Europe: TTF gas prices...

In the first week of November 2025, TTF natural gas futures traded within...

Region: Electricity prices in...

During Week 45 of 2025, electricity prices across Southeast Europe (SEE) rose sharply...

Montenegro to open first...

The Montenegrin Ministry of Energy announced that it will open bids for the...

Montenegro: Average household electricity...

The average household electricity bill in Montenegro for October 2025 amounted to 32.21...
Supported byClarion Energy
HomeSEE Energy NewsMontenegro: EPCG will...

Montenegro: EPCG will base its development on green energy

Further growth and development of Montenegrin state-owned power utility EPCG must be based on green energy and that means complete switch to renewable energy sources, cleaner air without additional investments and subsidies and starting a strong investment cycle, said President EPCG’s Board of Directors Milutin Djukanovic.

Djukanovic said at the Energy Summit in Trebinje that the development of EPCG must be based on launching a strong investment cycle with no additional costs for citizens, as well as creating a model that will enable all citizens to become prosumers and engage in individual electricity production.

He reminded that in the near future the realization of several projects is planned – 170 MW hydro power plant Komarnica, 50 MW wind farm Gvozd, unit 8 at HPP Perucica which will increase its output by 54 MW and solar power plant Briska Gora. where the installed capacity would range from 200 to 250 MW. In this way, in the next four-year period, EPCG could complete the realization of projects which would increase the country’s total installed capacity, which now amounts to 883 MW, by 100 %. In just four years, Montenegro would build as many energy facilities as in the previous 75 years.

 

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: TTF gas prices remain stable as ExxonMobil and partners sign exploration deal for Greece’s Block 2

In the first week of November 2025, TTF natural gas futures traded within a narrow range between €31.20 and €32.55 per MWh, showing limited volatility and remaining close to late-October levels. This stability reflected a short-term balance between supply...

Region: Electricity prices in SEE surge in Week 45 amid higher demand and lower renewable output

During Week 45 of 2025, electricity prices across Southeast Europe (SEE) rose sharply compared to the previous week, driven by stronger demand and lower renewable generation. Except for TĂĽrkiye, Croatia, and Italy, all SEE markets recorded weekly average prices...

Montenegro to open first renewable energy auction for 250 MW of solar capacity

The Montenegrin Ministry of Energy announced that it will open bids for the country’s first renewable energy auction on 12 November, marking a major step forward in the nation’s clean energy transition. Launched in July with support from the European...
Supported byVirtu Energy
error: Content is protected !!