The Pljevlja Coal Mine (RUP) has initiated a “Just Transition Plan through Business Transformation”, the first of its kind in the region, as announced by RUP Executive Director Nemanja Laković during the sixth Energy Summit “SET Trebinje 2025”.

During the introduction to the presentation titled “Just Transition through Business Transformation” at the first panel on the “Just Transition of the Energy Sector”, Laković emphasized that the Coal Mine serves as a catalyst for the economic, energy, and business growth of both Pljevlja and Montenegro.

Over the past five years, the Pljevlja Coal Mine and TPP system have generated approximately 840 million euros worth of electricity at market prices. Therefore, the conversation surrounding the potential shutdown of this system, which accounts for over 40 percent of the nation’s fundamental electricity production and employs around 1,500 individuals, is particularly delicate.

Laković noted that at various conferences and discussions regarding just transition held in recent years, there has been mention of converting megawatts of “dirty energy” into clean, renewable energy. However, in terms of transitioning jobs, there have not been any substantial proposals as yet.

As a response, RUP has proactively developed a Just Transition Plan that leverages internal resources to establish 12 new businesses based on human capacity and market needs in Pljevlja.

“Through the concept of business transformation, the company is not only launching new ventures but also enhancing existing ones to remain competitive in the market. Initiatives include construction services, the establishment of an asphalt base, and the creation of maintenance and transport units. Regarding renewable resources, RUP has prepared documentation for the Durutovići SHPP and plans to install a solar power plant with a capacity of up to 50 MW. Additionally, our geological service has trained personnel for exploratory drilling and blasting. We are also creating the conditions for the production of personal protective equipment catering to the Coal Mine, EPCG Group, and the broader market. Our laboratory is positioned to be competitive in third markets, alongside the development of IT services and network system design,” explained Laković. “I want to highlight that all these projects have comprehensive business plans and feasibility studies available, including a financing model,” continued the Mine’s executive director.

Laković pointed out an ongoing issue: no external funding has been made available for the just transition for non-EU countries, indicating that efforts to advance this transition must focus on accessing funds from accession programs for financing the mentioned projects.

Currently, RUP funds its initiatives through its own resources.

“Let us remind you that during the three working days of the Summit in Trebinje, key energy issues in the region will be addressed and debated among 1,000 participants,” concluded the statement.

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