Requests for revenue cap regulation submitted

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foto:CGES

Podgorica, (MINA-BUSINESS) – The Montenegrin Electricity Transmission System (CGES) and the Montenegrin Electricity Distribution System (CEDIS) have submitted to the Energy Regulatory Agency (RAE) the requests for revenue- and price-cap regulation for their electricity transmission and distribution systems for a period between 2020 and 2022.

CGES and CEDIS submitted their requests to the regulatory authority on 2 September.

RAE has invited all stakeholders to provide their comments on the requests submitted by the two companies within seven days.

A request for the revenue-cap regulation for a period between the next year and the end of 2021 was submitted by the Montenegrin Electricity Market Operator (COTEE).

CGES requested from the regulatory authority to approve the revenues of €31.31 million for the next year, while CEDIS requested €84.56 million.
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