The portuguese renewables market in one shot

Portugal renewable energy contribution is expected to be 47% of the national gross final consumption of energy by 2030. The Portuguese draft integrated National Energy and Climate plan (NECP) has made the roadmap to achieve carbon neutrality in 2050 based on an economy which value is generating wealth and well- being.

In order to complete the target, the country plan has stablished some objectives such as reduce energy import dependency to 65%, cities such as Azores and Madeira could increase self-energy sufficiency by developing clean technologies. The country also seeks for making a better interconnection facility for gas electricity and gas.

In the document below, you can find more information about the Portuguese renewable market and some interesting data about the latest regulatory changes implemented in the country for the development of renewable projects.

If you need advice for your renewable projects in Portugal, do not hesitate to contact us. To date, Vector Renewables has a track record of more than 2.5 GW in Technical Advisory services for different projects in Portugal, including Wind, Solar PV, BESS and Biomass.