He attended the signing Prime Minister of Montenegro Milojko Spajić, whose presence further confirms the strategic importance of this document for the future development of the energy sector of Montenegro and the direction in which EPCG is moving towards green transition and sustainable growth.
The Executive Director of EPCG, Ivan Bulatović, emphasized that this Memorandum represents an important step towards the energy transition and modernization of the production system, especially in the context of the operation of the Pljevlja Thermal Power Plant:
"The signing of this Memorandum confirms EPCG's commitment to actively participate in the decarbonization and modernization of production capacities. By partnering with E2S Power, we are opening up the possibility of applying advanced technologies that will enable more efficient use of energy and reduction of CO₂ emissions," said Bulatović.
The CEO of E2S Power AG, Dr. Saša Savić, expressed his satisfaction with the start of cooperation with EPCG and highlighted Montenegro's potential to become an example of a successful energy transition in the region:
"Our thermal energy storage technology TWEST provides concrete solutions for the decarbonization of thermal power plants and the stabilization of power systems that increasingly rely on renewable sources. We believe that cooperation with EPCG will contribute to the achievement of Montenegro's goals in the field of energy efficiency and climate neutrality," said Savić.
E2S Power AG is a global leader in the field of long-term storage of thermal energy at high temperatures, with its own patented TWEST (Thermal Waste to Energy Storage Technology) technology.
( EPCG )
