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The government of Montenegro has set the conditions for the country's first solar auction. The auction will accept bids for solar projects with a minimum capacity of 400 kW, offering up to 250 MW of total capacity. It is the first in a planned series of market premium auctions targeting 400 MW of new solar and wind capacity.
Montenegro had installed solar power capacity of just 6 MW at the end of 2020. The country's solar power capacity is significantly smaller than the electrical power demand, which is currently met by the 225 MW Pljevlja thermal power plant in the north of Montenegro and two large hydropower plants, at Perućica (307 MW) and Piva (363 MW).
The maximum price to compete for is EUR 65 per MWh and the contracts will last 12 years. The Government of Montenegro adopted the decisions and directives necessary for issuing a public call to auction for solar power projects of at least 400 kW. The lowest bids will win, and the maximum price is EUR 65 per MWh.
With support from the European Bank for Reconstruction and Development (EBRD), Montenegro ''s Ministry of Energy and Mining has
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Montenegro has set a ceiling price of €65 ($76.11)/MWh for its first solar auction, which will offer 12-year contracts for difference (CfD) for up to 250 MW of capacity.
At the forthcoming auction for market premiums for electricity from solar power plants in Montenegro, the participants will bid for state
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