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MONTENEGRO
Energy Regulatory Agency of Montenegro (ERA) |
country map
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| Key Statistics (2007) |
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Population |
645,000 |
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GDP/Capita |
€3,440 |
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Generation |
2.800GWh/year(1.725 HPP, 1.075 TPP) |
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Electricity Market Size |
4.500 GWh/year |
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Surplus Installed Capacity over Demand |
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Net Electricity Importer |
1.700 GWh |
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Natural Gas |
No natural gas. Neither production nor facilities | |
| Summary |
- Established in January 2004.
- 17 staff members. The presiding of the board is appointed each year among the three members of the board. Their mandate is 4 + (4) years. Montenegrin parliament appoints the members of the board. Director and deputy director are appointed by the board and their mandate lasts 4 + (4) years.
- ERA regulates electricity and liquid fuels. It supervises energy undertakings and establishes rules and regulations. Its responsibilities include electricity tariff setting, price setting of coal for production of electricity, licensing, protection of consumer and investor interests and regulation of access to the transmission and distribution grids.
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| Industry and Market Structure |
- There is one vertically integrated electricity subject (EPCG). By the end of 2005 it was financially and functionally unbundled into four subjects: generation, transmission, distribution and supply. The Energy Law left to the Agency decision on the terms for legal unbundling. The state owns 71,00% of the EPCG shares. Private entities own about 12% and the rest own 5 privatization funds. Generation consists of two HPP, one TPP and seven small HPP. The TPP and five SPP are planned for privatization within this year.
- The electricity market is in stage of establishing. It is expected within this year (2008) to have it opened for a number of non-household consumers. There have already been some signs of market: direct consumers (110kV) purchase one third of their electricity abroad by themselves. The EPCG purchases for tariff consumers one third of their consumption from abroad too. Until the Agency determines that competitive market for electricity exists, generators are obliged to supply tariff customers only.
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| Contact |
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Svetog Petra Cetinjskog 96, 81000 Podgorica, Serbia & Montenegro, Tel.: (381 81) 201 360, Fax: (381 81) 201 365, E mail regagen@cg.yu, Web-site: http://regagen.cg.yu |
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Laws
Org. Chart of ERA
Annual Report
Grid Code
License
Methodology
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