The European Bank for Reconstruction and Development (EBRD) has approved a €35 million loan to the Montenegrin electricity distribution system (CEDIS) for the implementation of a new SCADA/ADMS system (Advanced Distribution Management System) and the procurement of new multifunctional meters.
According to a statement from CEDIS, this project will also utilize a €5 million grant from the EU Investment Framework for the Western Balkans.
The SCADA system will enable the real-time monitoring and control of the medium-voltage distribution network, while the ADMS platform optimizes the management and operation of the electricity distribution system. “Smart” meters will allow users to more efficiently track and manage their electricity consumption, reducing losses and improving reliability. The project is expected to contribute to a 10% reduction in technical losses compared to the current level of losses in the distribution system, as well as reduce power outages by approximately six times. It will also enable the integration of new renewable energy sources into the grid and enhance cybersecurity. The replacement of the existing distribution management system will ultimately improve the quality of life for the population and optimize CEDIS’ operations. This loan will further support the introduction of “smart” meters in line with European and European Energy Community standards.
The financing agreement was signed by Remon Zakaria, EBRD Head for Montenegro, Vladimir Ivanović, Executive Director of CEDIS, and Ivan Bulatović, Executive Director of Elektroprivreda Crne Gore. Zakaria emphasized that this project marks a significant step forward in the digitalization of Montenegro’s electricity distribution system, contributing to increased reliability and efficiency, as well as paving the way for the integration of renewable energy sources.
“This will provide citizens of Montenegro with more reliable electricity supply, while CEDIS will benefit from a significant reduction in technical losses and the ability to quickly detect and address technical faults,” Zakaria stated.
Vladimir Ivanović, Executive Director of CEDIS, said this significant investment demonstrates their commitment to improving Montenegro’s energy infrastructure and aligning it with modern technological and environmental standards.
“The SCADA/ADMS system will enhance the way we manage the distribution network, allowing us to improve the reliability and efficiency of electricity supply, reduce energy losses, and enhance service quality for all our users. Additionally, with the ‘smart’ meters, users will have numerous benefits, such as detailed monitoring and optimization of consumption, leading to energy savings and improved energy efficiency,” Bulatović added.
The project not only strengthens CEDIS’s operational function but also supports Montenegro’s broader energy transition goals, enabling the integration of renewable energy sources and aligning with the EU’s green transition standards.
“We greatly value the strong and productive collaboration with the EBRD, whose support has been crucial in achieving this strategic milestone. Together, we are setting benchmarks for modern energy solutions and laying the foundation for a more sustainable and resilient energy future,” concluded Bulatović.
