The isolation of Portugal’s electrical grid is hindering the expansion of renewables, in line with the most recent GlobalData report. Storage will play a key function if the nation hopes to fulfill its photo voltaic and renewable set up targets, 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 line with the most recent report by UK consulting agency GlobalData.
“In recent times, with the rise in renewable energy and intensive hydropower capability, Portugal produces extra energy than it truly consumes,” GlobalData mentioned in a press release. “Nonetheless, with solely a connection to the grid in Spain, the surplus generated energy and not using a robust linked power grid or ample storage may very well 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 tip of 2022. The nation goals so as to add 2.57 GW of latest photo voltaic capability in finish of 2023, in line with 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. Underneath its Nationwide Power and Local weather Plan (NECP) 2021-30, the Portuguese authorities units with a goal to generate 47% of its gross remaining power consumption from renewable sources by 2030.
Nonetheless, the nation can solely obtain these targets with important funding in storage options and upgrades to the nationwide grid, in line with GlobalData.
“With power storage options and a robust grid system, the nation can cut back electrical energy imports, enhance effectivity, improve renewable era, and meet its local weather targets ,” mentioned Attaurrahman Ojindaram Saibasan, energy analyst at GlobalData.
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