Establishing the power exchange in Montenegro is a step towards a free wholesale power market. It is to provide transparent trade and the establishment of benchmark wholesale price, and also enhance competition, says the economy minister, Dragica Sekulic in an interview with Pobjeda newspaper. She added that our power market was small, so the full… READ MORE
Each of 26 wind power plants that were recently installed on Krnovo hill by Nikšić will be functional by the beginning of next year, said Emil Bakić, director of Akuo energy Med, for Weekend Edition of Dnevne Novine daily. The exact date the wind farm should start working was not set, because it mostly depends… READ MORE
Installing 26 wind turbines on the Krnovo hill near Niksic has been finished. The project is more than €140m worth and it is being implemented by the Austrian company Ivica Consulting and the French company Akuo Energy. 26 windmills installed “We were informed on Tuesday that the investor completed the installation of all 26 wind… READ MORE
The first energy bridge between the European Union and the Balkans was installed yesterday near the Jaz cape in the Kotor municipality. This submarine power cable will connect Montenegro with Italy. The cable is being constructed by Italian Terna company and Montenegrin Power Transmission System (CGES). Prime Minister Milo Djukanovic and Terna CEO Mateo del… READ MORE