Montenegro Renewable Power Market Report 2017

  • ID: 4392475
  • Report
  • Region: Montenegro
  • 22 pages
  • Inea Consulting Ltd
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FEATURED COMPANIES

  • Akuo Energy
  • Enemalta
  • Fersa Energias Renovables
  • Metamorphosis MNE
  • MORE
Montenegro is a small, mountainous state in south-west Balkans. Montenegro borders Croatia, Bosnia and Herzegovina, Serbia, Kosovo, Albania and the Adriatic Sea. While being a small country at 13,812 km², it is very diverse regarding the terrain configuration. Terrain in Montenegro ranges from high mountains in the northern part of the country, through karst segment in central and western part, to a narrow coastal plain. The population of Montenegro was 0.62 million and the current gross domestic product (GDP) was $4.17 billion as of 2016. Montenegro renewable power market value, which was USD XXX million in 2016, is expected to grow to USD XXX million in 2017, at a CAGR of XXX percent.

Montenegro has defined strategic objectives and future scenarios mainly in two documents, namely: The National Renewable Energy Action plan for use of RES by 2020 (NREAP) and the Energy Policy Strategy of Montenegro until 2030. The National Renewable Energy Action Plan by 2020 (NREAP) is the most important strategic document regarding the development and implementation of RES projects. The Action Plan defines explicit targets for renewable energies in Montenegro for every year till 2020. By 2020 the production of electricity from renewable energy sources should rise to 33% (from 26.3% in 2009), with shares of 81.5% hydro, 13.8% wind, 4% biomass and 0.7% solar power.

The country’s main strategy to meet the growing need of power is to reduce the energy dependency by increasing the energy efficiency, increased use of renewable resources and connecting to the European power infrastructure.

Scope:
  • Snapshot of the country’s renewable power sector across parameters - country overview, current power and renewable power market status, electricity market structure, key issues, future plans and strategies to meet increasing power demand, and way forward.
  • Statistics for cumulative and annual installed renewable power generation capacity of from 2012 to 2017.
  • Statistics for cumulative and annual revenue of renewable power plants from 2012 to 2017.
  • Break-up by power generation technology, including thermal, hydro, renewable and nuclear
  • Data on key issues witnessed in the Montenegro renewable power sector.
  • Information on future plans and strategies to meet increasing power demand.
Reasons to buy:
  • Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s renewable power sector
  • Facilitate decision-making based on strong historic and forecast data
  • Develop strategies based on the latest regulatory events
  • Position yourself to gain the maximum advantage of the industry’s growth potential
  • Identify key partners and business development opportunities
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FEATURED COMPANIES

  • Akuo Energy
  • Enemalta
  • Fersa Energias Renovables
  • Metamorphosis MNE
  • MORE
1 METHODOLOGY AND LIMITATIONS
1.1 Research Methodology
1.2 Limitations
2 EXECUTIVE SUMMARY
3 MONTENEGRO RENEWABLE POWER MARKET IN 2017
3.1 Country Overview
3.2 Current Status of Renewable Power Market in Montenegro
3.2.1 Solar
3.2.2 Wind
3.2.3 Hydro
3.2.4 Biomass
3.2.5 Geothermal
3.2.6 Tidal and Wave
3.3 Key Issues
3.4 Investment Trends and Development Roadmap to Meat Increasing Power Demand
3.5 Cumulative (CAGR) Installed Renewable Power Capacity and Revenue
3.6 Annual Installed Renewable Power Capacity and Revenue
3.7 Support Schemes
4 CONCLUSIONS AND RECOMMENDATIONS
5 LIST OF ABBREVIATIONS
6 REFERENCES
7 DISCLAIMER

Chart 1: Share of Renewable Power (Solar, Wind, Biomass, Hydro and Geothermal) from Total Installed Power Generation Capacity in Montenegro in 2016
Chart 2: Montenegro Total Annual Electricity Consumption (in TWh) 2000 ÷ 2016
Chart 3: Montenegro Power Generation Capacity Breakdown by Source (Fuel) Type in 2016 (incl. Renewables)
Chart 4: Structure of Electricity Power Market in Montenegro
Chart 5: Cumulative (CAGR) Installed Renewable Power Capacity (Solar, Wind, Biomass, Hydro and Geothermal) in Montenegro (in MW) 2012 ÷ 2017, including forecast
Chart 6: Cumulative (CAGR) Revenue of Renewable Power Plants (Solar, Wind, Biomass, Hydro and Geothermal) in Montenegro (in Millions USD) 2012 ÷ 2017, including forecast
Chart 7: Annual Installed Renewable Power Capacity (Solar, Wind, Biomass, Hydro and Geothermal) in Montenegro (in MW) 2012 ÷ 2017, including forecast
Chart 8: Annual Revenue of Renewable Power Plants (Solar, Wind, Biomass, Hydro and Geothermal) in Montenegro (in Millions USD) 2012 ÷ 2017, including forecast
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Akuo Energy
Enemalta
Metamorphosis MNE
Fersa Energias Renovables
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