The European Bank for Reconstruction and Development (EBRD), which has been present in Montenegro since 2006, will provide the Montenegrin Electricity Distribution System (CEDIS) with a 35 million euros loan to support the modernization and digitalization of Montenegro’s power grid. To date, nearly one hundred projects have been implemented in the country with EBRD support, with a total value exceeding 900 million euros.
The funds will be used to establish a new Supervisory Control and Data Acquisition (SCADA) system, an Advanced Distribution Management System (ADMS), and to implement modern „smart” meters. Additional funding is provided through a grant from the European Union’s Western Balkans Investment Framework.
CEDIS, owned by Montenegro’s Electric Power Company (EPCG), manages and maintains distribution networks up to 35 kV across the entire country. With the implementation of the new SCADA system, the grid will be managed in real time, while ADMS will enable more precise and efficient monitoring of electricity flow and faster resolution of potential faults. Smart meters will further enhance consumption control, reduce losses, and improve the reliability of electricity supply to end users, as explained on the EBRD website.
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The introduction of advanced technologies is expected to deliver numerous benefits to the energy sector and consumers, including a reduction in technical losses by approximately 10 percent, a significant reduction in power outage durations (to around one-sixth of the current level), better integration of renewable energy sources into the grid, and improved cybersecurity. Additionally, the project aligns with EU and Energy Community standards, particularly in the deployment of smart meters.
The loan agreement was signed by Remon Zakaria, EBRD Director for Montenegro, Vladimir Ivanović, General Director of CEDIS, and Ivan Bulatović on behalf of EPCG.
„This project represents a transformative step towards the digitalization of Montenegro’s electricity distribution system, helping to improve its reliability and efficiency while paving the way for the integration of renewable energy. The citizens of Montenegro will experience more reliable electricity supply, while CEDIS will achieve significant reductions in technical losses and gain advanced capabilities for the rapid detection and resolution of technical faults”, stated Remon Zakaria.
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