Montenegro gives up building second unit at coal-fired plant, will focus on renewable energy

Montenegro gives up building second unit at coal-fired plant, will focus on renewable energy
By bne IntelliNews September 18, 2019

Montenegro’s government has given up building a second unit at its coal-fired Pljevlja power plant and will focus on development of renewable energy sources, Prime Minister Dusko Markovic said as quoted by Portalanalitika.me on September 18.

Previously, construction of the second unit at the Pljevlja TPP was among Montenegro’s top priorities despite concerns about its viability.

“We have given up the valorisation of a large coal deposit in the Pljevlja area for the construction of the second thermal plant, although this is a large investment and brings a big number of jobs,” Markovic said.

He added that the government chose instead to invest in sustainable development and environment protection and is spending €50mn to upgrade areas that cause pollution.

Environmental pressure group Bankwatch has warned that Pljevlja II was among ten coal-fired power plant projects across the Western Balkans that are facing serious financial problems as they have not taken carbon costs properly into account.

Despite these concerns, Montenegro had even picked a company to build the new plant, but faced issues finding financing.

Related Articles

Erdogan says Turkish military units moving to Libya “right now”

Turkey’s President Recep Tayyip Erdogan said on January 5 that Turkish military units had started moving to Libya. They would support Fayez al-Serraj’s internationally-recognised Government of ... more

Armenia looks to Iran to enable gas swap deal with Turkmenistan

Armenia is negotiating a purchase of natural gas from Turkmenistan as part of a gas swap deal with Iran, Sputnik reported on December 18. Such a use of the swap system indicates that the Turkmen ... more

Greece expels Libyan ambassador in row over maritime boundaries deal with Turkey that ignores Crete

Greece said on December 6 it was expelling the Libyan ambassador as an expression of its anger over an ... more

Dismiss