We discussed the Kruševo hydroelectric power plant and other projects in the field of renewable energy.

Elektroprivreda (EPCG) and the French company EDF are committed to strengthening cooperation in the energy sector, especially in the development of hydropower projects that will play a key role in strengthening Montenegro's energy security and supporting the country's green energy transition.

Current and future energy projects, with an emphasis on the development of hydropower systems in Montenegro, were the topics of discussion between representatives of EPCG and EDF, with which the Montenegrin company signed a Memorandum of Understanding in the middle of last year.

"Cooperation with a renowned French partner primarily relates to the joint implementation of the Kruševo hydroelectric power plant (HPP) construction project, which is of exceptional importance for the energy sector of Montenegro," EPCG announced.

The Kruševo HPP project, with an installed capacity of 82 megawatts (MW) and an estimated annual production of 170 gigawatt hours (GWh), represents a strategic investment that will strengthen the energy system of Montenegro. Based on the Study on the Utilization of the Hydropower Potential of the Piva River, adopted in 2023, the Kruševo HPP was recognized as the optimal solution for the valorization of water resources at an upstream location entirely on the territory of Montenegro," the statement added.

Both parties are satisfied with the activities on the project so far, where, at the end of November last year, a contract was signed with the renowned Water Management Institute "Jaroslav Černi" from Belgrade for the development of the project and the performance of detailed geological works.

The need for the formation of a Coordination Body was highlighted, consisting of representatives of the Montenegrin Government, relevant ministries, EPCG and EDF, which would monitor the progress of this project and ensure efficient coordination of all parties involved.

"One of the key topics of the meeting was the exchange of experiences in the development and implementation of battery electric storage systems, which both companies are involved in, and after their implementation, the conditions for storing electricity, balancing the system and making a significant contribution to better valorization of energy from renewable energy sources (RES) will be created," EPCG said.

Also, representatives of EPCG informed the guests about the Ministry of Energy's plan to develop a study regarding the analysis of Montenegro's water potential, which would serve as a basis for the planned construction of hydroelectric power plants in the future.

The interlocutors highlighted the positive trend in the energy sector and discussed how the merger of EDF and EDF Renewable will simplify the organization and contribute to more efficient project implementation.