Tag Archives: EPCG
EU carbon border mechanism hits EPCG as Montenegro stays tied to coal
Montenegro’s power utility EPCG reported losses of about €13 million in the first quarter after the EU carbon border mechanism began affecting electricity generated from carbon-intensive…
Montenegro approves €40 million EPCG borrowing to strengthen power resilience as trade deficit widens
Montenegro has approved a €40 million borrowing package for state utility EPCG, backed by KfW, to expand the Perućica hydropower plant. The financing comes as carbon…
CBAM starts to bite into EPCG’s export model as Montenegro utility posts €13m Q1 loss
Montenegro’s state-owned power producer EPCG reported a €13 million loss in the first quarter of 2026, with the European Union’s Carbon Border Adjustment Mechanism already driving…
Montenegro approves €40m KfW loan for Perućica Phase III upgrade at EPCG
Montenegro has approved a €40 million long-term KfW loan for Elektroprivreda Crne Gore to fund Perućica Phase III, including installation of generating unit A8. The financing…
EPCG and EDF move from broad cooperation to a structured partnership for Montenegro’s Kruševo hydropower plan
Montenegro’s state-owned EPCG and France’s EDF have advanced talks aimed at turning general collaboration into a more defined development partnership, anchored by the planned PRRS_LINK_1 tied…
EPCG and Masdar plan a €3–4 billion renewable buildout aimed at export economics
Elektroprivreda Crne Gore (EPCG) and Abu Dhabi’s Masdar are developing a portfolio-scale renewable platform for Montenegro, targeting €3–4 billion of investment and up to 2–3 GW…
EPCG discloses €333m legacy renewable payments, showing how long-term tariff gaps can outlast support policies
Montenegro’s state utility Elektroprivreda Crne Gore says it has paid €333 million to “privileged” renewable producers under older incentive schemes, with costs largely flowing through the…
Airports and Energy: Deciphering Montenegro’s Economic Transition for Investors
Montenegro is navigating a pivotal moment in its economic progression, particularly against the backdrop of EU accession. For investors...
50% Electricity Price Discount in Pljevlja: Implications for Montenegro’s Energy Sector
Elektroprivreda Crne Gore (EPCG) has implemented a significant 50 percent discount on electricity prices for households in the municipa...
Izazovi u poslovanju Elektroprivrede Crne Gore
Elektroprivreda Crne Gore (EPCG) suoÄŤava se sa novim izazovima koji iz temelja menjaju njen poslovni model. Tradicionalno fokusirana na...