Montenegro’s energy sector holds significant potential but also faces key challenges, according to Minister of Energy and Mining Admir Šahmanović. He emphasized that institutional support, including from the European Bank for Reconstruction and Development (EBRD), reinforces Montenegro’s credibility as a reliable partner.
Šahmanović noted that the sector’s challenges require responsible and decisive solutions. Limited capital necessitates careful balancing between domestic resources, international loans, and strategic partnerships. EU integration adds further pressure, demanding accelerated transition, investment in renewables, grid modernization, digitalization, and stronger regulatory frameworks.
Efforts are underway to prepare Montenegro for integration into the European single energy market while maintaining supply security and system stability. Šahmanović acknowledged that 2025 has been particularly challenging for Elektroprivreda Crne Gore (EPCG), due to the ecological reconstruction of the Pljevlja Thermal Power Plant and significant investments.
He highlighted EPCG’s ongoing projects, including the Gvozd wind farm, solar capacity expansions, and battery storage systems, as evidence of the company’s vision and commitment to energy transition. EPCG has maintained stable operations, preserved control over key resources, and engaged international partners, aiming for long-term sustainability, competitiveness, and security.
Strategic infrastructure projects, such as the Italy market coupling cable, are expected to enhance system security, increase export capacity for renewable energy, and strengthen Montenegro’s position in the regional energy market. The first cable has already demonstrated its value, with the second set to multiply its benefits.
Šahmanović stressed that support from institutions like EBRD is not just financial; it also brings expertise, experience, and validation of Montenegro’s reliability as a partner. Interest from EDF in hydro projects, including Komarnica and Kruševo, underscores the European significance of Montenegro’s energy initiatives, though environmental approvals remain a strict prerequisite.
Battery storage systems are central to balancing renewable-based grids, enabling energy storage and increasing network flexibility, which Šahmanović said will be strongly supported and accelerated.
Finally, Montenegro’s draft green hydrogen strategy for 2025–2030 is currently under public consultation, with adoption expected by year-end. Hydrogen is seen as a key future energy source, offering opportunities for innovation, investment, and job creation, positioning Montenegro as a regional pioneer in energy transition.
