NewsRespect Energy Holding and EPCG collaboration: Driving Montenegro's renewable energy transition

Respect Energy Holding and EPCG collaboration: Driving Montenegro’s renewable energy transition

Supported byOwner's Engineer banner

Respect Energy Holding’s collaboration with Elektroprivreda (EPCG) is set to bolster Montenegro’s transition towards renewable energy sources, announced Tomasz Zadroga, Vice President of the Polish firm’s Board of Directors.

Zadroga highlighted that partnering with Elektroprivreda (EPCG), Montenegro’s primary electricity producer and supplier, underscores their strong commitment to expanding operations both locally and across the Western Balkans.

Supported by

“Our upcoming projects with EPCG include developing and operating offshore wind farms, establishing battery energy storage facilities, and constructing solar power plants,” Zadroga revealed to Elektroprivreda’s publication.

Expressing satisfaction with the collaboration, Zadroga emphasized that their partnership would facilitate Montenegro’s shift towards renewable energy.

Supported byElevatePR Digital

“Our collaboration will significantly support the country’s energy system expansion into renewable sources,” Zadroga affirmed.

Reflecting on initial challenges, Zadroga noted Poland’s accelerated energy transformation in recent years.

“Despite encountering obstacles, such as legislation lagging behind changes, our society now widely recognizes the importance of green transition,” Zadroga explained.

He highlighted Respect Energy Holding’s active role in developing green energy projects worldwide, including wind and solar farms like the Zwartowo Farm in Poland.

“As a leading European renewable energy trader, we’re also focusing on hybrid energy systems, offshore wind farms, hydrogen production, and promoting green initiatives across Europe,” Zadroga noted.

In Poland, coal accounted for 69% of electricity in 2022, with renewables contributing 21%, one of the lowest in the EU.

However, Zadroga stressed the sector’s continuous development towards green energy, with renewables already accounting for 27% of electricity in Poland last year.

“By 2030, renewables are projected to reach 50% of the country’s energy production, underscoring an unstoppable transition,” Zadroga concluded.

He emphasized strong support from the business community for initiatives promoting sustainability, such as green hydrogen and offshore wind farms.

“All aimed at environmental protection and economic sustainability, these technologies signify a vital step towards energy transition and emission reduction,” Zadroga concluded.

Supported byspot_img

Related posts

Supported byspot_img
Supported byspot_img
Supported byInvesting Montenegro logo
Supported byMonte Business logo
error: Content is protected !!