Mantel and EPCG Sign Carbon Capture Agreement for Montenegro’s Pljevlja Power Plant

US-based carbon capture technology company Mantel has signed a memorandum of understanding (MOU) with Elektroprivreda Crne Gore (EPCG), Montenegro's national electricity utility, to explore the deployment of high-temperature carbon capture technology at the Pljevlja thermal power plant. Announced on 20 October 2026, the agreement establishes a framework for assessing whether Mantel's technology could help reduce carbon dioxide emissions from the coal-fired facility while supporting the modernisation of Montenegro's existing electricity generation infrastructure.

The proposed collaboration will evaluate Mantel's proprietary molten borate technology, which is designed to capture CO2 from industrial emissions while recovering high-grade heat as usable steam. The approach aims to reduce the energy consumption associated with conventional carbon capture processes, which can require substantial energy to separate CO2 from exhaust gases and regenerate capture materials. By recovering usable heat, Mantel intends to improve the efficiency and economics of carbon capture at energy-intensive facilities.

 

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The agreement is aligned with Accelerating Investment in Montenegro (AIM), a government initiative supported by the European Union to encourage investment and technological development across Montenegro's energy sector. The partnership forms part of EPCG's broader efforts to explore technologies that could reduce emissions from existing infrastructure while maintaining electricity supply reliability.

"Power generation is a growing focus for Mantel as utilities look for practical ways to reduce emissions while maintaining reliable energy supply," said Cameron Halliday, Co-founder and Chief Executive Officer of Mantel. "We look forward to working with EPCG to explore how our technology could support its long-term energy objectives."

The MOU remains exploratory and does not constitute a commitment to install a carbon capture system at Pljevlja. Neither company has disclosed a proposed capture capacity, project investment, implementation schedule or expected emissions reductions. Further technical and commercial assessments will be necessary to determine whether the technology can be deployed at the facility.

 

Source: Mantel