Portugal’s new government has advanced its goal of achieving 80% clean energy in electricity generation until 2026, four years ahead of schedule.
New clean energy target in Portugal.
Members of the Portuguese Socialist Party won 120 seats in parliament in a landslide election in January. The new government was sworn in last Wednesday and unveiled its new clean energy plan last Friday.
The new government says its plans are expected to involve more than €25,000 million in private and public investment over the next 10 years.
Portugal is currently one of the European leaders in clean energy, as it obtains 60% of its electricity from renewable energies.
Cabinet Minister Mariana Vieira da Silva told a press conference:
Portugal has already taken very important steps in the energy transition, but the evolution and duration of the war in Ukraine must necessarily imply new measures.
Portugal mainly imports liquefied natural gas from the United States and Nigeria and does not depend on Russian gas pipelines. It stopped importing Russian crude in 2020.
The country has 7.3 GW of hydropower capacity and 5.6 GW of onshore wind farms, which together account for 83% of its total installed capacity.
According to figures from trade association SolarPower Europe, Portugal had around 1.5 GW of solar energy deployed in 2021, a figure the country will aim to increase to at least 9 GW by 2030.
According to the Secretary of State for Energy, João Galamba, environmental impact assessments will no longer be required for projects with a capacity of less than 50 MW.
In November 2021, Portugal shut down its last coal-fired power plant.