Tags: Energy Storage Power

4 FAQs about What is energy storage power in Portugal

Can storage replace thermal generation in Portugal?

The pursuit of economic viability by storage facility owners will inherently lead to charging during low-cost hours and discharging during hours that are more economically attractive. Storage can replace thermal generation in constraint markets, easing the grid and supporting Portugal's 2040 phase-out target.

Why is storage important in Portugal?

Storage provides real-time flexibility, enabling participation in balancing markets and maintaining grid stability and inertia, especially in Portugal where these markets are growing. Despite the increase in interconnection capacity between Spain and Portugal, it could experience congestions during non-solar hours.

How many GWh of electricity is produced in Portugal?

Between January 1st and May 31st of 2023, 18,751 GWh of electricity were generated from Continental Portugal, from which 73.2% came from natural resources (sources (30.5% wind, 28.30% hydro, 7.6% bioenergy and 6.8% solar). Other sources include: Natural Gas (15.9%), Fossil CHP (4.7%), and Pumped Storage (6.2%).

Why is Portugal focusing on electricity & natural gas interconnection?

There is a strong focus on electricity and natural gas interconnection to unlock the potential of Portugal's solar and wind resources and liquefied natural gas capacity to support local economic development and European energy security.

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