Vračar: There will certainly be no increase in electricity prices in 2022.

Guests in the studio Miro Vračar - financial director of EPCG, Dejan Mijović - economic analyst and minority shareholder of EPCG and Momir Škopelja - energy consultant

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Photo: TV Vijesti
Photo: TV Vijesti
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.
Ažurirano: 28.12.2021. 21:56h
Finished
21h AM

"Longer-term scenarios for the development of the energy sector should be drawn up, not just listing desirable, planned projects...", said Škopelja.

21h AM

"EPCG has been given a chance to achieve good, positive results in the long term with the disappearance of the aluminum industry. I also see big risks. If the current management and administration insist on some projects that are not profitable, if there is going to be mass employment, I think that the state, or The government should have started a serious dialogue with the management and the manager and discussed these issues. EPCG is too important a company," Mijović said.

21h AM

Vračar said that EPCG as a group "should do business with a positive result this year".

21h AM

"Hiring people in advance and not having the need for it is incomprehensible," said Mijović. 

Dejan Mijović
photo: Dušan Cicmil
21h AM

Vračar said that there were 30 more people working at EPCG on November 45 this year than on the same date last year.

"We will certainly continue to receive an even larger number of people. We plan to receive another 300 to 400 people on new projects," said Vračar.

20h AM

"Citizens should not worry about the price of electricity. There will certainly be no increase in electricity prices for now," Vračar said.

He announced that in 2022 there will be no increase in the price of electricity for citizens.

Vracar
Vracarphoto: Dušan Cicmil

He said that KAP reduced consumption by 10 times.

"We are already on the threshold of signing a new supply contract (KAP) under the existing Cieman," said Vračar.

20h AM

"With the closure of KAP, a huge amount of energy is released. EPCG will be in a position to earn tens and perhaps hundreds of millions of euros, to have surpluses and profits," said Mijović. 

20h AM

Mijović said that Thermal Power Plant Pljevlja "practically works illegally".

"It violates the directives of the European Union. It is not necessary for us to invest 70 million euros in reconstruction now, so that we continue to be in violation," said Mijović.

20h AM

"Montenegro has only three facilities of higher power - two hydroelectric power plants and one thermal power plant. The outage of any plant would mean a reduction in production capacity and numerous problems," Škopelja said.

Momir Shkopelja
photo: Dušan Cicmil
20h AM

Vračar said that the ecological reconstruction of the Thermal Power Plant is delayed, but that it is a reliable producer of electricity.

20h AM

Global electricity price movements will take time and will not stabilize quickly. These prices that are now will stabilize at a lower level, but they will also be higher than before precisely because of the deficit, Mijović assessed. 

He added that "we should not be afraid that Montenegro will run out of electricity".

"Provided that the existing capacities, first of all I mean the Thermal Power Plant, will work," said Mijović.

20h AM

The energy crisis is of a global nature and is influenced by global players, said Vračar.

"Rising electricity prices are a reminder of how dependent Europe is on fossil fuels and that it must turn to renewable energy sources as soon as possible," said Vračar.

Reflector
photo: Dušan Cicmil

He added that in moments of unpredictable growth on the market, EPCG is a "tough company even though it has been neglected for years".

"Regardless of the crisis, EPCG maintained the existing prices, and this is due to the management and management of accumulations and contracted amounts of electricity on time," Vračar said.

20h AM

Vladimir Čađenović did not come to Reflektor due to health problems, and Nikola Rovčanin did not come because of a death in the family.

19h AM

Guests in the studio Nikola Rovčanin - executive director of EPCG, Vladimir Čađenović - executive director of CEDIS, Dejan Mijović - economic analyst and minority shareholder of EPCG and Momir Škopelja - energy consultant.

Bonus video: