Should energy storage be democratised in Portugal?
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.
Why is energy storage important in Portugal?
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.
Will a 5 mW 20 MWh battery storage system be built in Portugal?
Galp, a Portuguese energy company, has announced plans to build a 5 MW/20 MWh battery storage system in Portugal, in collaboration with Powin. The system at one of Galp’s solar plants will enable it to adjust its PV production profile and meet its energy requirements. This project marks Powin’s first venture in Europe.
What is Portugal's Energy and Climate Plan?
On 10 July 2020, the Portuguese Government approved the National Energy and Climate Plan through Council Ministers Resolution no. 53/2020. The plan will shape Portugal’s energy and climate policy from 2021-2030 and sets the long-term objective of decarbonizing the economy by the end of 2050.
How to build a storage facility in Portugal?
The first step in the construction of a new storage facility is to secure the proper use or rights over the land where the installation is to be developed. Under Portuguese law, various options are available to do this. The four most common ways to secure plots of land are: Operating lease (cessão de exploração), in case of common land.
What is the new legal framework for energy storage?
In order to attract further investment and speed-up implementation, the new legal framework, which was published in the beginning 2022, provides a framework for standalone energy storage, subject to the previous control procedure, and to be owned by third parties who are separate from the power plant developers.
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