In the end of 2018, the renewable energy fund totaled €2.02 million and this whole amount of money has been transferred to this year’s fund, it was suggested in the Business Report of the Montenegro Electricity Market Operator, COTEE, adopted by the Government of Montenegro at the latest session.
The fund has been increased by €129,272 in 2018, writes Dnevne Novine daily.
The Business Report, among other things, says there’s an increase in the share of electricity production from renewable energy sources in the total electricity production. This, according to the report, leads to the fulfillment of the national goal concerning renewable sources.
Montenegro for the first time produced enough electricity from renewable sources from 24 May to 2 June this year, and thus, according to the govt, joined a small number of cities that could claim they managed to produce all the necessary electricity from domestic renewable sources. In that period, when the Thermal Power Plant Pljevlja was out of order, it was produced around 82 million kWh of electricity, while 75 million kWh was spent.
