Montenegro

Hydro as a European flexibility asset: Montenegro’s reservoirs in a coupled Italy–SEE system

For decades, Montenegro’s hydroelectric system has been perceived primarily through a regional lens. Its reservoirs and run-of-river plants were valued as instruments of domestic supply security and, at most, as balancing assets for neighbouring Balkan systems. Market coupling with Italy fundamentally redefines this role. Montenegro’s hydro fleet is no longer optimised against a regional Balkan […]

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Montenegro: Croatian–Montenegrin consortium wins tender to modernize Bar oil storage tanks

A joint Croatian–Montenegrin consortium has emerged as the top-ranked bidder in Montenegro’s long-delayed tender to modernize state-owned oil storage tanks at the port of Bar. The winning bid was submitted by Croatia’s S.A.K.Z. in partnership with several Montenegrin companies, with a total value of 1.74 million euros, narrowly undercutting a competing offer from a Montenegrin–Serbian

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Qair Montenegro plans 60 MW Jabuka solar power plant as part of regional expansion

Qair Montenegro is preparing to develop a new solar power plant in the municipality of Niksic, with a planned installed capacity of 60 MW. The Montenegrin Government has granted the investor the necessary urban and technical conditions to move forward with the project. According to the approved documentation, the planned facility, named Jabuka, will be

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Regional power-flow shifts after the Pljevlja shutdown: Montenegro in a rewired Balkan energy landscape

The shutdown of Pljevlja transforms Montenegro’s internal energy balance, but its implications extend beyond national borders. In the interconnected Balkan power system, every addition or removal of a major unit reshapes flows, congestion points, trade patterns and price correlations. Montenegro’s transition to a predominantly hydro-wind profile introduces a new dynamic into a region already balancing

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Private wind producers in Montenegro: From peripheral players to system-defining actors

Montenegro’s power system is undergoing a quiet reordering of influence. Where state hydro once dominated unchallenged and Pljevlja provided the stable backbone, private wind producers are emerging as system-defining actors. They are reshaping generation patterns, altering the economics of supply, influencing price formation and pushing Montenegro into deeper integration with regional markets. The first generation

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Balancing costs in Montenegro’s post-coal power system

As Montenegro steps into a future without Pljevlja’s coal-fired stability, the cost of balancing becomes the defining economic metric of its power system. Balancing is never a simple technicality; it is the financial manifestation of volatility. When wind ramps up quickly or collapses within minutes, when hydrology restrains reservoir operations, when cross-border flows tighten and

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Montenegro’s power future: Transitioning from coal at Pljevlja to wind, hydro and import options

Montenegro finds itself at a key inflection point. The only coal-fired thermal power plant in the country, Yugoslav Thermal Power Plant Pljevlja (TPP Pljevlja), with an installed capacity of about 225 MW, has for decades been the backbone of domestic generation and is now scheduled for gradual shutdown. (OECD) Its decommissioning raises fundamental questions about

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Montenegro: Average household electricity bill in reaches €36.35 in November 2025

The average electricity bill for households in November 2025 amounted to €36.35, marking a 12.9% increase from the previous month (€32.21) but 2.7% lower compared to November 2024 (€37.35). The lowest average monthly consumption was recorded in Zabljak (€20.4), while the highest was in Tivat, where bills averaged €46.6. Around 60.46% of households will pay

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Montenegro launches €11 million tender to build mandatory oil reserves

The Montenegrin Hydrocarbons Administration has issued a tender worth 11 million euros for the purchase of 16,500 metric tons (approximately 19.6 million liters) of fuel to initiate the country’s mandatory oil reserves. The tender calls for EN 590-grade diesel with strict conditions: it must be produced after 21 January 2026 and cannot be derived from

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Montenegro: EPCG suffers deep losses in 2025 as Pljevlja shutdown drives costs and cuts production

Montenegrin state-owned power utility EPCG posted a significant financial decline in the first nine months of 2025, recording a net loss of 78.7 million euros, compared to a loss of 19.2 million euros in the same period last year. The extended shutdown of TPP Pljevlja, Montenegro’s only coal-fired power plant, dominated this year’s results. The

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