Browsing: CGES

The draft loan agreement between Montenegrin Transmission System (CGES) and the European Bank for Reconstruction and Development (EBRD), proposing a state guarantee of 28 million euros…

Montenegro’s Electricity Exchange (BELEN) was founded in 2017 and has primarily functioned as a wholesale marketplace for electricity trading, indirectly influencing consumer prices paid by households,…

If the Montenegrin Parliament passes amendments to the Energy Law, currently under review, it will resolve the issue of connecting new renewable energy sources to the…

The director of Montenegro’s National Dispatch Center, Ranko Redžić, assured that the country’s power grid is stable and well-prepared for the upcoming summer tourist season. Redžić…

The executives of Elektroprivreda (EPCG) and the Montenegrin Power Transmission System (CGES), Ivan Bulatović and Ivan Asanović, officially sealed a deal today for the development of…

Montenegro’s Electric Transmission System (CGES) achieved an unprecedented profit of €35.7 million last year, as announced by Aleksandar Mijušković, the Chairman of the Board of Directors.…

Montenegro’s Ministry of Energy has recently initiated the process of connecting its day-ahead electricity market to the unified European energy market, in line with the country’s…

The Electric Power Company of Montenegro (EPCG), the Montenegrin Electric Transmission System (CGES) and the Montenegrin Electric Distribution System (CEDIS) have signed a cooperation agreement with…

Representatives of the Montenegrin Electrotransmission System (CGES) and the Electricity Network of Serbia (EMS) signed an agreement that will enable the successful realization of the planned…

At the end of 2022, the most representative companies in Montenegro that are part of the MNSE10 stock exchange index achieved a total business income of…