Bulgaria confirms Belene nuclear...

Bulgaria will not proceed with the sale of two nuclear reactors from the...

Bosnia and Herzegovina: Three...

Three hydropower plants on the Bistrica river near Foča are expected to be...

Bosnia and Herzegovina: Entities...

The entities of Bosnia and Herzegovina have agreed on the text of a...

Romania: OMV Petrom and...

OMV Petrom and Romgaz, partners in the Neptun Deep offshore gas project, are...
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Montenegro: CGES reports decline in net profit for 2024, despite reduced operating expenses

Montenegrin electricity transmission system operator, CGES, reported a net profit of 24.8 million euros in 2024, marking a decline from the previous year's net...

Montenegro signs agreement for 50 MW Rudine solar power plant

Montenegrin electricity transmission system operator CGES has signed a network connection agreement with Qair Montenegro, a subsidiary of French renewable energy company Qair International,...

Montenegro secures €950,000 grant for power grid modernization and renewable energy integration

Montenegrin electricity transmission system operator CGES has signed a €950,000 technical grant agreement with the French Development Agency (AFD) and French utility company RTE...

Montenegro takes key step toward integrating electricity market with European Union

Montenegro's electricity transmission system operator, CGES, and the Electricity Exchange MEPX have secured initial access to the Italian Borders Working Table (IBWT) Working Group....

Montenegro: CGES reports decreased profit for first nine months of 2024

CGES (Crnogorski Elektroprenosni Sistemi), the Montenegrin electricity transmission system operator, reported a net profit of 17.4 million euros for the first nine months of...

Montenegro to return €34.7 million to consumers due to excessive cross-border capacity revenues

Montenegro’s Energy Regulatory Agency (ERA) has determined that the country’s electricity transmission system operator, CGES, should refund €34.7 million to consumers, following an overcharge...
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