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MONTENEGRO
Energy Regulatory Agency of the Republic of Montenegro (ERA) |
country map
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| Key Statistics (2009) |
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Population |
645,000 |
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GDP/Capita |
EURO 4,908 |
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Generation |
2.679 GWh/year |
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Electricity Market Size |
3.720 GWh/year |
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Surplus Installed Capacity over Demand |
No |
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Net Electricity Importer |
1.050 GWh |
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Natural Gas |
No natural gas. Neither production nor facilities | |
| Summary |
- Established in January 2004.
- 19 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.
- Financed from licence fees collected from license holders.
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| Industry and Market Structure |
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Electricity Market Structure
- In 2009 from vertically integrated JSC Elektroprivreda was separated that far functionally unbundled activity of transmission, and founded a completely independent JS Company Prenos. The Prenos AD was issued three licences: The licence for transmission network, the licence for TSO and the licence for MO. It is expected to have these three activities functionally unbundled in due time. The state owns around 71,00% of the Prenos AD shares. The rest is owned by private entities.
- The Elektroprivreda AD remained one vertically integrated electricity subject with three functionally unbundled activities: generation, distribution and supply. In course of the 2009. the company A2A became owner of 43.7% of the Elektroprivreda shares. The State of Montenegro remained major stockholder with 55% stock share.
- Electricity market was opened on 01. January 2009. for all consumers except households. The regulator has adopted all the bylaws necessary for its function. In 2009. formal market opening was 67.5%, but there was no consumer switching. Only by the end of the year applied one which was duly issued trading licence and supplying licence. Judging by its business plan, there is chance to have first switchings in 2010.
- Complete market opening (with households) is planned for 01. January 2015. as agreed in the Energy Community Treaty for South East Europe.
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| Contact |
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Bulevar Svetog Petra Cetinjskog 96, 20000 Podgorica, Montenegro
Tel. (382 20) 229 615, 229 616, Fax: (382 20) 229 755, E mail: regagen{.}co.me
Internet: http://www.regagen.co.me
http://www.erranet.org/AboutUs/Members/Profiles/Montenegro |
