News

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.
2024-04-01
UK sees "new and good opportunities" in Portugal
The Portuguese-British alliance is the oldest in the world, but the bet is a sign of the times. Renewable energy and technology are among the areas with the greatest potential in relations between the two countries, says the British commissioner for...
2024-04-01
Renewables push electricity prices to zero in the Iberian market
Clean production supplies consumption and keeps gas-fired power plants practically at a standstill.