Portugal is one of the fastest developing countries in terms of energy transformation. At the end of last year, the country of the Iberian Peninsula completed a decarbonisation plan that had been implemented since 2017. It thus joined Belgium, Austria and Sweden is already another coal-free country as well
Portugal is abandoning fossil fuels
Renewable energy sources meet up to 70 percent. energy demand in Portugal. This is due to favorable conditions a large amount of sun and Atlantic winds, which allowed for the dynamic development of photovoltaics and wind energy.
Unfortunately, the rest of the energy needed comes from imported gas. Although Portugal, like most Western European countries, imports minimal amounts of gas from the Russian Federation, this does not protect it from the rapid increases in the prices of fossil fuels on the market.
The largest floating solar farm in Europe
Soon a solar island the size of four football fields will be built on the surface of the Alqueva artificial reservoir. The largest floating photovoltaic farm in Europe is to consist of as many as 12,000 photovoltaic panels that will produce 7.5 GWh of electricity per year. The installation will be supported by lithium batteries with a capacity of 2 GWh, which store surplus energy. See what the farm looks like in the video.
The largest photovoltaic island will start operating in July this year. In this way, Portugal is taking another step towards climate neutrality and reducing dependence on imported fossil fuels. Also read about the largest hybrid farm in the world. Green energy is expected to cost of what gas-fired power plants produce. Miguel Patena, director of the EDP group responsible for the implementation of the project, announced that the energy produced by the floating solar farm will be much cheaper than that from natural gas.
Portugal is known for its low green energy prices in 2019, kWh of renewable energy cost up to 3 euro cents.
It is worth adding that Portugal and Spain received approval from the European Union to introduce a temporary reduction in the prices of energy derived from natural gas. In the coming months, bills will not be able to exceed EUR 40 per MWh, and in the next 12 months 50 EUR.