Montenegro prioritizes EUR 1.38 billion energy projects for EU accession

The Government of Montenegro has approved a list of 15 priority energy infrastructure projects worth EUR 1.38 billion. This fulfils chapter 21 – Trans-European Network – of the EU accession negotiations. The European Commission will use this list to select projects for funding under the Western Balkans Investment Framework (WBIF).

Updated per WBIF methodology, the projects align with Montenegro’s state-level priorities. WBIF, the EU’s main financial mechanism for the region, will support selected projects from 2024 to 2027.

Key projects include:

• HPP Komarnica – EUR 315 million
• Ionian-Adriatic Pipeline (IAP) – EUR 210 million
• Trans-Balkan Electricity Corridor – EUR 163 million
• HPP Kruševo – EUR 160 million
• Energy efficiency in buildings – EUR 104 million
• Slano floating solar plant – EUR 60 million

Notable changes from the 2021 list include the removal of the Gvozd wind farm and Pljevlja thermal plant reconstruction. Added projects include HPP Kruševo, Krupac solar power plant, decarbonization, and oil storage tank reconstruction.