Montenegro Renewable Energy Fund Over 2 Million EUR in 2019

By , 07 Oct 2019, 16:44 PM Lifestyle
Montenegro Renewable Energy Fund Over 2 Million EUR in 2019 Copyrights: Pixabay

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07 October 2019 - At the end of 2018, the renewable energy fund totaled 2,02 million EUR, 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, adopted by the Government of Montenegro at the latest session.

The renewable energy fund in Montenegro was additionally increased by 129.272 EUR in 2018, reports Cafe del Montenegro.

The Business Report, among other things, says that there is an increase in the share of electricity production from renewable energy sources in 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 Government of Montenegro, 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 produced around 82 million kWh of electricity, while 75 million kWh was spent.

Read more news about lifestyle in Montenegro at TMN's dedicated page.

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