By installing the power cable, the interconnection Italy \u2013 Montenegro shall represent a large bridge for energy between the Balkans and Europe. The power link between Italy and Montenegro is an activity of strategic European significance. It represents a junction point of exceptional importance for the European Energy Union, reinforcing the network of electric flows for integration of the entire region of the Balkans and EU through Italy.<\/p>\n\n\n\n
Montenegro occupies a special place and it has a grid well connected with neighbours (B&H, Serbia, Kosovo, Albania, and through them also with Bulgaria and Romania), it is in a strategic position to have a role of platform of power exchange. As a result of intergovernmental agreement between the two countries, the European Commission included the project into project of European common interest.<\/p>\n\n\n\n
Both countries shall have benefits. The common benefit is increase of security of two power systems through connecting via direct current (HVDC), which contributes to system adaptability thanks to the speed of response in case of disturbances. The benefits for Italy are increased security of the power system, especially for Central Italy, additional significance for role of the country as junction point of the Mediterranean, while about 35 companies and 215 people are working on the construction site.<\/p>\n\n\n\n
The benefits for Montenegro are strengthening the role of the country as energy platform of exchange between the Balkans and EU by promoting integration into the European market, implementation of the plan of reinforcement of national gird and coastal zone with high tourist attendance, and employment of over 500 persons and over 30 local companies during the implementation phase (duration of 4 years). At the construction site during the most challenging activities, over 200 people per day shall be employed.<\/p>\n\n\n\n
The commencement of the works was made official by the Prime Minister Milo \u0110ukanovi\u0107 and CEO of the Italian company Terna Mateo del Fante.<\/p>\n\n\n\n \u201cWith today commenced works we are entering into a new phase of the strategic project of submarine cable implemented by the Italian company Terna and Crnogorski elektroprenosni sistem (CGES). Already 136 km of the cable were installed from the Italian coast, whose total length between Pescara in Italy and Cape Jaz amounts to 455 km. Not far from this location, CGES is constructing the substation \u201cLastva\u201d, as well as 400 kV overhead line \u201cLastva\u2013\u010cevo\u2013Pljevlja\u201d. Total value of submarine cable is over 800 million euros. Completion of works was planned by the end of 2018\u201d, the Prime Minister stated.<\/p>\n\n\n\n In just a few years, he added, this project has gone from an initial idea, through a ratified international agreement between Montenegro and Italy, to being accepted as a strategic interest not only for our two countries, but also for the Western Balkans and the EU. Its added significance is secured by its role as a generator of the region's accelerated energy development, which is charting a new energy route \u2013 the Trans-Balkans Corridor. It intertwines the interests of the Energy Community, as well as those of the Western Balkan countries. This is also confirmed by the fact that the EU, through the Western Balkans Investment Framework, has supported this project with a \u20ac25 million grant, intended for the construction of the 400-kilovolt Pljevlja\u2013Bajina Ba\u0161ta interconnector. \u0110ukanovi\u0107 pointed out that the submarine cable is unique due to the exceptional technical challenges, which we are successfully overcoming thanks to the professional reputation of our strategic partner, the company TERNA. The works are being carried out along the bottom of the Adriatic Sea, at a depth of up to 1,200 metres, with a nominal DC transmission capacity of 1,000 MW. The Montenegrin electricity transmission system, which is majority state-owned, in partnership with one of Europe's largest electricity transmission operators, is confirming the ability of domestic companies to participate in the realisation of such demanding projects. According to him, the benefits of the submarine cable project, which will connect Montenegro and the region to the strong and stable energy market of Italy and Europe, are already evident. This project alone, from the converter station in Lastva Grbaljska to Cape Jaz where we are located, involves the employment of over 500 people and more than 30 local companies. During the most demanding phase of this part of the project's implementation, over 200 people will be employed daily. In addition to this section, a significant domestic workforce, as well as construction crews, will also be required for the construction of the Lastva substation. This is also the case along the entire four-hundred-kilovolt transmission line from Lastva, via Cetinje, Nik\u0161i\u0107, \u0160avnik, \u017dabljak and Pljevlja. It is expected that following construction, the maintenance and operation of this new part of the system alone will require dozens of new, highly skilled jobs. Following the commissioning of the submarine cable, significant revenues will also be secured for Montenegro based on CGES's share of the cable's total capacity \u2013 20 per cent of the installed 1,000 megawatts. Revenues from transmitting electricity from the region via this interconnection are a direct benefit. No less significant for Montenegro's electricity system is the fact that it will be integrated into the regional and European market. The creation of an integrated electricity market, and the increase in competition, will enable industry and citizens to be supplied based on lower wholesale energy prices.<\/p>\n\n\n\n The implementation of this project will contribute not only to greater openness of our electricity system, but also to the economy as a whole. It is a confirmation that the optimal use of available resources is the most important condition for dynamic economic development, which will be more easily achievable through integration into the single European market in all sectors, including energy. <\/span> Decades-old ideas about utilising Montenegro's energy potential through the 'Submarine Cable' project are now gaining new momentum. A few days ago, on 29 September, we signed the Contract for the construction of the second block of the Pljevlja Power Plant. Construction work on the Krnovo Wind Farm is in its final phase. Interest in the hydro-potential of the Moraca and Komarnica rivers is growing ever stronger. Experts in this sector estimate that the 'Submarine Cable' also provided a positive impetus for the recently completed major energy facilities in Bosnia and Herzegovina (TE Stanari) and Albania (HE Banja). This striking energy bridge is a compelling illustration of the EU's effective policy of enlargement towards the Western Balkans, and at the same time, a confirmation of the region's countries' determination to base their future development on the highest European standards. With it, Montenegro also essentially becomes the energy link for the Western Balkans with the EU. <\/span> Furthermore, upon completion of this work, Montenegro will strengthen and modernise its transmission networks in the coastal region, as well as in the north-western part of the country.<\/span> The first results are already visible. This will enable a much higher level of security and reliability of power supply for users, which is one of the key prerequisites for current and future major investments in tourism. On the other hand, the opening of a new energy corridor in an area with significant untapped energy potential creates the prerequisites for new major investments in the energy sector. The successful harmonisation of these two realistic development goals, by bringing us closer to the European energy market, will undoubtedly contribute to both raising the quality of life for our people and accelerating our attainment of a European level of development,\" concluded Milo \u0110ukanovi\u0107. <\/span> <\/span>Today is an important moment for the electrical development of Italy and Montenegro, he said.<\/span> <\/span>Mateo del Fante.<\/span> We are beginning the inauguration of the first land-based electric cable route, an innovative project that will make it a safer and more efficient 'electric corridor' between Europe and the Balkans, for the first time in the history of European energy.<\/span><\/p>\n\n\n\n We are starting here with an electricity connection that will be ready and operational in 2019, a true high-capacity energy route, which will unite two countries by strengthening and upgrading electrical plants, thereby supporting their development and growth. Ovaj odnos i infrastruktura \u0107e i dalje rasti u narednim godinama, \u010dim o\u010dekivani elektri\u010dni radovi o povezivanju sa Srbijom i drugim zemljama u regiji budu u funkciji te \u0107e dovesti do novog i inovativnog “inteligentnog mre\u017enog sistema” na Balkanu,istakao je Mateo del Fante.<\/span><\/p>\n\n\n\n![\"\"](\"https:\/\/cges.me\/wp-content\/uploads\/2016\/10\/1terna-1.jpg\" "\\"\\"")
<\/figure>\n\n\n\n![\"\"](\"https:\/\/cges.me\/wp-content\/uploads\/2016\/10\/3terna.jpg\" "\\"\\"")
<\/figure>\n\n\n\n![\"\"](\"https:\/\/cges.me\/wp-content\/uploads\/2016\/10\/4terna-1.jpg\" "\\"\\"")
<\/figure>","protected":false},"featured_media":9992,"template":"","meta":{"_acf_changed":false},"class_list":["post-7623","vijest-i-dogadjaj","type-vijest-i-dogadjaj","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/cges.me\/en\/wp-json\/wp\/v2\/vijest-i-dogadjaj\/7623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cges.me\/en\/wp-json\/wp\/v2\/vijest-i-dogadjaj"}],"about":[{"href":"https:\/\/cges.me\/en\/wp-json\/wp\/v2\/types\/vijest-i-dogadjaj"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cges.me\/en\/wp-json\/wp\/v2\/media\/9992"}],"wp:attachment":[{"href":"https:\/\/cges.me\/en\/wp-json\/wp\/v2\/media?parent=7623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}