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CEDIS and University of Montenegro’s Faculty of Metallurgy and Technology sign €6,000 donation agreement

CEDIS, the Montenegrin power distribution system, has donated €6,000 to the Faculty of Metallurgy and Technology (MTF) at the University of Montenegro for the...

EBRD secures €28 million loan for Montenegro’s Brezna substation upgrade to boost renewable energy integration

The European Bank for Reconstruction and Development (EBRD) has granted a state-backed loan of up to €28 million to Montenegro’s power transmission system (CGES)...

Ministry of Energy responds to allegations involving energy sector companies

In response to media reports linking certain energy sector companies with entities on the U.S. "blacklist," the Ministry of Energy and Mining has taken...

Transparency and spending trends: Montenegro’s state-owned electro-energy companies

State-owned electro-energy companies in Montenegro, totaling five, have distributed over 6.5 million EUR in donations and sponsorships over the past six years, alongside a...
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Montenegro’s BELEN Exchange: Shaping the future of electricity pricing

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’s Electric Distribution System records decrease in energy losses

In the first quarter, the distribution network recorded a decrease in electrical energy losses to 11.62 percent, marking an improvement compared to the 12.27...
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