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Undersea power cable to transform MNE into a renewable energy hub

Thanks to an undersea power cable, Montenegro managed to link the Western Balkans (WB) and the European Union (EU) and thus directly entered the electricity market, which would positively affect the electricity price paid by consumers, the Dean of the Faculty of Electrical Engineering of the University of Montenegro, Mr Saša Mujović, told in an interview with Dnevne Novine daily.

He pointed out to the fact that the Electric Power Company of Montenegro, EPCG, has been the only electricity supplier in MNE so far, but now the circumstances have changed.

“The so-called deregulated electricity market is being created, where as an end-consumer, you will be able to choose from whom you will buy the electricity. One of the powerful mechanisms for entering that market is precisely the undersea power cable,” said Mujović.

He emphasized that we were going to feel the benefits of the undersea cable immediately, as its co-owner is the Montenegrin Electric Transmission System, CGES.

In addition, a space for the new energy suppliers is to open and every consumer (household) will have the right to choose his preference.

“Of course, in choosing the supplier, the quality and price of the electricity offered will be of crucial importance,” Mr Mujović noted.

 

 

 

 

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