Electricity in Montenegro: An overview of costs, tariffs and energy sources
Montenegro, a small but scenic country on the Adriatic, has made considerable progress in the energy sector in recent years. In this blog article, we take a detailed look at electricity costs and tariffs, the state company that bills for electricity, the origin of electricity and developments in the field of renewable energies. We also look at the country’s electricity exports and their significance for the region.
Electricity costs and tariffs in Montenegro
Electricity costs in Montenegro vary depending on consumption and the tariff structure. In general, electricity prices in Montenegro are moderate compared to many other European countries. The tariffs for households and companies are staggered and based on consumption. There are different tariff levels depending on the time of day and total consumption.
The main tariffs are:
- Daily rate:
This tariff applies during peak usage times during the day, typically from 7 am to 11 pm. The daily tariff is approx. 0.09 € per kWh. - Night tariff: This tariff applies during the night, from 11 p.m. to 7 a.m. The night tariff is approx. 0.05 € per kWh.
In comparison, electricity prices in Germany are significantly higher. Here is a comparison table of the electricity costs in the different tariffs:
| Tariff | Montenegro (€/kWh) | Germany (€/kWh) |
|---|---|---|
| Daily rate | 0.09 | 0.32 |
| Night tariff | 0.05 | 0.28 |
The tariffs are set and regularly reviewed by the state regulatory authority in order to keep costs fair and transparent for consumers.
The state-owned company: EPCG
The electricity company of Montenegro, Elektroprivreda Crne Gore (EPCG), is the state-owned company responsible for the billing and distribution of electricity in the country. EPCG plays a central role in the Montenegrin energy sector and ensures a reliable supply of electricity to the population and industry.
EPCG is also involved in the production of electricity and operates several power plants in the country. The company is striving to improve energy efficiency and increase the proportion of renewable energies in the energy mix.
Origin of the electricity in Montenegro
Montenegro obtains its electricity from a combination of sources, with hydropower playing the most important role. The country has numerous rivers and watercourses that are ideal for generating electricity from hydropower plants. The country’s largest hydropower plants are located on the Piva and Zeta rivers.
In addition to hydropower, Montenegro also uses thermal power plants, which are mainly coal-fired. These power plants contribute to the stability of the energy system, especially during periods of high energy demand or low hydropower production.
Export of self-generated electricity
Montenegro is not only able to cover its own energy needs, but also exports surplus electricity to neighboring countries. The main customers include Serbia, Bosnia and Herzegovina and Croatia. The export of electricity plays an important role for Montenegro’s economy, as it generates additional income and strengthens regional cooperation.
Renewable energies in Montenegro
Montenegro has made considerable progress in the field of renewable energies in recent years. The country has recognized the potential of solar energy, wind power and biomass and has developed corresponding projects.
Solar projects
Montenegro’s geographical location with many sunny days a year offers ideal conditions for the use of solar energy. Several large solar parks have been built, which contribute to electricity production and reduce dependence on fossil fuels.
Wind power
Wind power has also gained in importance in Montenegro. Particularly along the coastal regions and in the mountains, there are locations with constant and strong winds that are ideal for wind turbines. The construction of wind farms not only contributes to the energy supply, but also creates jobs and promotes regional development.
Challenges and future prospects
Despite the progress made, there are still challenges to overcome in the Montenegrin energy sector. Modernizing the infrastructure and improving energy efficiency are key tasks. It is also important to drive forward the expansion of renewable energies and at the same time reduce the environmental impact of conventional power plants.
The government has set itself the goal of significantly increasing the share of renewable energies in the energy mix. By investing in modern technologies and international cooperation, Montenegro aims to become a pioneer in the field of sustainable energy in the region.
Conclusion
Montenegro has made remarkable progress in the energy sector. The electricity costs and tariffs are fair and the state-owned company EPCG ensures a reliable supply. Through the use of hydropower, thermal power plants and the expansion of renewable energies, the country is well on the way to strengthening its energy independence and at the same time making a contribution to environmental protection.
The export opportunities for surplus electricity offer additional economic benefits and strengthen regional cooperation. With further investments and innovative projects, Montenegro has the potential to take on a leading role in the field of renewable energies in south-eastern Europe.
For consumers, this means that they can count on a reliable and increasingly sustainable energy supply while the country continues to pursue its ambitious goals in the energy sector. The future of the electricity market in Montenegro looks promising and it will be interesting to see how developments unfold in the coming years.
