Portugal's renewable energy sector has achieved a significant milestone, meeting 82% of the nation's electricity demand during the first half of 2024, marking the highest level in 45 years, announced national grid operator Redes Energeticas Nacionais (REN). This achievement underscores Portugal's continued progress towards sustainable energy goals.
“Renewable energy sources have played a pivotal role in meeting our electricity needs, reaching an impressive 82% in the first half of this year,” stated a spokesperson from REN. “This is a testament to the effectiveness of our renewable energy policies and investments.”
Hydropower emerged as the leading contributor, accounting for 39% of Portugal's electricity generation, followed closely by wind parks at 28%. Solar photovoltaic (PV) plants and biomass also made significant contributions, comprising 9% and 6% respectively.
Electricity consumption in Portugal saw a modest increase of 1.6% over the first six months of the year, reflecting growing demand amid economic activities and societal needs.
According to REN's data, renewable energy sources supplied 57% of Portugal's electricity consumption in June alone, while non-renewable sources contributed 39%, and the remaining gap was covered by imports.