Supported byClarion Energy
HomeSolarSEE region: Montenegro...

SEE region: Montenegro and Republic of Srpska to build reversible HPP and solar park

The projects of the reversible hydropower power plant and the solar power plant on Lake Bileć were agreed at a meeting of the Minister of Energy and Mining, Saša Mujović, and the director of “Elektroprivreda Republika Srpska”, Luka Petrović.

Mujović said that compensation for submerged land in Montenegrin territory was also discussed.

“I hope for a very high-quality, win-win solution for Montenegro so that we end this conversation with great optimism,” Mujović pointed out and announced a continuation already on Friday when the operational work teams will move on to the concrete solution of certain tasks.

Petrović agrees that the issue of submerged land in the territory of the municipality of Nikšić, where Bileć Lake is located, should be regulated.

“But we also need to define and permanently solve the water supply of Herceg Novi, which also comes from the Trebišnjica river, and in a way we think that we can make it so that all parties are satisfied,” Petrović pointed out after the meeting.

The meeting is a continuation of the talks aimed at solving the complexity of the Bileć Lake issue, which was initiated by Mujović.

The first concrete result is the return of compensation for submerged land for the Municipality of Nikšić, which was not paid for the previous 30 years, Vijesti reports.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Domestic industrial PPAs open new revenue opportunities for Serbian and Montenegrin renewables

Domestic industrial demand can support renewable investment and improve electricity cost predictability, but the carbon value of a power purchase agreement depends on the products being exported and the emissions rules governing them. Renewable developers in Serbia and Montenegro have...

Montenegro’s electricity exporters need stronger PPAs to secure Italian market revenues

The Adriatic interconnector gives Montenegro's renewable generators access to Italian buyers, but investment returns depend on carbon treatment, delivery profiles and the fallback provisions built into individual export agreements. Montenegro's electricity interconnection with Italy offers renewable energy investors access to...

Montenegro construction permit issued for 88 MW Korita wind farm near Bijelo Polje

Montenegro has issued a construction permit for the 88 MW Korita wind farm near Bijelo Polje, moving the project towards implementation. The authorisation was granted following completion of planning and environmental approval procedures. The permit was issued to local...
Supported byVirtu Energy