The target was reached with renewable sources and the energy mix was primarily composed of hydroelectric power at 28%, wind energy at 27%, solar photovoltaic at 10%, and biomass at 6%. Notably, our country operates without nuclear power plants, underscoring its commitment to clean and safe energy Beyond its energy achievements, Portugal is a true…
The PNEC 2030 targets are ambitious, but are we truly on the path to meeting them? Right now, the Direct Agreements – Terms of Reference remain Portugal’s only real chance of making meaningful progress, yet they are continuously ignored in discussions. Key concerns: Why does APREN (Portuguese Renewables Association) focus on offshore wind and Spain’s…
Urgent: Grid Study Results Must Be Released to Unlock Portugal’s Renewable Energy Future! In July 2023, Nenuphar Frontier Unip., Lda., a subsidiary of Nenuphar Advisors, secured a major milestone in Portugal’s renewable energy landscape—being selected for grid connection studies in Vila Pouca de Aguiar under the Termos de Referência procedure. With three projects of 100…
If PORTUGAL, represented by the Ministério do Ambiente e Energia and by DGEG – Direção Geral de Energia e Geologia, wants more electrification and wants more consumers to choose that path, and in order to increase it, has to increasing Renewable Energy penetration, but there is a choice that has to be made, and from…
1 GW of continuous baseload power daily, it will be the largest combined solar pv and battery energy storage system (BESS) in the world, enabling 24/7 renewable energy With a 5.2GW (DC) solar PV plant paired with a 19GWh BESS, this setup will make possible to: 1Supply AI Data Centers 24/7 2Eliminate the need for…
What’s in the EU’s Affordable Energy Action Plan? The European Commission has launched its Affordable Energy Action Plan, aiming to make electricity more affordable, boost clean energy adoption, and enhance energy market stability. Key Measures: Redesigning electricity tariffs – New grid tariffs to provide better access to the most affordable electricity sources. Lowering energy taxes…
EU Plans to Ease Sustainability Reporting—But at What Cost? The European Union is moving to relax sustainability reporting rules as part of a sweeping €100 billion plan to cut red tape and enhance business competitiveness. The initiative, aimed at reducing regulatory burdens on companies, is seen as a response to concerns that excessive ESG reporting…
EU’s Clean Industrial Deal: Will €100 Billion Be Enough? The European Union has just launched its Clean Industrial Deal, aiming to secure Europe’s leadership in net-zero industries. With the U.S. Inflation Reduction Act (IRA) and China’s clean tech dominance, the EU is stepping up with a €100 billion+ financial boost to strengthen its renewable energy,…
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