Global Organization
Portugal is seeking to promote flexibility and balance its power system with energy storage as it continues to break records for solar energy production. To this end, the country’s Ministry of Energy announced on Wednesday that it has allocated €99.75 million ($107.6 million) in a bid to support 500 MW of energy storage projects.
The Portuguese Ministry of Energy has allocated €99.75 million ($107.6 million) for grid flexibility and energy storage projects which should be installed by the end of 2025. Portugal is seeking to promote flexibility and balance its power system with energy storage as it continues to break records for solar energy production.
Image: Wikicommons. Portugal is looking to support at least 500MW of energy storage capacity by the end of 2025 via grant support. The country’s Ministry of Environment and Energy has launched a competition for €99.75 million (US$107 million) for grid-scale energy storage projects at the transmission and distributed-scale.
Power generation capacity is around 22GW. Minister of Environment and Energy Maria da Graça Carvalho said: “This is a significant step towards Portugal’s energy independence and towards building a greener and more sustainable energy future.
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.
Grid-scale BESS projects have been relatively limited in Portugal to date, although utility Iberdrola did bring online a huge, 40GWh pumped hydro energy storage (PHES) project there in 2022. Portugal is looking to support at least 500MW of energy storage capacity via grant support using EU-wide funding.
The Tâmega Gigabattery is a sizable hydroelectric storage project that took nearly eight years to build and cost more than €1.5 billion. One of the biggest energy storage …
Currently, the United States, Europe, Japan, South Korea and other major economies focus on the development of new energy storage industry as a national or regional …
Global energy storage platform provider Powin LLC and Portuguese integrated energy company Galp have partnered to install a utility-scale battery energy storage system …
The Portuguese Ministry of Energy has allocated €100 million for grid flexibility and energy storage projects to be completed by the end of 2025. This initiative aims to …
The lowest bid falls below the previous solar industry record tariff of US$0.0135/kWh set by the Al Dhafra project in Abu Dhabi in April. It also comes in around …
BEIJING, April 11 (Xinhua) -- U.S. carmaker Tesla Inc. on Sunday announced that it will build a new mega factory in Shanghai, which will be dedicated to manufacturing the company''s …
The battery will be installed next to the Ribatejo combined cycle power station …
One of the new cabinet''s priorities for its four-year term would be a national energy storage strategy for 2026 to accelerate investment in battery storage for wind and solar …
The battery will be installed next to the Ribatejo combined cycle power station in Portugal. The new scheme is the first of its kind approved in medium and large-scale …
Analysts said accelerating the development of new energy storage will help the country achieve its target of peaking carbon emissions by 2030 and achieving carbon …
Portugal is looking to support at least 500MW of energy storage capacity by the end of 2025 via grant support. The country''s Ministry of Environment and Energy has …
The Tâmega Gigabattery is a sizable hydroelectric storage project that took …
Portugal is seeking to promote flexibility and balance its power system with …
In the past few months Spain has announced a 2.5GW energy storage target by 2030 and Portugal is hosting a solar tender with a significant add-on option for storage. Clean Horizon''s experts Corentin Baschet and …
The Portuguese Ministry of Energy has allocated €100 million for grid flexibility and energy storage projects to be completed by the end of 2025. This initiative aims to enhance the flexibility and stability of Portugal''s power …
Global energy storage supplier Powin LLC and Portuguese integrated energy company Galp have partnered to install a utility-scale battery energy storage system (BESS) in …
Global energy storage supplier Powin LLC and Portuguese integrated energy company Galp have partnered to install a utility-scale battery energy storage system (BESS) in Algarve,...
Portugal is looking to support at least 500MW of energy storage capacity by the end of 2025 via grant support. The country''s Ministry of Environment and Energy has launched a competition for €99.75 million …
Portugal is seeking to promote flexibility and balance its power system with energy storage as it continues to break records for solar energy production. To this end, the …
The total installed capacity of the new complex will be 1,158 megawatts (MW), and once completed in 2024 will be combined with two nearby wind farms to form one of the …
The Portuguese Ministry of Energy has allocated €99.75 million ($107.6 million) for grid flexibility and energy storage projects which should be installed by the end of 2025.
The former focuses on Electricity and Natural Gas, while the latter deals with promotion of energy production from renewable sources. Apart from creating a sustainable …
One of the new cabinet''s priorities for its four-year term would be a national …
Subscribe to Newsletter Energy-Storage.news meets the Long Duration Energy Storage Council Editor Andy Colthorpe speaks with Long Duration Energy Storage Council director of markets and technology Gabriel Murtagh. …
From a global perspective, one of the main reasons why the United States can lead the development of the energy storage industry is that since the late 1970s, the United …