ELECTRICITY STORAGE IN PORTUGAL
Portugal''s energy-storage market is entering a new stage of maturity, combining grid-scale standalone batteries and hybrid (co-located) systems with renewable plants.
Energy storage is therefore essential if EU targets are to be met. Portugal's installed energy storage capacity is still predominantly based on hydro pumping, which currently stands at 4,164 GW year. However, this paradigm is about to change with the democratisation of energy storage solutions through wind and solar production.
Renewable energies are inevitably vulnerable to variations in availability, since the sun and the wind cannot be programmed. Energy storage is therefore essential if EU targets are to be met. Portugal's installed energy storage capacity is still predominantly based on hydro pumping, which currently stands at 4,164 GW year.
Portugal: Portugal has unveiled a $480 M (€400 M) investment package to modernise its electricity grid and significantly expand battery energy storage systems (BESS), following a major Iberian blackout earlier this year.
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. Energy storage battery. Photo by Anna Vasileva
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