Wind Farm in Montenegro Operational by End of November

By , 26 Nov 2018, 10:24 AM Business
Wind Farm in Montenegro Operational by End of November Copyrights: pixabay.com

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25 November 2018 - There are significant advantages in using wind energy, which explains why it's one of the fastest-growing energy sources in the world. As an alternative to burning fossil fuels wind farm and its power is plentiful, renewable, widely distributed, clean, produces no greenhouse gas emissions during operation, consumes no water, and uses little land. Montenegro has recognized the benefits of wind power and decided to invest in a capital-intensive project of building the necessary station infrastructure.

After two years of construction of 23 windmills with 46 MW power, worth 40 million EUR on the hill between Bar and Ulcinj, Možura wind farm will begin producing electricity by the end of this month as part of the country’s efforts to cut greenhouse gas emissions and meet the renewable energy standards of the European Union it aspires to join.

Speaking in a morning TV show of the public broadcaster RTCG, Minister of Economy of Montenegro Dragica Sekulić said that the Možura wind power plant is going to be operational by the end of this month, which will, according to her, significantly contribute to the stability of the electricity supply throughout the country. “According to the information we obtained from the investor, we expect the Možura wind power plant to be tested by the end of November,” emphasized Sekulić.

As the Minister explained during the interview, in 2016, Montenegro produced an output of 4 billion EUR, while a year later the economic growth accounted for 4,7%. In 2018, Montenegro also recorded an increase in its domestic product. Any production significantly contributes to economic growth, which is why it is especially crucial for the country to vary in methods of electricity production. The plan is for Montenegro not to depend on hydropower plants and the rainfall concerning electricity supply.

The state representatives have signed the contract in which it is stated that the purchase price of electricity produced in the wind farm would be warranted and fixed for the first 12 years of operation and would not be less than 95,99 euros per megawatt hour (MWh).

The Ministry hopes that this project, which most certainly has a safe future on the energy market, will encourage new investment in renewable sources.

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