Browsing: CGES

Montenegro’s electricity transmission operator CGES reported a net profit of €24.8 million for the past year, continuing its strong financial performance. The company has recorded significant…

The key energy companies of Montenegro—Elektroprivreda (EPCG), the Montenegrin Electricity Distribution System (CEDIS) and the Montenegrin Transmission System (CGES)—signed a Letter of Intent today for strategic…

Representatives of the Montenegrin Electricity Transmission System (CGES) and investor Qair Montenegro signed an agreement in Podgorica for connecting the Rudine Solar Power Plant (SE Rudine)…

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…