Portugal: Portugal has unveiled a $480 M (€400 M) investment package to modernise its electricity grid and significantly expand battery energy storage systems (BESS), following a major Iberian blackout earlier this year.
Portugal will invest $480 M (€400 M) to strengthen grid stability and scale battery storage, aiming for 750 MW of BESS capacity after Iberian blackout.
Portugal currently has only 13 MW of operational BESS capacity but aims to scale to 750 MW. A notable step includes Galp’s 5 MW / 20 MWh project launched in April, developed by Powin. An additional $114 M (€100 M) from the EU’s Recovery and Resilience Plan (RRP) will fund 500 MW of BESS across 43 selected projects.
The planned investment will fully contribute to the Portuguese climate goals by enhancing intelligent energy systems and their storage. This initiative aims to increase the capacity and flexibility of the national public grid, optimising the electrical system to handle the expected rise in electricity consumption.
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Portugal''s battery storage boom steadies prices, slashes blackouts and opens tech roles. Discover how new policies could reshape your power bill.
Portugal will invest $480 M (€400 M) to strengthen grid stability and scale battery storage, aiming for 750 MW of BESS capacity after Iberian blackout.
Portugal''s battery storage boom steadies prices, slashes blackouts and opens tech roles. Discover how new policies could reshape your power bill.
This open tender marks a milestone for Portugal’s development of investments in storage systems that will add flexibility and security to the electrical grid, allowing renewable …
Portugal has announced plans to invest up to €400 million ($466 million) to reinforce its national electricity grid and expand battery storage capacity, following a …
Portugal has announced plans to invest €400 million to improve its grid management capabilities and increase its battery storage …
The economics of battery storage systems (BESS) in Europe look much rosier following changes to the European Union’s (EU) power pricing structure in October, with …
Portugal has about 13MW of BESS capacity operational today and the goal is to reach 750MW, local reports said. A 5MW/20MWh project was taken into commercial operation …
The government of Portugal has announced plans to invest €400 million (US$466 million) to improve its grid management capabilities and increase its battery energy storage …
About Average BESS price per 20MW in Portugal The latest Clean Horizon Portuguese price forecasts (S1 2025) have been available since March 2025! Recent advancements in battery …
Portugal has announced plans to invest €400 million to improve its grid management capabilities and increase its battery storage capacity.
Portugal has about 13MW of BESS capacity operational today and the goal is to reach 750MW, local reports said. A 5MW/20MWh …
PowerVault Technologies - As Portugal accelerates its renewable energy transition, Battery Energy Storage Systems (BESS) for outdoor applications have become a hot topic. This …
Portugal will invest $480 M (€400 M) to strengthen grid stability and scale battery storage, aiming for 750 MW of BESS capacity after …
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