4 FAQs about Energy storage systems lisbon

What does storsystems do?

storage and battery storage development, ownership and operation. StorSystems is driving the Portuguese energy transition by developing, building, and operating advanced battery storage systems. Battery storage allows power produced now to be stored for use later. It will be essential for a decarbonised and reliable energy network in Portugal.

Why is storage important in Portugal?

Storage provides real-time flexibility, enabling participation in balancing markets and maintaining grid stability and inertia, especially in Portugal where these markets are growing. Despite the increase in interconnection capacity between Spain and Portugal, it could experience congestions during non-solar hours.

Can storage replace thermal generation in Portugal?

The pursuit of economic viability by storage facility owners will inherently lead to charging during low-cost hours and discharging during hours that are more economically attractive. Storage can replace thermal generation in constraint markets, easing the grid and supporting Portugal's 2040 phase-out target.

How much money does Portugal need to modernise its electricity grid?

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.

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