DGEG technicians say the mechanism could unlock "well above 500 MW" of new storage by the end of 2025, pushing the country towards the 2 GW storage target in the PNEC 2030 roadmap. PNEC 2030 establishes clear goals for scaling up renewable energy capacity. By the end of the decade, it aims to install: 20. These two sources alone will contribute more than 33 GW of intermittent renewable capacity, in addition to. When renewables supplied roughly 80% of Portugal's electricity in July 2025, prices in the wholesale market briefly slid below zero—great for generators selling excess electrons, confusing for consumers who still paid standard tariffs. By Paulo Lopes, in Business · 26 Aug 2025, 09:31 · 0 Comments A clear example comes from. A total of 43 projects were selected from 79 applications in Portugal's 2025 energy storage procurement. This included six projects from Spain's Iberdrola, which secured nearly EUR 20 million in public funding. Portugal's Ministry of Energy has announced that it has allocated EUR 100 million. Portugal's government has announced the outcome of an energy storage tender that will see the installation of 500 MW of energy storage capacity to support the country's energy transition. Photo by Anna Vasileva According to the provisional results, unveiled last week, 43. Tell us and we will take a look. 41 applications approved for funding. Want to know more about this policy ? Learn more Portugal allocates.
