Power Sector Policy Reform to Promote Small Hydropower Development in Montenegro

The project will support the Government of Montenegro in realizing its goal, in a most cost effective and economically and environmentally responsible manner, of 15 to 20 MW of new small generating capacity by the close of the project, instead of 2015 as declared by Small Hydro Development Strategy, through: a) streamlining and simplifying the application procedures for small renewable independent power producers; b) collecting basic data to make investment decisions; c) by setting attractive but competitive business terms and conditions for investors; and d) helping the new Energy Efficiency and Renewable Energy Unit role out a streamlined and transparent tendering process.

Renewable energy sources in Montenegro: http://www.oie-cg.me/

Project Factsheet

Project Document