Montenegro''s First Battery Energy Storage Systems – smartWB
Montenegro''s state-owned power company, Elektroprivreda Crne Gore (EPCG), is pioneering the installation of battery energy storage systems (BESS) to enhance energy system efficiency and support renewable energy integration.
New funds for renewable energy in Montenegro
The European Bank for Reconstruction and Development (EBRD) is providing a sovereign-guaranteed loan to Crnogorski Elektroprenosni Sistem (CGES) for the upgrade of the electrical substation Brezna in north-western Montenegro. The project also benefits from significant EU funding under the Western Balkans Investment Framework (WBIF).
EBRD loans €28m for Montenegro substation upgrade
The project will enable the integration of 400MW of renewable energy into the national grid, helping the country to decarbonise its economy. Moreover, it will reduce transmission losses by 13GWh/year and secure a
Montenegro strengthens its electric grid for a Sustainable Energy
The project aims to rebuild and extend the Perućica substation (225/110 kV) and replace two aging autotransformers at the Pljevlja substation, both crucial to the stability of the national grid. The objective is to enhance Montenegro''s grid capacity to integrate new renewable energy sources and reduce losses, contributing to Montenegro''s
EBRD loans €28m for Montenegro substation upgrade | Smart Energy
The project will enable the integration of 400MW of renewable energy into the national grid, helping the country to decarbonise its economy. Moreover, it will reduce transmission losses by 13GWh/year and secure a safe and reliable electricity supply in Montenegro as well as in the region by further strengthening the Trans-Balkan corridor which
Montenegro power utility forges ahead with smart grid plans
The power utility will use the proceeds of a 32 million euro loan from the EBRD to develop a "fully functioning smart grid" and will begin tendering the delivery of meters and concentrators in November.
Montenegro''s decarbonisation project includes building
Additionally, EUR 21 million will be invested in modernising the electricity distribution grid, including upgrading substations, and transformers, and installing smart meters to improve network reliability and integrate renewable energy.
Montenegro strengthens its electric grid for a Sustainable Energy
The project aims to rebuild and extend the Perućica substation (225/110 kV) and replace two aging autotransformers at the Pljevlja substation, both crucial to the stability of
Promoting Energy Projects Development
In addition to expanding renewable energy sources, Montenegro is prioritizing energy efficiency and smart grid integration. The Energy Efficiency Action Plan aims to reduce energy consumption across sectors, encouraging businesses and households to adopt energy-efficient technologies and practices.
Montenegro to modernise grid with €950,000 grant | Smart Energy
The objective is to enhance Montenegro''s grid capacity to integrate new renewable energy sources and reduce losses, contributing to Montenegro''s commitment to achieving carbon neutrality by 2050. The cooperation programme also includes studies on deploying digital solutions and optimising Montenegro''s grid management and monitoring.
Montenegro to invest EUR 34 million in energy renovation, distribution grid
Investments in energy renovation and the electricity distribution grid are part of the project Decarbonization of the Energy Sector of Montenegro. Funds for its implementation will be provided from a EUR 31 million loan from the International Bank for Reconstruction and Development (IBRD) and EUR 2.8 million from the state budget.