Montenegro

Modernization of Montenegro’s Power Grid with EBRD Support
The European Bank for Reconstruction and Development (EBRD), which has been present in Montenegro since 2006, will provide the Montenegrin Electricity Distribution System (CEDIS) with a 35 million euros loan to support the modernization and digitalization of Montenegro’s power grid.…

Forests vs. Coal – What Are Montenegro’s Climate Challenges?
The recent Country Climate and Development Report – Montenegro, published by the World Bank, examines the country’s path toward achieving climate goals, emphasizing the need for strategic investments and the implementation of effective policies. Like other Western Balkan countries, Montenegro…

Montenegro – Construction of the “Gvozd” Wind Farm Begins
The construction of the “Gvozd” wind farm has officially started in Montenegro, marking the first major production facility that Elektroprivreda Crne Gore (EPCG) is building after more than 40 years. The project, initiated in 2019, is valued at 82 million…

From Key Projects To Future Strategies
I n a crucial period of energy transition, Montenegro has a clear goal: moving towards energy sources that are more sustainable and less harmful to the environment. This transition is a response to international obligations related to climate change and…

Western Balkans Energy Week 2024 – Cooperation Towards Energy Transformation
On October 9 and 10, Montenegro is hosting a conference titled “Western Balkans Energy Week 2024” – one of the most significant events bringing together over 250 decision-makers, including government officials and private sector leaders from the Western Balkans and…

Energy Week Western Balkans 2024 – Driving the Clean Energy Transition in the Region
One of the most influential events in the energy sector in the Western Balkans this year, Energy Week Western Balkans 2024, will bring together regional leaders, energy companies, international investors, and policymakers, providing them with a unique opportunity to discuss…

Montenegro Adopts Law on the Use of Renewable Energy Sources
Montenegro has adopted the Law on the Use of Renewable Energy Sources, marking a significant step towards improving the sustainability of its energy sector. This first such law in the country introduces a new framework for encouraging investments in the…



