The adoption of a new Energy Law is currently in progress, aimed at integrating the European Directive 2019/944, which outlines common rules for the functioning of the internal electricity market. Energy Minister Saša Mujović made this announcement, highlighting the importance of this legislation.
Mujović expressed satisfaction with the public consultation process, noting that over 300 comments were received on the draft law. This response underscores the law’s significance, the transparency of the procedure, and the level of public engagement.
He emphasized that this law is fundamental for connecting Montenegro’s electricity market to the European market. It offers several benefits for citizens and businesses, enabling them to consume, store, and sell electricity, as well as participate in programs that enhance the flexibility of the energy system.
“In essence, citizens will have the option to voluntarily reduce their electricity consumption during times of energy shortages and will be compensated for doing so. The law also introduces dynamic pricing for electricity, allowing prices to fluctuate based on market conditions throughout the day. This could lead to more economical electricity costs for consumers at different times. Additionally, the law defines the concept of ‘energy poverty’ and provides mechanisms for the government to protect vulnerable groups,” Mujović explained.
Furthermore, the Ministry of Energy plans to introduce a new law regarding cross-border electricity and natural gas exchanges for public discussion in the near future. This step will complete the integration of the entire Energy Community regulatory framework, aligning Montenegro’s energy legislation with European Union standards.
