BELEN Archives - Montenegrobusiness

Montenegro electricity market analysis May 2026

03/06/2026

Montenegro emerged as one of the most interesting markets during May. Average BELEN prices fell from €98.76/MWh in the first half of the month to €83.92/MWh in the second...

Montenegro’s energy market development: Connecting with Europe and embracing renewable integration

11/01/2025

The development of the energy market in Montenegro in recent years has been marked by significant steps toward integration into the European energy system....

Montenegro’s BELEN Exchange: Shaping the future of electricity pricing

17/06/2024

Montenegro's Electricity Exchange (BELEN) was founded in 2017 and has primarily functioned as a wholesale marketplace for electricity trading, indirectly influencing consumer prices paid...

Montenegro allocates EU energy support: €500,000 disbursed for electricity market

12/06/2024

The Ministry of Energy and Mining has recently disbursed €500,000 to the Electricity Market Operator (BELEN) as part of the European Union's (EU) energy...

Supported by

BELEN appointed as nominated electricity market operator, advancing Montenegro’s energy sector

02/06/2024

At the latest Government session, the Montenegrin Electricity Exchange (BELEN) was officially appointed as the Nominated Electricity Market Operator (NEMO). This decision is based on...

The day-ahead market on the Electricity Exchange is important for local electricity traders

23/05/2023

The day-ahead market on the Electricity Exchange (BELEN), which was established last month, contributed to greater transparency and competitiveness, while smaller, local players were...