Montenegrin govt adopts cross-border electricity law

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The Montenegrin government has adopted a law on cross-border trade in electricity and natural gas and a national energy and climate plan (NECP) until 2030, both of which are of key importance for the country's European Union accession, the energy ministry said.

The law on cross-border electricity and natural gas trade opens for Montenegro the doors to the single European market and is a step towards the closure of the energy chapter of the EU accession talks, energy minister Admir Sahmanovic said in a statement on Wednesday.

In October, Montenegro and Italy signed a memorandum of understanding to couple their electricity markets, and to speed up the project for the construction of the second undersea power cable connecting their power grids. The project is crucial for Montenegro’s day-ahead market coupling with Italy and connection to the EU single electricity market, with digital integration expected by late 2026 or early 2027 and full integration by 2036–2037.

Source: Wikipedia