The isolation of Portugal’s electrical grid is hindering the expansion of renewables, in response to the most recent GlobalData report. Storage will play a key function if the nation hopes to fulfill its photo voltaic and renewable set up objectives, it mentioned.
Portugal’s geographical isolation on the western fringe of Europe and grid connection points are hindering the deployment of renewables within the nation, in response to the most recent report by UK consulting agency GlobalData.
“In recent times, with the rise in renewable energy and in depth hydropower capability, Portugal produces extra energy than it really consumes,” GlobalData mentioned in a press release. “Nevertheless, with solely a connection to the grid in Spain, the surplus generated energy with no robust related power grid or adequate storage might be misplaced.”
Photo voltaic has been the quickest rising renewable power supply in Portugal since 2013, with cumulative put in capability reaching 2.59 GW by the top of 2022. The nation goals so as to add 2.57 GW of latest photo voltaic capability in finish of 2023, in response to the nationwide power – saving plan.
The share of renewables in Portugal elevated from 7.9% of the electrical energy combine in 2000 to 30.2% in 2010 and 43.3% in 2021. Beneath the Nationwide Power and Local weather Plan (NECP) 2021-30, the Portuguese authorities set a goal to generate 47% of its gross closing power consumption from renewable sources by 2030.
Nevertheless, the nation can solely obtain these targets with important funding in storage options and upgrades to the nationwide grid, in response to GlobalData.
“With power storage options and a powerful grid system, the nation can scale back electrical energy imports, enhance effectivity, enhance renewable era, and meet its local weather objectives ,” mentioned Attaurrahman Ojindaram Saibasan, GlobalData’s energy analyst.
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