Montenegro Energy Situation

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Montenegro

Capital:

Podgorica

Region:

Europe & Central Asia

Coordinates:

42.708678° N, 19.374390° E

Total Area (km²): It includes a country's total area, including areas under inland bodies of water and some coastal waterways.

13,810

Population: It is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship--except for refugees not permanently settled in the country of asylum, who are generally considered part of the population of their country of origin.

616,177 (2023)

Rural Population (% of total population): It refers to people living in rural areas as defined by national statistical offices. It is calculated as the difference between total population and urban population.

31 (2023)

GDP (current US$): It is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

7,404,541,965 (2023)

GDP Per Capita (current US$): It is gross domestic product divided by midyear population

12,016.91 (2023)

Access to Electricity (% of population): It is the percentage of population with access to electricity.

100.00 (2022)

Energy Imports Net (% of energy use): It is estimated as energy use less production, both measured in oil equivalents. A negative value indicates that the country is a net exporter. Energy use refers to use of primary energy before transformation to other end-use fuels, which is equal to indigenous production plus imports and stock changes, minus exports and fuels supplied to ships and aircraft engaged in international transport.

27.57 (2014)

Fossil Fuel Energy Consumption (% of total): It comprises coal, oil, petroleum, and natural gas products.

64.66 (2014)

Source: World Bank

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Introduction

Montenegro has been making efforts to increase the share of renewable energy in its energy mix. The country has set targets and implemented policies to promote sustainable and cleaner energy sources.

Montenegro has a significant share of its electricity generated from hydropower. The country has been investing in the modernization and expansion of existing hydropower plants and the development of new ones. Has also been exploring the potential of wind energy. There have been developments in wind farm projects, with several wind farms in operation or under development.

Solar energy projects have been gaining attention, and there have been initiatives to harness solar power for electricity generation.

Energy Situation

Installed electricity capacity (MW) by Technology, Grid connection and Year

Total Installed Capacity by the end of year 2022 is 1,061.89 MW

Technology	Grid Connection	Year	Capacity (MW)
Solar photovoltaic	On-grid	2022	22.0
Onshore wind energy	On-grid	2022	118.00
Renewable hydropower	On-grid	2022	696.69
Coal and peat	On-grid	2022	225.00