Montenegro’s industry shows steady energy consumption

Montenegro’s industry shows steady energy consumption

Shorouk Express Oil&Gas Materials 5 July 2025 00:39 (UTC +04:00) Montenegro’s latest energy statistics reveal the country’s heavy reliance on oil products and lignite for transport and electricity generation, alongside steady use of biomass sources like firewood and wood pellets. The data, released by the national Statistical Office, highlights consumption trends across sectors…

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EBRD approves €35M loan to modernize Montenegro’s energy sector

EBRD approves €35M loan to modernize Montenegro’s energy sector

Shorouk Express BAKU, Azerbaijan, January 27. The European Bank for Reconstruction and Development (EBRD) has approved a loan of up to 35 million euros to Montenegro’s Crnogorski Elektrodistributivni Sistem (CEDIS) to modernize the country’s energy sector, Trend reports. This financing will help implement a new SCADA system, an advanced distribution management system (ADMS), and install…

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