Montenegro’s priority was and remains the production of renewable, i.e. clean energy, because the country has a significant potential of renewable sources, such as hydro potential, solar energy, wind potential and biomass, announced the Ministry of Capital Investments.
The State Secretary in the Ministry, Admir Šahmanović, is at the conference on energy and renewable energy sources in the Western Balkans region, which opened today in Tivat, that Montenegro strives to fulfill its obligations from the agreement on the Energy Community and contributes to the development of the regional energy market and its integration into the energy market of the European Union (EU).
In accordance with such determination, the goal of the Government is to create conditions for more intensive use of domestic energy potentials, especially renewable ones.
“We want to turn climate and environmental challenges into our opportunities and competitive advantages, by ensuring a fair and inclusive transition towards climate neutrality”, said Šahmanović, presenting some of the projects that Montenegro is developing and implementing.
Bearing in mind that hydro potential is the most important energy resource of Montenegro, Šahmanović reminded that in the previous period they worked on the implementation of projects for the construction of small hydro power plants and the creation of conditions for the construction of the Komarnica hydro power plant.
“In order to diversify energy sources and utilize the available wind potential, the Krnovo and Možura wind farms were built and put into operation in recent years, and activities are underway to implement the construction projects of the Gvozd and Brajići wind farms“, said Šahmanović.
Projects aimed at utilizing the solar potential, which Montenegro also abounds in, have also been launched.
“As the most significant, I would mention the Briska Gora solar power plant construction project and the Solari 3000+ and Solari 5000+ projects.” “Also, recently investors have expressed great interest in the construction of solar power plants and wind power plants in Montenegro”, Šahmanović said.
He reminded that the Day-ahead electricity market has started functioning in Montenegro and that intensive work is being done to create the conditions for connecting the national market with the markets of neighboring countries.
“In accordance with its priorities in the field of energy, Montenegro will continue activities to ensure safe energy supply, development of a competitive energy market and sustainable energy development, with active cooperation with everyone who has the same goals”, said Šahmanović.
He assessed that the event in Tivat is a good opportunity for representatives of the countries of the Western Balkans, energy companies, international institutions, as well as foreign investors, to consider the possibilities of cooperation and investment in renewable energy sources in the Western Balkans region, with the aim of accelerating the green energy transition.
According to Šahmanović, Montenegro is determined to become a member of the EU and is persistent on that path, with the desire that all neighbors from the Western Balkans will be part of the Union in the near future.
“We are committed to European values and ready to provide our full contribution to the achievement of our common political, security and economic interests”, said Šahmanović and added that as a member of the Energy Community and a candidate for EU membership, Montenegro has the obligation to implement the Union’s regulations from the fields of energy and environmental protection.
In addition, the goals of Montenegro in the field of energy coincide with the goals of the EU and the Energy Community, namely increasing the security of energy supply, attracting investments for the construction of new production and transmission energy facilities, increasing the use of renewable energy, improving energy efficiency and developing market competition. while improving the ecological situation.