Montenegro: In 2020, RES incentives amounted to 14.27 million euros

23. October 2020. / SEE Energy News

In the first nine months of 2020, the Montenegrin incentives for the production of electricity from renewable sources amounted to 14.27 million euros, 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 47.1 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 6.86 million euros. The second wind farm in the country – Mozura, which was commissioned last October, received 4.46 million euros, while the remaining sum was paid to small hydropower plants (SHPP) and solar operators. Total RES electricity production in the first nine months of 2020 amounted to 290.9 million kWh, of which Krnovo wind farm produced 134.2 million kWh and 92.3 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 856,000 euros, Kronor received 620,000 euros for SHPPs Jara and Babino Polje, Hidro Bistrica received 302,000 euros for electricity produced at SHPP Bistrica, Igma Energy received 234,000 euros for SHPPs Bradavec and Pisevska Reka, Synergy was paid 116,000 euros for SHPP Vrelo and Nord Energy 123,000 euros for SHPP Seremet Potok, and Simes Inzenjering received 52,000 euros for SHPP Ljevak.

Small Hydro Power Mojanska received 316,000 euros for its three SHPPs (Mojanska 1, 2 and 3) and Small Hydro Power Kutska received 152,000 euros for its two SHPPs – Kutska 1 and 2. The operators of five solar power plants received a total of around 153,000 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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