Why is storage important for the energy transition in Portugal?
With 21 318 GWh of electricity generated in Portugal between January and June - 57% of which of renewable origin - storage will be decisive for the much-desired energy transition for two major reasons. On one hand, storage will offset the intermittent generation of renewable energy.
What does Portugal's energy policy mean for the energy sector?
The Portuguese Ministry of Energy has allocated €100 million for grid flexibility and energy storage projects to be completed by the end of . This initiative aims to enhance the flexibility and stability of Portugal's power supply system amid its record-breaking solar electricity production.
What is the energy storage capacity in Portugal?
Energy storage installed capacity in Portugal is still predominantly based on hydropower pumping, which is today over 3 GW, and will increase to 4,164 GW when the Alto- Tâmega dam is completed this year. However, this paradigm is about to shift with the democratization of energy storage solutions with wind and solar production.
Why is Portugal launching a solar energy storage project?
This initiative aims to enhance the flexibility and stability of Portugal's power supply system amid its record-breaking solar electricity production. On July 31, the ministry announced the allocation of €99.75 million through a call for tenders to install energy storage projects totaling 500 MW.
What is Portugal's Energy Strategy?
The strategy includes a target of 20.4 GW of operational PV systems by , comprising 14.9 GW of large-capacity plants and 5.5 GW of decentralized generation. Additionally, Portugal has launched its first tender for biomethane and green hydrogen as part of this comprehensive energy strategy.
What percentage of Portugal's energy is renewable?
The share of renewables in Portugal's energy mix has grown from 27% in to 54% in , with the last coal-fired power plant closing in . As part of its new energy strategy, Portugal aims to produce 80% renewable electricity by and 85% by .
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StorSystems
StorSystems is driving the Portuguese energy transition by developing, building, and operating advanced battery storage systems. Battery storage allows power produced now to be stored
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Global energy storage supplier Powin LLC and Portuguese integrated energy company Galp have partnered to install a utility-scale battery energy storage system (BESS) in
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