Tag: electricity market

Montenegro moves forward with new Energy Law to align with EU standards

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...

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

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...

Montenegro’s energy market integration: Toward European connectivity and market growth

Montenegro's Ministry of Energy has recently initiated the process of connecting its day-ahead electricity market to the unified European energy market, in line with...
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