PHOTO: Freepik / Evening_tao

Elektroprivreda Crne Gore (EPCG) is projected to require approximately 70 million euros for imports next year, as it faces significant challenges, particularly due to an anticipated eighth delay in the operational schedule of the Pljevlja thermal power plant, according to statements made at the company’s annual conference.

Milutin Djukanovic, the President of EPCG’s Board of Directors, announced plans to initiate the Solari 5000+ project, which will allow residents to install solar energy systems on their apartment balconies, as reported by eKapija and the mining agency.

This year, EPCG is expected to close with a favorable financial outcome; however, in 2025, it will encounter a 40% reduction in available energy capacity due to production issues at the Pljevlja plant, necessitating imports costing around 70 million euros.

Due to environmental upgrades and outages, the coastal mine will fail to deliver any coal this year, posing challenges for the company. Nevertheless, EPCG plans to explore alternatives to ensure the mine’s operations remain sustainable.

Additionally, a public announcement regarding the procurement of 300 MW of battery systems is anticipated in January, which will be vital for advancing renewable energy initiatives.