energy transition montenegro

Roadmap

The Roadmap - Towards the Circular Economy in Montenegro aims to steer the transition to a circular economy in Montenegro. It is based on systemic thinking and outlines the main drivers, horizontal and priority …

New Era in Energy Development in Montenegro | SSA-POWER

This study will pave the way to a new chapter in Montenegro''s energy transition, in which SS&A and EPCG will work on the development of the power generation infrastructure. SS&A Power Consultancy will develop a study to set EPCG on a path to modernize Montenegro''s electricity infrastructure, reduce CO2 emissions, and establish goals for ...

Transition Report 2023-24: Country assessments

• The country would benefit from accelerating the pace of green transition. The National Energy and Climate Plan (NECP), set to govern Montenegro''s energy transition, and …

Montenegro to invest 1 bln euros in boosting renewable energy

Montenegro''s majority state-owned power utility plans to invest about 1 billion euros ($1.1 billion) over the next five years to boost renewable energy output to …

Montenegro: small country with big ambitions for its energy transition

The Balkan country on the Adriatic Sea has one coal-fired power plant which provides half of the country''s electricity – and in turn, 80-90% of its C02 emissions, according to Montenegro''s energy minister Marko Perunovic. "To be able to achieve the goals and targets of the energy transition we need to supplement this coal plant with ...

Montenegro''s energy transition: A path to economic opportunity

Prime Minister Spajić underscored the country''s abundant solar energy and ongoing investments in wind farms. Prime Minister Milojko Spajić highlighted the significant potential of Montenegro''s energy transition during a meeting with Germany''s Vice Chancellor and Federal Minister for Economic Affairs and Climate Protection, Robert …

Barometer of Sustainable Energy Transition – how prepared is …

A vision of Montenegro''s energy transition. Managing the energy transition successfully and efficiently requires, first and foremost, a clear vision of the …

Montenegro | EBRD TR 2023

The state-owned electricity company, Elektroprivreda Crne Gore (EPCG), is undertaking its first utility-scale renewable energy investment. A new 55 MW onshore wind farm near the village of Gvozd in the Nikšić municipality will help the company to accelerate its decarbonisation plan and the country with its broader energy transition.

Dialogue to just transition in Montenegro

On behalf of the Center for Climate Change, Natural Resources and Energy UDG, director Ivana Vojinović, presented our Center and the project "Dialogue to a just energy transition in Montenegro", which is supported by the Ministry of Capital Investments, and all as part of the "Dialogue for Just Transition" conference in …

Just transition

Just transition has become more cost-effective today due to the global increase in renewable energy technologies during the past decade. Nevertheless, this process is not easy and cannot be completed overnight or in a year, most likely not even in five years. Yet, if we start now, we will have time to work our way through systematic …

World Energy Transitions Outlook 2023

2. 3. Limiting global warming to 1.5°C requires cutting carbon dioxide (CO₂) emissions by around 37 gigatonnes (Gt) from 2022 levels and achieving net-zero emissions in the energy sector by 2050.

EIB Global visits Montenegro, pledging support for the green …

Markus Berndt reaffirms EIB Global''s commitment to financing and supporting Montenegro''s green transition towards a carbon-neutral, sustainable …

Reports : Just Transition

No one should be left behind when we reconstruct our world into one driven by clean energy. Download pdf December 22, 2023 11:46 am Following the money: Estonia Dan Dobre, Maris Pedaja, Michiel Stapper This briefing provides an overview of the just transition envisioned in Estonia''s Territorial Just Transition Plan for the region …

Montenegro Highlights Key priorities for 2023

The expansion continued in 2022 with the economy growing by 7.1 per cent and 12.7 per cent year on year in the first two quarters of the year, respectively, as household consumption remained elevated but imports surged, leading to negative net exports. Household demand was supported by an 80 per cent minimum wage hike in January …

Montenegro begins public debate on Just Transition

Nikos Mantzaris spoke about the developments related to the Just Transition of lignite regions in Greece and the EU at the national conference on climate change in Montenegro, on October 27, 2020. After many years of systematic and well-documented efforts by environmental NGOs, Montenegro recently decided to cancel the construction of a …

Energy transition is development opportunity for EPCG, entire Montenegro

The energy transition brought a serious challenge for the governments in the region, but it proved to be a great development opportunity for Montenegro, as it contributed to the launch of big investment projects even in the time of the energy crisis, according to headline speakers at the EPCG Net 2023 Energy Symposium.

Montenegro''s path to energy transition and green economy: …

The Acting Director of the Investment Agency, Goran Strahinja, said that this institution is dedicated to the promotion of investments in the sector of renewable …

Montenegro

The Energy Development Strategy of Montenegro sets out objectives and defines mechanisms for the transition from the current energy system to a safe, competitive and …

REPCONS 2.0: BiH, Serbia, Montenegro not ready for successful energy transition

Bosnia and Herzegovina (BiH), Montenegro, and Serbia are not prepared to conduct the energy transition successfully and are facing a "perfect storm," a chaotic situation where transition processes are unmanageable, with unforeseeable socio-economic consequences, according to the Barometer of Sustainable Energy Transition …

Second Dialogue for Just Transition in Montenegro

Pljevlja. The National Council for Sustainable Development of the Government of Montenegro and the United Nations Development Programme (UNDP) in Montenegro are organising the "Second Dialogue for Just Transition in Montenegro" on Monday, 4 March 2024, at the Pljevlja Hotel in Pljevlja, starting at 10:00 a.m. The event, …

Respect Energy Holding and EPCG collaboration: Driving Montenegro''s renewable energy transition

"By 2030, renewables are projected to reach 50% of the country''s energy production, underscoring an unstoppable transition," Zadroga concluded. He emphasized strong support from the business community for initiatives promoting sustainability, such as green hydrogen and offshore wind farms.

Barometer of Sustainable Energy Transition – how prepared is Montenegro?

Communities leading the Western Balkans'' clean heating transition 08 May 2024 - Powering district heating networks with geothermal energy, solar thermal, or other renewable energy sources can help make large-scale heating systems efficient, cost-effective, and flexible, especially when rolled out in tandem with small-scale systems

Experts from BiH, Montenegro, Serbia start work on Barometer of Sustainable Energy Transition

In its pilot stage, during 2021, the Barometer of Sustainable Energy Transition will assess the preparedness for the energy sector transition in BiH, Montenegro, and Serbia. The Barometer will be developed by about 20 experts comprising the project''s core team and a further 80 expert representatives of all key actors in the …

Romeo Montenegro

Romeo Montenegro. He currently serves as Deputy Executive Director of the Mindanao Development Authority (MinDA), the Philippine government''s economic think tank in the island region of Mindanao. He actively pursues collaborations with the country''s power industry stakeholders and leads MinDA''s advocacy work on renewable energy …

Just Transition Leading to a More Prosperous Society

Just transition implies the process of energy sector reform in Montenegro, and especially reform of those sectors that are the biggest contributors to …

Montenegro Country Strategy

Montenegro has. run high current account deficits for many years, reaching 15% of GDP in 2019. In 2020, the deficit increased to 26% of GDP on account of the strong decline in export of services (tourism). A partial GDP rebound of 8.5 per cent is expected in 2021 (EBRD September 2020 forecast).

Montenegro''s energy transition: A path to economic opportunity

The discussion also delved into the future of the Pljevlja Thermal Power Plant, with a focus on transitioning to sustainable energy sources to ensure stability in …

Advancing a Just Energy Transition in Central Asia: Women''s Key Role in the Energy …

The OSCE study on "Advancing a Just Energy Transition in Central Asia – Women''s key role in the energy sector" analyzes – through a gender lens – the socio-economic benefits of the energy transition for the five OSCE participating States in the region. It provides specific considerations for the strategic development of an …

Montenegro''s path to energy transition and green economy: …

Director of the program for Southeast Europe at The Nature Conservancy, Dragana Mileusnić, said that Montenegro has significant potential for using wind and solar energy. – Therefore, the basic motivation for mapping the optimal locations for the construction of solar and wind power plants is to speed up the use of these forms of …

ENERGY

The workshop took place in Podgorica on 11 October 2023. It was organised by the Secretariat of the Initiative for coal regions in transition in the Western …

Montenegro leading energy transition in region

"This proves that energy transition is possible, that it is possible to stop using fossil fuels for electricity production," says Montenegro''s Economy Minister in …

Montenegro''s Green Transition | WeBalkans | EU Projects in the …

The EU energy direct budget support package for Montenegro, worth €30 million, was officially launched at a ceremony in Podgorica on March this year. These funds are being used to help the most vulnerable groups in Montenegro to cope with the higher living costs ...

How can energy transition be just to people in coal regions

Share. The energy transition cannot succeed unless it is fair and just, and the authorities must act before people leave – these are some of the takeaways from the annual meeting of the Initiative for coal regions in transition in the Western Balkans and Ukraine. The stakeholders in the process reiterated that the transformation of the local ...

EIB Global visits Montenegro, pledging support for the green transition …

A delegation from the European Investment Bank (EIB), the Bank of the European Union, and its recently established development branch, EIB Global, met the Government of Montenegro in Podgorica today. Their goal was to identify new projects and continue their successful cooperation on accelerating the country''s social and economic …

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