The renewable energy landscape in Portugal is moving into a new phase, marked by stronger commitments from international investors and the integration of storage technologies into large-scale solar projects.
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Portugal will launch a competitive tender for 750 MVA of battery energy storage before January 2026, as part of a broader €400 million package aimed at improving grid reliability and preventing future
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The country''s Ministry of Environment and Energy has launched a competition for €99.75 million (US$107 million) for grid-scale energy storage projects at the transmission and distributed-scale.
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REUTERS/Pedro Nunes/File Photo Purchase Licensing Rights LISBON, July 28 (Reuters) - The Portuguese government plans to invest up to 400 million euros ($466 million) to improve grid management and boost battery storage following a massive blackout across Spain and Portugal in April.
Its membership is composed of the major companies active in oil procurement, refining, logistics and retail sales (APETRO, 2020). Portugal’s energy policy is focused on reducing oil demand to lower GHG emissions and import dependency, while ensuring security of oil supply and the efficient functioning of downstream oil markets.
The pursuit of economic viability by storage facility owners will inherently lead to charging during low-cost hours and discharging during hours that are more economically attractive. Storage can replace thermal generation in constraint markets, easing the grid and supporting Portugal’s 2040 phase-out target.
Portugal has only about 13 megawatts of battery storage capacity, and the goal is to reach 750 megawatts, although no timetable has been set yet. According to the latest daily data from REN, electricity consumption in Portugal stood at 115 GWh on June 20. ($1 = 0.8581 euros)
Power generation capacity is around 22GW. Minister of Environment and Energy Maria da Graça Carvalho said: “This is a significant step towards Portugal’s energy independence and towards building a greener and more sustainable energy future.
A surge in voltage triggered a cascade of power plant disconnections, leading to the outage that spread to Portugal, which was importing electricity at the time.
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