Portugal achieved a significant milestone in its pursuit of sustainable energy, with renewable power sources contributing 61% of the country's electricity in 2023, a notable increase from 49% the previous year, according to grid operator REN. This surge was attributed to favorable weather conditions, including heavy rains, strong winds, and ample sunshine.
While Portugal targets an ambitious goal of generating 85% of its annual electricity from renewable sources by 2030, the nation already boasts one of the highest ratios in Europe. The shift towards renewable energy in European countries has gained momentum, particularly in the wake of record-high gas prices following Russia's invasion of Ukraine, Europe's primary gas supplier.
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Wind energy played a pivotal role in Portugal's energy landscape, constituting 25% of total electricity usage in the country last year. Additionally, hydropower accounted for 23%, solar energy for 7%, and biomass for 6%, as reported by REN.
In contrast, natural gas consumption experienced a notable 21% decrease from 2022 levels. A significant portion, 95%, entered the country through the deepwater port of Sines, with the remaining 5% received via interconnection with neighboring Spain.
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The global commitment to renewable energy was underscored at the recent COP28 climate summit in Dubai, where over 100 countries agreed to triple renewable energy capacity by 2030. However, the road ahead presents challenges, ranging from a labor shortage to the high costs associated with implementing such projects.
