PODGORICA (Montenegro), September 28 (SeeNews) – Montenegro is the leader in Southeast Europe in the transposition of the sustainability acquis comprising energy efficiency, environment and renewables, and has already met its binding renewable energy target for 2020, the Energy Community has said.
"Having partly transposed the Third Energy Package in December 2015, albeit almost one year past the transposition deadline, Montenegro is on a good way in its compliance with the Energy Community acquis", the Secretariat of the Vienna-based organization said in a Monitoring Report on Tuesday.
There are currently no open infringement cases against Montenegro.
This year, Montenegro is expected to make progress towards establishing a day-ahead electricity market. On June 9, the government instructed the market operator COTEE, the transmission system operator CGES and the incumbent company EPCG to sign a contract on establishing a limited liability company with a task to establish a power exchange in Montenegro. The implementation is expected to follow in the course of 2016.
Completion of the distribution system unbundling process is also one of Montenegro's outstanding duties, as well as the certification of the transmission system operator, which is to be tackled as a priority task, according to the report.
The Energy Community was established by an international law treaty in October 2005. As of July 1, 2013, the parties to the treaty are the European Union and Albania, Bosnia and Herzegovina, Croatia, Kosovo, Macedonia, Moldova, Montenegro, Serbia and Ukraine. The key aim of the organization is to extend the EU internal energy market to Southeast Europe and beyond on the basis of a legally binding framework.
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