Europe: Brent oil, TTF...

In the third week of January 2025, Brent oil futures saw an increase,...

Europe: Electricity prices surge...

In the third week of January 2025, average electricity prices increased across most...

Europe: Electricity demand rises...

In the week of January 13, 2025, electricity demand increased in most major...

Solar energy surges across...

In the week of January 13, 2025, solar photovoltaic energy production saw an...
Supported byClarion Energy banner
HomeSEE Energy NewsMontenegro to approve...

Montenegro to approve HPP Buk Bijela project if it doesn’t affect the Tara river

An expert team of seven members whose task will be to review the project documentation, structure and planned operation of hydropower plant Buk Bijela, as well as to determine the altitude of the overflow point, i.e. the maximum elevation to which the future reservoir can grow, will be established between Montenegro and the Republic of Srpska (RS) in the next month.

State Secretary at Montenegrin Ministry for Spatial Planning, Ecology and Urbanism Danilo Mrdak said hat any technical and engineering solution that guarantees that the future reservoir will not have negative impacts on the Tara river and that no part of the Tara River will be submerged is completely acceptable to Montenegrin side.
State-owned power utility ERS provided the technical documentation to the Montenegrin side and expressed satisfaction that cooperation has been established to resolve the issues regarding the HPP Buk Bijela project.

In March 2019, RS and Serbia decided to cooperate on the project for the construction of HPP Buk Bijela, besides already agreed joint development of the projects for the construction of hydropower plants Foca and Paunci on the Drina river. At the meeting of the Energy Committee of Serbia and the Republic of Srpska, it was concluded that the construction of these facilities, whose combined installed capacity exceeds 180 MW, would equally contribute to the stability of energy systems of both countries.

In June 2016, the contract on the concession grant for the construction and operation of 93.52 MW
HPP Buk Bijela between the RS Government and the consortium which consists of power utility ERS and its subsidiary “Hidroelekrane na Drini” has been signed. The concession is granted for a period of 50 years and the estimated value of the investment is around 195 million euros.
The foundation stone for the project was laid in May this year.

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: Brent oil, TTF gas and CO2 futures see price increases in January

In the third week of January 2025, Brent oil futures saw an increase, surpassing $80 per barrel in most sessions, with the exception of Tuesday, January 14, when prices dipped to their weekly minimum of $79.92/bbl. On January 15,...

Europe: Electricity prices surge in January, driven by gas prices and demand

In the third week of January 2025, average electricity prices increased across most major European markets. The exceptions were the N2EX market of the United Kingdom and the Nord Pool market of the Nordic countries, where prices decreased by...

Europe: Electricity demand rises in January

In the week of January 13, 2025, electricity demand increased in most major European markets compared to the previous week. The French market saw the largest rise in demand, increasing by 15%, while Belgium registered the smallest growth at...
Supported bySEE Mining News
error: Content is protected !!