Montenegro: RES incentives in 2020

, SEE Energy News

In 2020, the incentives for the production of electricity from renewable sources amounted to 19.42 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 52.2 million euros was paid to eligible producers since. In 2020, the largest share was received by the country’s first wind farm Krnovo, which was commissioned in November 2017, about 9.23 million euros. The second wind farm in the country – Mozura, which was commissioned in October 2019, received 6.09 million euros, while the remaining sum was paid to small hydropower plants (SHPP) and solar operators. Total RES electricity production in 2020 amounted to 396.3 million kWh, of which Krnovo wind farm produced 180.7 million kWh and 126.2 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 1.08 million euros, Kronor received 695,000 euros for SHPPs Jara and Babino Polje, Igma Energy received 536,000 euros for SHPPs Bradavec and Pisevska Reka, Hidro Bistrica received 299,000 euros for electricity produced at SHPP Bistrica, Synergy was paid 100,000 euros for SHPP Vrelo and Nord Energy 156,000 euros for SHPP Seremet Potok, and Simes Inzenjering received 75,000 euros for SHPP Ljevak. Small Hydro Power Mojanska received 528,000 euros for its three SHPPs (Mojanska 1, 2 and 3) and Small Hydro Power Kutska received 260,000 euros for its two SHPPs – Kutska 1 and 2. The operators of five solar power plants received a total of around 178,000 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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