Browsing: CGES

The development of the energy market in Montenegro in recent years has been marked by significant steps toward integration into the European energy system. One of…

The Ministry of Energy has prepared a draft National Energy and Climate Plan, which has been sent to the Energy Community (EC) for review. The plan…

Montenegro’s electricity transmission system (CGES) and the electricity exchange have gained initial access to the Italian Borders Working Table (IBWT) Working Group, meeting a crucial requirement…

Crnogorski elektroprenosni sistem (CGES), the French Development Agency (AFD) and RTE International have signed a €950,000 grant agreement for technical support aimed at strengthening the energy…

The Government of Montenegro has approved the Energy Balance for 2025, a crucial document outlining the country’s energy production and consumption plans for the upcoming year.…

Electricity company Elektroprivreda Crne Gore (EPCG) reported a loss of 19.2 million euros for the first nine months of 2024, a decline of 130.5% compared to…

The Regulatory Agency for Energy has determined that the Montenegrin Transmission System (CGES) needs to refund consumers €34.7 million due to excess revenues generated from the…

The President of the Assembly of Montenegro and the chairpersons of the Boards of Directors of EPCG and CGES recently visited the Dispatcher Center of the…

The Montenegro Stock Exchange experienced positive momentum this week, bolstered by Moody’s upgrade of Montenegro’s credit rating from B1 to Ba3 for the first time in…

Ivan Asanović, the Director of the Montenegrin Electric Transmission System (CGES), and Enrico Casari, a representative of Alcazar Energy, have signed a contract to connect the…