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OKIsItJustMe

(20,739 posts)
Mon Jul 22, 2024, 08:13 PM Jul 2024

Reuters: Portugal plans to raise share of renewables in electricity consumption to 93% by 2030

https://www.reuters.com/business/energy/portugal-plans-raise-share-renewables-electricity-consumption-93-by-2030-2024-07-22/
Portugal plans to raise share of renewables in electricity consumption to 93% by 2030
By Sergio Goncalves
July 22, 2024 3:48 AM EDT

LISBON, July 22 (Reuters) - Portugal plans to raise the contribution of renewables in electricity consumption to 93% by 2030, as part of its decarbonisation push, according to an updated draft of its energy and climate plan seen by Reuters on Monday.

However, the draft proposal plans to lower the 2030 target for the installed capacity of electrolyzers to make green hydrogen by 45%. Portugal is only just now taking the first steps to install electrolyzers and has almost no production of green hydrogen.

Portugal's new centre-right government will release the draft later on Monday for in public consultation until Sept 5, when it will be sent to parliament.

European nations are increasingly betting on renewable energies, especially after gas prices hit record highs in 2022 after the Russian invasion of Ukraine.

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