Electric Power Industry of Montenegro (EPCG) launches a project worth nearly EUR 50 million – Plans include the procurement of two modern electricity storage systems.
The Board of Directors of the Electric Power Company of Montenegro (EPCG) has approved the initiation of a tender process for the procurement of two Battery Energy Storage Systems (BESS). The total investment is estimated at nearly €50 million. Each unit will have a capacity of 30 MW and 120 MWh, providing a combined storage capacity of 240 MWh.
According to the company, this decision marks one of the most significant steps in EPCG’s recent history and a major milestone in the modernization of Montenegro’s power system. The acquisition of these systems will enable more stable electricity supply, more efficient grid management, and faster integration of renewable energy sources such as solar and wind.
- In recent years, EPCG has actively pursued renewable energy projects, positioning itself for a transition toward a more modern and sustainable energy mix, in line with European and global trends, the company stated.
BESS technology plays a crucial role in this transition. It enables surplus electricity—generated during periods of low consumption or lower market prices—to be stored and used later, when demand and prices are higher. This not only leads to cost savings and additional revenue but also enhances EPCG’s control over its production assets.
Moreover, battery systems reduce the need for expensive electricity imports during peak demand periods and optimize the performance of existing power plants. As such, they are vital for both energy security and economic efficiency.
A key advantage of BESS is its rapid response capability in the event of sudden changes in the grid—whether due to excess energy or increased consumption—contributing to overall system stability and reliability.
- Montenegro has significant potential for solar and wind energy production, but these sources are intermittent by nature. Battery storage addresses this challenge by enabling energy to be stored and dispatched when needed. This facilitates the faster and smoother integration of new renewable energy projects while maintaining grid stability, EPCG added.
Additionally, these systems act as backup reserves in the event of failures or outages, further improving supply security for households and businesses. Reduced reliance on electricity imports also strengthens Montenegro’s energy independence.
As the European energy market continues to liberalize and digitalize, flexible systems like BESS will be essential to developing smart grids, modernizing electricity markets, and enabling new services that improve overall system efficiency. Through this project, EPCG is reinforcing its leadership position in the region and preparing for the challenges ahead.
- By launching this tender, EPCG is demonstrating its commitment to sustainable development, modern technology, and strengthening Montenegro’s energy security. The implementation of this project places our country among those adopting the most advanced energy technologies, the company concluded.
Source: Ekapija