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Montenegro

KRIVOKAPIC 16. 01. 2020.   >>  19:48 0

KRIVOKAPIC

Montenegro is no longer on the energy periphery of Europe

Putting into operation the undersea cable means Montenegro is no longer the periphery of the Europe’s electro-energy system, the Chief Executive of the EPCG Directorate for Energy Management Darko Krivokapic said.

Being the guest of the public service Morning Program he said that this cable gave the EPCG and the state a new energy border.
 "This means that we have additional rights, that we can buy and sell electricity. Montenegro's position in the European energy system is changing, because as you know, Montenegro was on the outskirts of that system. We were away from liquid markets. Now things are changing, we are connecting to the big liquid market of Italy where there is potentially large number of partners, and we have one more direction to market our production on better terms, " Krivokapc said.

He also says that the submarine cable will increase EPCG's earning potential but also profit for the state.
He believes that in the future, EPCG will increase the number of partners they work with: "And in EPCG we are already thinking of moving directly to those markets on our own with our strengths."

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