Romania: OPCOM reports decrease...

In April 2025, the average price of electricity on the day-ahead market of...

Croatia: CROPEX reports decrease...

In April 2025, a total of 982,941.6 MWh of electricity was traded on...

Low hydropower reserves and...

Southeastern Europe is heading into the summer season with concerningly low water levels...

Slovenia: Households paid below-average...

Slovenian households benefited from significantly lower electricity prices last year compared to the...
Supported byClarion Energy
HomeSEE Energy NewsRegion, The installation...

Region, The installation of another underwater cable between Italy and Montenegro has been announced

The Ambassador of Italy in Montenegro, Andreana Marcela, expressed her interest in the construction of buildings from renewable energy sources and announced the installation of another underwater electrical cable between Italy and Montenegro.

Marcela met with the president of the PIR Party of Pensioners, Disabled Persons and Restitution, Momo Joksimović, who congratulated her on her appointment as Italian ambassador to Montenegro and wished her a pleasant and pleasant stay in friendly Montenegro.

– Joksimović pointed to the difficult economic situation in which Montenegro finds itself, to the very difficult position of the largest class population of pensioners, as well as to the difficult financial position of the PIO Fund, which would not be able to self-finance without the help of the Government of Montenegro. He also pointed to the problems of Montenegro with public finances, as well as the fact that a large number of Montenegrin citizens, including children, live on the edge of existence, hunger and poverty – PIR announced.

Joksimović also pointed to the large number of investments of foreign capital in capital facilities in Montenegro, such as the construction of electrical facilities from renewable sources of several hydropower plants. He pointed out that the water potential in Montenegro is not even 17% used, while in Europe it is 80%.

Considering the historical friendly relations between the two countries, Joksimović expressed the expectation that Italy will show interest in capital investments of mutual interest.

– By building several hydroelectric power plants and selling electricity to friendly Italy, Montenegro would significantly improve public finances for a long period of time – Joksimović assessed.

Marcela pointed out that, for now, Italy is not interested in the construction of the thermal power plant in Maoč, which has coal reserves for the production of electricity for the next 80 years, or the second block in the Pljevlja Thermal Power Plant, eKapija reports.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania: OPCOM reports decrease in traded volume and price fluctuations in April 2025

In April 2025, the average price of electricity on the day-ahead market of the Romanian energy exchange OPCOM stood at 86.44 euros/MWh, marking a 44.08% increase compared to the same month in 2024, but a 18.74% decrease from the...

Croatia: CROPEX reports decrease in electricity trading volume and prices in April 2025

In April 2025, a total of 982,941.6 MWh of electricity was traded on the Croatian energy exchange CROPEX, marking a 10.3% decrease compared to March. Of this volume, 732,302.5 MWh was traded on the day-ahead market, while 250,639.1 MWh...

Low hydropower reserves and rising gas prices threaten Southeastern Europe’s energy stability this summer

Southeastern Europe is heading into the summer season with concerningly low water levels at its hydropower facilities, raising alarms about the potential for increased wholesale electricity prices in the near future. Hydropower reserves across the region are currently lower...
Supported byVirtu Energy
error: Content is protected !!