Browsing: energy

Montenegro’s state-owned power utility, EPCG, reported a net profit of €10.2 million for 2024, marking a sharp 80.5% decrease from the €52.5 million profit recorded in…

The International Finance Corporation (IFC), part of the World Bank Group, will assist in drafting an intergovernmental agreement between Montenegro and the United Arab Emirates (UAE)…

Montenegrin power distribution company CEDIS has announced a public tender for the fourth phase of its Advanced Metering Management (AMM) project, involving the relocation of metering…

In the previous year, the total electricity production in Montenegro amounted to 3.45 thousand gigawatt-hours (GWh), which is 4.36% more than the gross consumption of 3.3…

The Pljevlja thermal power plant, which generates over 40% of the electricity needed for Montenegro, will be out of operation for the next seven and a…

Six state-owned energy companies in Montenegro employed an average of 5,242 workers in 2024, and three of them reported a combined net profit of €50.7 million…

Admir Šahmanović, recently appointed as Montenegro’s Minister of Energy, who also oversees mining, oil and gas, announced his strong initiative to launch the construction of a…

Decarbonization is a clear obligation that all countries in the region have already committed to, stated Ivan Mrvaljević, Executive Director of the Development and Investment Directorate…

Elektroprivreda Crne Gore (EPCG) and the Montenegrin Academy of Sciences and Arts (CANU) have signed a new donation agreement, continuing their successful collaboration under the joint…

The development of solar power plants in Montenegro is yielding tangible results, with nearly 80 megawatts (MW) of installed capacity currently in operation, stated Jovan Kasalica,…