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.
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.
The efforts require the development and implementation of an appropriate legal, policy and funding framework, and for oversight by the Commission for Climate Action. The IEA notes Portugal’s potential in developing commercial opportunities in the energy storage value chain.
In addition, an auction for large-scale BESS is planned by 2026, marking a step forward in Portugal’s energy transition strategy. To support critical infrastructure like hospitals, the government will provide $28 M (€25 M) for solar PV and storage installations.
Our BESS energy storage systems and photovoltaic foldable container solutions are engineered for reliability, safety, and efficient deployment. All systems include comprehensive monitoring and control systems with remote management capabilities.
Portugal will invest $480 M (€400 M) to strengthen grid stability and scale battery storage, aiming for 750 MW of BESS capacity after Iberian blackout.
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Portugal will invest $480 M (€400 M) to strengthen grid stability and scale battery storage, aiming for 750 MW of BESS capacity after …
PORTUGUESE STORAGE AS OF TODAY Portugal’s energy-storage market is entering a new stage of maturity, combining grid-scale standalone batteries and hybrid (co …
Vasco da Gama CoLAB is a Portuguese collaborative laboratory for the research and development of energy storage solutions. VG CoLAB …
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