Montenegro: First five months of 2020 – RES incentives to 9.54 million euros

29. June 2020. / SEE Energy News

The incentives for the production of electricity from renewable sources amounted to 9.54 million euros in the first five months of 2020, according to the data published by Montenegrin electricity market operator COTEE.

The current support scheme for inciting electricity production from renewable sources started in May 2014 and 42.3 million euros was paid to eligible producers since. In 2020 so far, the largest share was received by the country’s first wind farm Krnovo, which was commissioned in November 2017, about 4.7 million euros. The second wind farm in the country – Mozura, which was commissioned last October, received 2.7 million euros, while the remaining sum of 2.14 million euros was paid to small hydropower plants (SHPP) operators.

Total RES electricity production in the first five months of 2020 amounted to 195.08 million kWh, of which Krnovo wind farm produced 91.8 million kWh and 57.5 million kWh was produced by Mozura wind farm. Among the owners of small hydropower plants under the support scheme, Hidroenergija Montenegro, which operates SHPPs Bistrica, Jezerstica, Orah, Rmus, Spaljevici and Sekular received around 687,000 euros, Kronor received 407,000 euros for SHPPs Jara and Babino Polje, Hidro Bistrica received 178,000 euros for electricity produced at SHPP Bistrica, Igma Energy received 278,000 euros for SHPPs Bradavec and Pisevska Reka, Synergy was paid 65,500 euros for SHPP Vrelo and Nord Energy 96,500 euros for SHPP Seremet Potok, and Simes Inzenjering received 43,000 euros for SHPP Ljevak.

Small Hydro Power Mojanska received 145,000 euros for its three SHPPs (Mojanska 1, 2 and 3) and Small Hydro Power Kutska received 99,000 euros for its two SHPPs – Kutska 1 and 2.

The operators of three solar power plants received a total of around 70,000 euros in RES incentives for their electricity production. The fee for the promotion of electricity production from renewable energy sources was last increased by almost 100 % in the beginning of 2019, from 0.4731 to 0.9439 eurocents per kWh. For consumers with monthly consumption lower than 300 kWh, the fee is paid by the Government through the coal tax.

 

 

 

 

 

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