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Renewable energy in Portugal

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Through Hydroelectricity, Wind power and Hydropower

Portugal aims to be climate neutral by 2050 and to cover 80% of its electricity consumption with renewables by 2030.

In 2018, Portugal committed to close all of the country's coal producing facilities by 2030, making it almost completely reliant on renewable energy in the coming years. As of 2019, coal still provided 40% of Portugal's electricity needs. The last Portuguese coal power plant closed on 19 November 2021.

Development

During February 2016, an equivalent to 95% of electricity consumed in Portugal was produced by renewable sources such as biomass, hydropower, wind power and solar power. A total of 4139 GWh was produced by these sources. In May 2016, all of Portugal's electricity was produced renewably for a period of over four days, a landmark achievement for a modern European country.

The renewable energy produced in Portugal fell from 55.5% of the total electricity produced in 2016 to 41.8% in 2017, due to the drought of 2017, which severely affected the production of hydro electricity. The sources of the renewable energy produced in Portugal in 2017 were wind power with 21.6% of the total (up from 20.7% in 2016), hydro power with 13.3% (down from 28.1% in 2016), bioenergy with 5.1% (same as in 2016), solar power with 1.6% (up from 1.4% in 2016), geothermal energy with 0.4% (up from 0.3% in 2016) and a small amount of wave power in the Azores. 24% of the energy produced in the Azores is geothermal.

On July 14, 2020, EDP announced it would be closing the country's largest coal-fired power station, in Sines, by January 2021. In effect, Sines's power plant was closed on 15 January 2021, nearly ten years earlier than initially forecasted. The plant was responsible for 12% of all greenhouse emissions in Portugal, and its closure meant the biggest decrease in polluting emissions in the country's history. The Pego coal plant was the only coal-fired facility functioning until 19 November 2021 when it too was shut down.

It is estimated that around 20,000 jobs will be created until 2030 in the solar-photovoltaic industry alone, with EDP having announced an investment of 24 billion Euros in the renewable industry until 2026, mostly directed at wind, solar and green hydrogen production.

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