Energy Market Actors
Electricity Market
Structure of Power Sector
Before the Balkan conflicts (until 1990), Montenegro had a modern electricity system and exported electricity to neighbouring countries.
After these events the electricity system has lost this capacity, as well due to one additional reason – the lack of operation and maintenance of the system. This resulted in a negative electricity balance, i.e. higher electricity demand than production.
The power sector in Montenegro, upon deployment of deregulatory processes, operates via two enterprises:
FC PRENOS EPCG – Transmission Operator TSO-EPCG
This is a temporary status of this entity, and waiting for deregulatory process upon which it will be a legislatively separate enterprise.
Main activities:
- Electric energy transmission
- Transmission system control
- Organization of electric energy market
Electricity utility “Elektroprivreda Crne Gore” is a joint-stock company with the following main business activities:
- Electricity production
- Transmission and distribution
- Managing of electricity system
- Sale
"Elektroprivreda Crne Gore" runs its business in accordance with the Montenegrin Energy Law.
In 1999, it has been transformed from a state owned company into a joint-stock company, with a gross capital of € 907.036.354.
At present, there is a process of jurisdictional and functional split of entities within the energy sector in favour of expediting free market competition. (In accordance to Athens Memorandum on Understanding, 2002 and 2003).
The total (net) capacity of EPCG's electric power generating facilities is 868 MW. In 2004, it produced 3185.7 GWh.
Oil and Gas Market
Oil
Oil market is organized through oil distributing companies. Demand is covered from import.
Gas
Demand is covered from import.
Coal Market
Plevlja, lignite mine, supplies EPCG needs. No available information sources on balances.
