Electricity sales abroad brought Montenegro €78.5 million in export revenue during January-September 2026, accounting for approximately 18% of the country’s total merchandise exports, which reached €434.4…
Browsing: energy
Montenegro’s industrial production increased by 31.6% year on year in the third quarter, driven primarily by electricity generation and mining, while manufacturing recorded growth of just…
Montenegro’s economy is projected to expand by 3.3% in 2026, with stronger investment and household consumption supporting economic activity following slower growth in the previous year,…
Montenegro’s government has referred proposed management changes at state-controlled electricity utility EPCG to the Finance Ministry for financial assessment, delaying the creation of additional executive positions…
Montenegro is seeking stronger technical assistance from the European Bank for Reconstruction and Development (EBRD) to accelerate implementation of its €539 million active project portfolio, as…
A €50 million European Investment Bank credit line through the Development Bank of Montenegro is supporting renewable-energy and energy-efficiency investments by small and medium-sized companies, creating…
Montenegro has completed the diversion of the Ćehotina River at the Pljevlja coal mine, removing a physical constraint that had limited further development of the Potrlica…
Montenegro’s undersea electricity connection with Italy gives exporters direct access to a higher-priced European power market, but the country’s €73.70/MWh indicative CBAM cost can significantly affect…
Montenegro’s electricity balancing framework is set for broader market participation under draft rules adopted by transmission system operator CGES, covering batteries, demand response, generators and aggregated…
Montenegro’s state-owned power utility EPCG has kept the active-energy component of household electricity prices unchanged since 2019, while both its household customer base and the number…
