News

2024-04-05
ERSE - Public Consultation No. 120
Proposal of performance indicators for smart grids. Deadline for receiving contributions: 22|05|2024.
2024-04-05
With renewables on the rise and electricity at zero price, solar plants have been ordered to stop
This Friday several solar plants were forced to stop production, cutting for part of the afternoon close to 1 gigawatt of power, to balance consumption and production, marked by an abundant availability of wind, water and sun.
2024-04-04
EU carbon market emissions fall by a record 15.5% in 2023
The biggest drop was recorded in the energy sector, with a 24% reduction in emissions compared to 2022 levels.
2024-04-04
Portugal will have negative electricity prices this Friday for the first time
The Iberian electricity market has contracted for this Friday a few hours of sub-zero prices, in which producers will pay to generate and inject electricity into the grid.
2024-04-04
Historic quarter in renewables lowered electricity prices in the Iberian market
In the first months of the year, hydro and wind power had above-average production, contributing to lower the wholesale price of electricity
2024-04-04
Mismatched cycles
April has arrived and the Iberian electricity market continues on the path of low prices. In Spain there were already negative prices on Monday. 
2024-04-02
Environmental Fund support for batteries misses deadline and slips for the new Government
The Ministry of the Environment had indicated that by the end of the first quarter the Environmental Fund would launch a notice of 100 million euros to subsidize investments in batteries. But it didn't happen.
2024-04-02
Renewables supplied 89% of electricity consumption in the first quarter, the highest figure since 1978
According to REN records, March reached 91% of clean energy in the electricity system.
2024-04-01
Ambition in ocean renewables needs to be continued
Portugal has committed to achieving carbon neutrality by 2050, which requires an increase to 47% in the share of renewable energy in gross final energy consumption by 2030, which is a target of the National Energy and Climate Plan 2021-2030.
2024-04-01
Energy sector had investment of US$2.8 billion in 2023
According to a report by Crédito y Caución, investments in renewable energy and infrastructure by 2030 are crucial factors in laying the necessary foundations for energy transformation. These foundations will help to achieve zero emissions by 2050.