Technical FAQs 4

Why is Portugal pushing for better electricity interconnections?

Portugal is pushing for better electricity interconnections with the rest of Europe. Portugal’s National Energy and Climate Plan sets 2030 targets for emissions reductions, energy efficiency and renewable energy that aim to put the country a path to achieving cost effective carbon neutrality by 2050.

What percentage of Portugal's electricity is renewable?

In 2024, renewables supplied 71% of Portugal’s electricity, with record production of 36.7 TWh, according to grid operator REN. Portugal’s updated energy plan targets 80% renewable electricity by 2026 and 85% by 2030. Marija has years of experience in a news agency environment and writing for print and online publications.

How much money will Portugal spend on energy storage projects?

This included six projects from Spain’s Iberdrola, which secured nearly EUR 20 million in public funding. Portugal’s Ministry of Energy has announced that it has allocated EUR 100 million ($104.2 million) to 43 energy storage projects which should be installed by the end of 2025.

What is Portugal's Energy Plan?

Portugal’s updated energy plan targets 80% renewable electricity by 2026 and 85% by 2030. Marija has years of experience in a news agency environment and writing for print and online publications. She took over as the editor of pv magazine Australia in 2018 and helped establish its online presence over a two-year period.

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