online following the maintenance...
Supported byVirtu Energy