Case Studies > Boosting the power sector in Montenegro
Boosting the power sector in Montenegro
The Montenegrin power sector is characteristic of many countries in the Western Balkans: it suffers from several decades of under-investment, is carbon-intensive, consumes high levels of energy, and lacks efficient transmission and distribution functions.
Since 2010 the EBRD has extended two corporate loans to Elektroprivreda Crne Gore (EPCG) for the EPCG Metering and Distribution Project. In order to address significant distribution losses and poor revenue collection in the distribution network, and to improve energy efficiency and demand-side management, 330,000 smart electricity meters were installed in 2014. This means that all household consumers in Montenegro are now using smart meters.
Fundamental to the investments in smart metering is the transition to a culture where energy use is measured accurately and paid for promptly. In April 2014 the EBRD organised three training workshops in Podgorica, Bijelo Polje and Budva to raise awareness among local civil society organisations on the benefits of smart meters. These workshops were funded by the EBRD Shareholder Special Fund.