Portugal to invest €400 million into grid and BESS after Iberian
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 system (BESS)
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 widespread blackout that affected both Portugal and Spain in April, according to a report by Reuters.
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 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.
In addition, the country is also exploring new cross-border electricity connections with the rest of Europe to enhance the stability and flexibility of its power network. Portugal is interconnected with Spain only (3 GW for export and 3.6 GW for import). Portugal plans to invest €400m to strengthen and modernise its electricity grid.
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 system (BESS)
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.
The Portuguese Government has announced plans to invest €400m to strengthen its electricity grid. The investment is meant to fund a 31-measure package to enhance the resilience and
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The Portuguese Government has announced plans to invest €400m to strengthen its electricity grid. The investment is meant to fund a 31-measure package to enhance resilience and
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 widespread blackout that
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Portugal will launch a competitive tender for 750 MVA of battery energy storage before January 2026, as part of a broader €400 million package aimed at improving grid reliability and
Portugal has announced plans to invest €400 million to improve its grid management capabilities and increase its battery storage capacity.
The grid possessed insufficient voltage control capacity, suffered unusual oscillations in voltage and frequency and experienced the improper disconnection of some power plants, as
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