Tag: EPCG

EPCG reveals €333 million cost burden from legacy renewable support contracts

Montenegro’s state utility Elektroprivreda Crne Gore has disclosed that €333 million has been paid to privileged renewable energy producers under legacy incentive schemes, highlighting the long-term financial impact...

Masdar–EPCG alliance signals a €3–4 billion reset of Montenegro’s energy investment model

Montenegro’s energy sector is entering a new phase of capital intensity and strategic alignment, with the planned joint venture between EPCG (Elektroprivreda Crne Gore) and Masdar marking one...

EPCG extends Gvozd wind platform with Nordex agreement for second phase

Montenegro’s state-owned utility EPCG has moved to deepen its investment in wind generation, signing a new agreement with German turbine supplier Nordex for the...

EPCG extends Gvozd wind platform with Nordex agreement for second phase

Montenegro’s state-owned utility EPCG has moved to deepen its investment in wind generation, signing a new agreement with German turbine supplier Nordex for the...
Supported byVirtu Energy

Montenegro’s renewable energy pivot: The EPCG–Masdar partnership and the emergence of a green electricity export strategy

Montenegro’s electricity sector is entering a decisive transformation as the country seeks to reposition itself from a small domestic power system reliant on hydropower...

Montenegro state power utility shows unusual high capacity to complete wind park successfully, regional show case

Montenegro’s experience with the Elektroprivreda Crne Gore has provided a concrete, practice-based demonstration that state-owned power utilities in South-East Europe can successfully develop, finance,...
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