Portugal has invested heavily in renewable energies in recent years, with the goal of reducing its dependence on fossil fuel sources and increasing its energy security. The country has a large hydroelectric generation capacity, but has also invested significantly in wind and solar. In 2020, renewable energy generation represented about 80% of total electricity generation, and Portugal has ambitious goals to increase the share of renewables by 2030.
Wind energy is one of the main renewable energy sources in Portugal, representing about 40% of the country’s electricity generation. Portugal has a large installed capacity of wind generation, with over 4 GW of installed capacity in 2020 and is planning to increase capacity to over 10 GW by 2030.
Solar energy has also played an increasing role in Portugal’s energy mix. In 2020, solar energy generation represented about 7% of the country’s total electricity generation, and the country has ambitious goals to increase the share of renewables by 2030.
In addition, Portugal has invested in energy storage technologies, such as batteries and hydroelectric storage systems, to help ensure the stability of the electric system and make the most of renewable energy generation. The country also has policies and incentives to support the development of energy storage technologies and is collaborating with other European Union countries to develop storage solutions at a continental level.
In summary, Portugal has invested heavily in renewable energies and has become a leader in Europe in the use of renewable energy sources. The country has significant installed capacity in hydroelectricity, wind and solar, and has ambitious goals to increase the share of renewables by 2030. Additionally, Portugal has invested in energy storage technologies to help ensure the stability of the electric system and make the most of renewable energy generation.
