Long story short: Montenegro's state-owned power company, Elektroprivreda Crne Gore (EPCG), is pioneering the installation of battery energy storage systems (BESS) to enhance energy system efficiency and support renewable energy integration.
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These are modular charging systems that consist of separate cabinets for the charger, power electronics, and communication systems. They are designed to be scalable and can be configured to meet the specific needs of a charging site.
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Lithium-ion batteries, recognized for their high energy density and efficiency, favor utilization in modern energy storage cabinets. These batteries operate on the movement of lithium ions between anode and cathode, offering substantial cycle life and minimal maintenance.
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In 2025, the typical cost of commercial lithium battery energy storage systems, including the battery, battery management system (BMS), inverter (PCS), and installation, ranges from $280 to $580 per kWh. Larger systems (100 kWh or more) can cost between $180 to $300 per kWh.
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