Which companies have the power base stations in Montenegro

Where is electricity produced in Montenegro?

The majority of electricity in Montenegro is primarily produced at the Pljevlja coal-fired Thermal Power Plant and the Perucica and Piva Hydropower Plants\. The core activities of the majority state-owned Electrical Power Company of Montenegro (EPCG) are electricity generation, transmission, distribution, and supply.

How much electricity does Montenegro need?

With around 621 000 inhabitants, Montenegro’s electricity needs are mainly met by the 225 MW lignite power plant at Pljevlja and the 307 MW Perućica and 342 MW Piva hydropower plants, all run by state-owned utility Elektroprivreda Crne Gore (EPCG).

Where are solar power plants located in Montenegro?

Montenegro is rich in solar radiation, particularly in the southern part, especially around the cities of Bar and Ulcinj, and in the area around the capital city of Podgorica. Solar power plants are located in these areas due to the high solar radiation.

What is the best prospect industry sector for Montenegro?

The energy sector is a best prospect industry sector for Montenegro. It includes a market overview and trade data. The energy sector of Montenegro is small, with only 396,000 customers and overall demand of approximately 3,500 gigawatt hours (GWh) annually.

How many wind farms are in Montenegro?

Currently, there are two wind farms in Montenegro: Krnovo, with a capacity of 72MWh, and Mozura, with a capacity of 46MWh. In June 2021, EPCG shareholders approved the construction of the 55MW Gvozd wind farm with Austria’s Ivicom Holding. The estimated value of the project is EUR 58 million.

Is Montenegrin oil & gas drilling possible?

The Montenegrin government signed concession agreements for exploratory offshore oil and gas drilling, which began in March 2021. However, preliminary results indicate that the drill site is not feasible for exploitation.