Elektroprivreda Crne Gore (EPCG) has completed a feasibility study for the construction of battery energy storage systems (BESS), confirming both the technical and financial viability of the project. The study, finalized in June and revised in August 2025, demonstrates that the project is feasible across all analyzed scenarios and will provide multiple benefits, including enhanced energy stability, reduced greenhouse gas emissions, and strengthening Montenegro’s regional leadership in battery storage.
The project involves the construction of two BESS facilities with a total capacity of 60 MW/240 MWh, with an estimated budget of €48 million (excluding VAT). The procurement process follows a turnkey EPC contract, covering equipment supply, engineering, construction, commissioning, staff training, and performance verification. Strict technical and financial criteria have been set, including mandatory equipment guarantees and operational penalties for downtime exceeding 48 hours.
EPCG has engaged extensively with manufacturers, distributors, and integrators, reviewing over 20 market proposals to ensure cost-effective and high-quality solutions. The target price for the project is €200,000 per MWh, aligning with best practices across the EU.
Officials emphasized that delays in project implementation cost approximately €1 million per month, highlighting the urgency of government approval for financing. Once completed, Montenegro would become the first country in the Balkans to operate a BESS of this scale, reinforcing its commitment to renewable energy and regional energy security.
