reegle

Bul. Sv. Petra Cetinjskog 96
Podgorica (81.000)
Montenegro
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Phone: +381 81 201 225
Fax: +381 81 201 365
http://www.hera.hr/english/html/index.html

Regulatory Energy Agency of the Republic of Montenegro was founded in 2004, according to the Energy Law. The agency is independent and a non-profit organization with public authorization. The agency runs a budget, independent from the state budget. Most of funds arise from incomes for issuing licenses. The agency monitors and controls the operations of subjects within the energy sector. The main activities include: bringing up regulations and rules needed for conducting the obligations arising from Energy Law; implementation of Energy Law; revision and approval of market regulations, grid codex, conditions and terms for connecting and access to grid; issues licenses within energy sector (production, generation, distribution and sale of electricity); creates tariffs and prices in accordance to Energy Law; Participates in preparation and implementing regulations within the energy sector.

1. Actor:

   Energy agency

2. Sector:

   Energy

3. Activity:

   Montenegro