Ecolex Logo
The gateway to
environmental law
Search results » Legislation

Decree on the manner of determining the concession fee for a company or legal entity that uses a water reservoir and/or watercourse for the production of electricity in hydropower plants.

Country/Territory
Montenegro
Document type
Regulation
Date
2022
Source
FAO, FAOLEX
Subject
Energy, Water
Keyword
Concession Royalties/fees Hydropower generation
Geographical area
Europe, Europe and Central Asia, Mediterranean, Southern Europe
Entry into force notes
This text entered into force eight days after its publication in the Official Gazette (published on 22 February 2022).
Abstract

This Decree, based on the provisions of the Montenegrin Law on concessions, defines the manner for determining the concession fee for a company or legal entity that uses a water reservoir and/or watercourse for the production of electricity in hydropower plants. This concession fee shall be determined on basis of the formula provided in article 2. The state administration body in charge of energy affairs, until 1 November in the year preceding the year for which the concession fee is calculated, determines and publishes a reference energy exchange on its website. The reference energy exchange for 2022 is the Hungarian Electricity Exchange.

Full text
Montenegrin
Website
www.sluzbenilist.me

References - Legislation

Implements

Law on concessions.

Legislation | Montenegro | 2009 (2019)

Keyword: Concession, Liability/compensation, Sustainable development, Sustainable use

Source: FAO, FAOLEX