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 Bank for Reconstruction and Development (EBRD), the competitive tender will award market premiums for up to 250 MW of new solar power capacity. Eligible participants include developers of solar plants with a minimum capacity of 400 kW, while the submission deadline closed on 10 November. The ceiling price for bids was set at 65 euros per MWh.
This auction follows a series of reforms adopted earlier in 2025 to modernize Montenegro’s renewable energy framework. Developed in cooperation with the EBRD, the reforms introduced a system of market-based incentives, guarantees of origin, the creation of local energy communities, and streamlined permitting procedures designed to attract new investors.
According to the Ministry, the initiative represents a key milestone in achieving Montenegro’s long-term energy strategy, which aims for renewables to account for 50 percent of final energy consumption by 2030 and 70 percent of total electricity generation.
The Government also plans to organize additional auctions for both solar and wind energy projects through 2027, in line with the European Union’s Reform Agenda and Montenegro’s obligations under the Energy Community framework.
