In Montenegro, electricity producers utilizing renewable energy sources have received a total of €104.6 million in subsidies from 2014 to 2025, as reported by the Montenegrin Electricity Market Operator (COTEE). These financial incentives, which are ultimately funded by electricity consumers and the state, are reflected in specific tariff charges labeled OIE1 and OIE2 on power bills.
Wind power generation has been the primary beneficiary of these subsidies, accumulating €73.1 million during the specified period. The Krnovo wind farm operator, Krnovo Green Energy, stands out as the largest recipient with €58.1 million in incentive payments. Additionally, the Možura wind farm has received approximately €15 million in support.
Mini-hydropower plants have also played a significant role in benefiting from these subsidy schemes, with total payments reaching about €30.7 million. Notably, Hidroenergija Montenegro has garnered nearly €10 million for its eight hydropower plants, while other operators like Kronor and Igma Energy have also received substantial incentives across various sites.
In contrast, solar power producers have received relatively minimal support, totaling around €795,000 for owners of solar installations under the privileged producer regime.
The incentive programs aimed at promoting renewable energy generation have faced scrutiny from policymakers and lawmakers. The Montenegrin Parliament has initiated an inquiry committee to investigate the awarding and subsidization processes for certain concessions, particularly focusing on wind farms such as Možura.
The funding for these payments to privileged producers derives from a combination of charges levied on electricity consumers and budget allocations. This arrangement continues to fuel discussions in Montenegro regarding the economic and social implications of long-term renewable energy support mechanisms.
